Ventas, Inc. (NYSE:VTR - Get Free Report) CEO Debra A. Cafaro sold 44,551 shares of the stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $71.06, for a total transaction of $3,165,794.06. Following the completion of the transaction, the chief executive officer now directly owns 1,145,695 shares of the company's stock, valued at $81,413,086.70. This trade represents a 3.74 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Ventas Stock Down 2.1 %
NYSE:VTR opened at $64.12 on Tuesday. The stock's fifty day moving average price is $65.93 and its two-hundred day moving average price is $63.40. The company has a market cap of $28.06 billion, a price-to-earnings ratio of 337.50, a P/E/G ratio of 2.59 and a beta of 1.02. Ventas, Inc. has a 52-week low of $41.45 and a 52-week high of $71.36. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85.
Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. On average, analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current year.
Ventas Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be issued a $0.48 dividend. This is a positive change from Ventas's previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a yield of 2.99%. The ex-dividend date is Monday, March 31st. Ventas's dividend payout ratio is currently 1,010.53%.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on the company. Robert W. Baird raised Ventas from a "neutral" rating to an "outperform" rating and dropped their target price for the stock from $66.00 to $65.00 in a report on Friday, January 17th. Mizuho lifted their price objective on Ventas from $68.00 to $75.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. Argus set a $75.00 target price on shares of Ventas in a report on Friday, March 7th. Morgan Stanley lifted their price target on shares of Ventas from $65.00 to $70.00 and gave the company an "equal weight" rating in a report on Tuesday, March 11th. Finally, Wells Fargo & Company upped their price objective on shares of Ventas from $72.00 to $77.00 and gave the stock an "overweight" rating in a research note on Monday, March 10th. Four equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $72.90.
Get Our Latest Analysis on Ventas
Institutional Trading of Ventas
A number of institutional investors have recently bought and sold shares of the business. ST Germain D J Co. Inc. acquired a new stake in shares of Ventas during the fourth quarter worth $27,000. Franchise Capital Ltd acquired a new position in shares of Ventas during the 1st quarter worth about $32,000. Harbor Capital Advisors Inc. increased its stake in shares of Ventas by 66.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 210 shares during the last quarter. Promus Capital LLC acquired a new stake in shares of Ventas in the 4th quarter valued at approximately $38,000. Finally, New Wave Wealth Advisors LLC bought a new position in Ventas during the 4th quarter worth approximately $41,000. Institutional investors and hedge funds own 94.18% of the company's stock.
Ventas Company Profile
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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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