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 that occurred on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the transaction, the chief executive officer now owns 986,717 shares of the company’s stock, valued at approximately $65,291,063.89. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Ventas Trading Down 2.0 %

Shares of VTR stock opened at $64.19 on Friday. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $67.61. The firm has a fifty day moving average price of $63.70 and a 200-day moving average price of $55.32. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.58 and a quick ratio of 0.58. The company has a market cap of $26.52 billion, a price-to-earnings ratio of -377.57, a PEG ratio of 2.94 and a beta of 1.36.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). Ventas had a negative net margin of 1.38% and a negative return on equity of 0.70%. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the firm earned $0.75 EPS. The company’s revenue was up 8.6% on a year-over-year basis. As a group, equities analysts predict that Ventas, Inc. will post 3.18 earnings per share for the current year.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date was Tuesday, October 1st. Ventas’s payout ratio is -1,058.76%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VTR. Massachusetts Financial Services Co. MA purchased a new position in shares of Ventas during the 2nd quarter valued at $135,425,000. ANTIPODES PARTNERS Ltd purchased a new position in shares of Ventas during the 2nd quarter valued at $73,517,000. Centersquare Investment Management LLC lifted its stake in shares of Ventas by 11.5% during the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock valued at $345,667,000 after buying an additional 802,546 shares in the last quarter. Zurich Insurance Group Ltd FI lifted its stake in shares of Ventas by 217.4% during the 2nd quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust’s stock valued at $43,905,000 after buying an additional 586,676 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its stake in shares of Ventas by 1,247.7% during the 2nd quarter. Mackenzie Financial Corp now owns 496,531 shares of the real estate investment trust’s stock valued at $25,452,000 after buying an additional 459,689 shares in the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Wall Street Analyst Weigh In

VTR has been the subject of a number of recent analyst reports. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a report on Friday, August 9th. Wedbush lifted their target price on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Evercore ISI lifted their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Scotiabank lifted their target price on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. Finally, Royal Bank of Canada lifted their target price on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Ventas has a consensus rating of “Moderate Buy” and a consensus target price 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.