Ventas, Inc. (NYSE:VTR – Get Free Report) CFO Robert F. Probst sold 18,500 shares of Ventas stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $47.11, for a total value of $871,535.00. Following the completion of the sale, the chief financial officer now owns 176,403 shares of the company’s stock, valued at $8,310,345.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Ventas Stock Performance
Shares of VTR opened at $47.44 on Thursday. The firm has a market cap of $19.20 billion, a PE ratio of -249.68, a PEG ratio of 2.52 and a beta of 1.25. The stock’s fifty day moving average price is $43.53 and its two-hundred day moving average price is $45.25. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.63 and a quick ratio of 0.63. Ventas, Inc. has a 1 year low of $39.33 and a 1 year high of $50.99.
Ventas Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Shareholders of record on Monday, April 1st were paid a $0.45 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.80 annualized dividend and a dividend yield of 3.79%. Ventas’s payout ratio is presently -947.37%.
Institutional Trading of Ventas
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on VTR shares. Wells Fargo & Company reissued an “equal weight” rating and issued a $46.00 price objective (down previously from $52.00) on shares of Ventas in a research note on Monday, February 26th. Deutsche Bank Aktiengesellschaft started coverage on Ventas in a research note on Tuesday, January 30th. They issued a “buy” rating and a $60.00 price objective for the company. Bank of America raised Ventas from a “neutral” rating to a “buy” rating and raised their price objective for the company from $48.00 to $53.00 in a research note on Tuesday, January 16th. Evercore ISI raised Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price on the stock in a research report on Monday, March 18th. Finally, StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $51.25.
Read Our Latest Stock Analysis on VTR
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.
See Also
- Five stocks we like better than Ventas
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- No New Highs for Cloudflare in 2024
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Electronic Arts Earnings Engaging Players and Building Value
- Why Invest in 5G Stocks
- 3 Tripe-Digit Growth Mid Cap Stocks to Watch This Quarter
Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.