Ventas, Inc. (NYSE:VTR – Get Free Report) CFO Robert F. Probst sold 20,000 shares of Ventas stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $58.87, for a total value of $1,177,400.00. Following the completion of the sale, the chief financial officer now directly owns 156,403 shares in the company, valued at approximately $9,207,444.61. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Ventas Price Performance
Shares of NYSE:VTR opened at $59.37 on Monday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.63 and a current ratio of 0.58. The business’s fifty day moving average price is $52.40 and its two-hundred day moving average price is $47.51. The stock has a market cap of $24.03 billion, a PE ratio of -312.47, a price-to-earnings-growth ratio of 2.53 and a beta of 1.33. Ventas, Inc. has a one year low of $39.33 and a one year high of $59.50.
Ventas (NYSE:VTR – Get Free Report) 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 the consensus estimate of $0.79 by ($0.74). The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Ventas had a negative net margin of 3.33% and a negative return on equity of 1.63%. The firm’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.75 earnings per share. On average, analysts forecast that Ventas, Inc. will post 3.16 EPS for the current fiscal year.
Ventas Announces Dividend
Analyst Upgrades and Downgrades
VTR has been the topic of a number of analyst reports. Wedbush lifted their price target on Ventas from $54.00 to $64.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. Wells Fargo & Company upped their price target on shares of Ventas from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 30th. Evercore ISI raised their price objective on shares of Ventas from $53.00 to $56.00 and gave the company an “outperform” rating in a research note on Tuesday, July 16th. Royal Bank of Canada upped 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. Finally, StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $54.31.
View Our Latest Analysis on Ventas
Hedge Funds Weigh In On Ventas
Institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank acquired a new position in Ventas in the 4th quarter valued at $231,512,000. Massachusetts Financial Services Co. MA purchased a new stake in shares of Ventas in the second quarter valued at $135,425,000. ANTIPODES PARTNERS Ltd acquired a new position in Ventas in the second quarter valued at $73,517,000. Waterfront Capital Partners LLC purchased a new position in Ventas during the fourth quarter worth about $50,967,000. Finally, Centersquare Investment Management LLC boosted its stake in Ventas by 11.5% in the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock worth $345,667,000 after buying an additional 802,546 shares during the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.
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.
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