Debra A. Cafaro Sells 121,248 Shares of Ventas, Inc. (NYSE:VTR) Stock

Ventas, Inc. (NYSE:VTR) CEO Debra A. Cafaro sold 121,248 shares of the business’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total value of $8,022,980.16. Following the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $65,291,063.89. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Ventas Stock Down 1.5 %

Shares of VTR stock traded down $1.03 during trading hours on Thursday, hitting $65.45. 4,739,492 shares of the company were exchanged, compared to its average volume of 2,390,912. The business’s 50-day simple moving average is $63.48 and its two-hundred day simple moving average is $55.10. Ventas, Inc. has a one year low of $41.45 and a one year high of $67.61. The stock has a market capitalization of $27.04 billion, a price-to-earnings ratio of -385.24, a P/E/G ratio of 2.87 and a beta of 1.36. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.58 and a current ratio of 0.58.

Ventas (NYSE:VTR) last issued its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.74). The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. Ventas’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.75 EPS. Sell-side analysts predict that Ventas, Inc. will post 3.18 EPS for the current fiscal year.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.75%. Ventas’s payout ratio is -1,058.82%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VTR. First Community Trust NA bought a new stake in shares of Ventas during the 2nd quarter valued at about $25,000. ORG Partners LLC acquired a new position in Ventas in the second quarter valued at approximately $27,000. EdgeRock Capital LLC bought a new position in shares of Ventas during the second quarter valued at approximately $41,000. Global X Japan Co. Ltd. acquired a new stake in shares of Ventas during the 3rd quarter worth approximately $48,000. Finally, Friedenthal Financial bought a new stake in shares of Ventas in the 2nd quarter worth approximately $51,000. 94.18% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on VTR. Royal Bank of Canada boosted their price objective on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Wells Fargo & Company upgraded Ventas from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $61.00 to $71.00 in a report on Tuesday, October 1st. Scotiabank boosted their price objective on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Friday, October 11th. Evercore ISI increased their target price on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Finally, Wedbush boosted their price target on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $63.63.

About Ventas

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.