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

Ventas, Inc. (NYSE:VTRGet Free Report) CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were 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 position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Ventas Stock Performance

NYSE:VTR opened at $65.45 on Friday. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. 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 stock’s 50 day simple moving average is $63.60 and its 200-day simple moving average is $55.17.

Ventas (NYSE:VTRGet Free Report) last announced 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 firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.19 billion. Ventas had a negative net margin of 1.38% and a negative return on equity of 0.70%. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.75 earnings per share. As a group, analysts expect that Ventas, Inc. will post 3.18 earnings per share for the current year.

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.45 per share. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.75%. Ventas’s dividend payout ratio (DPR) is -1,058.76%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. First Community Trust NA acquired a new position in Ventas during the 2nd quarter worth approximately $25,000. ORG Partners LLC purchased a new position in Ventas in the second quarter worth $27,000. EdgeRock Capital LLC acquired a new stake in Ventas in the second quarter valued at $41,000. Global X Japan Co. Ltd. purchased a new stake in shares of Ventas during the 3rd quarter worth $48,000. Finally, Friedenthal Financial purchased a new stake in shares of Ventas during the 2nd quarter worth $51,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Scotiabank upped their price objective on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research note on Friday, October 11th. StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a research report on Monday, October 21st. Royal Bank of Canada lifted their price target on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Wolfe Research raised Ventas to a “strong-buy” rating in a report on Friday, August 9th. Finally, Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $63.63.

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About Ventas

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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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