Ventas (NYSE:VTR) CEO Sells 11,452 Shares

Ventas, Inc. (NYSE:VTR) CEO Debra Cafaro sold 11,452 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $75.02, for a total value of $859,129.04. Following the completion of the sale, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at approximately $85,950,038.90. The trade was a 0.99% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Ventas Stock Up 0.0%

VTR traded up $0.01 during midday trading on Thursday, hitting $74.99. 3,528,107 shares of the company’s stock traded hands, compared to its average volume of 3,007,647. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market cap of $35.23 billion, a PE ratio of 144.22, a price-to-earnings-growth ratio of 2.36 and a beta of 0.88. The stock’s fifty day simple moving average is $69.44 and its 200-day simple moving average is $66.92. Ventas, Inc. has a one year low of $56.68 and a one year high of $75.61.

Ventas (NYSE:VTR) last posted its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, topping the consensus estimate of $0.87 by $0.01. Ventas had a net margin of 4.28% and a return on equity of 2.10%. The company had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the previous year, the firm posted $0.80 earnings per share. The company’s revenue for the quarter was up 20.5% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. As a group, equities analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Tuesday, September 30th. Ventas’s dividend payout ratio is presently 369.23%.

Institutional Trading of Ventas

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in Ventas during the 2nd quarter valued at $344,740,000. Nuveen LLC acquired a new stake in Ventas in the 1st quarter worth $359,113,000. Vanguard Group Inc. increased its holdings in shares of Ventas by 4.1% during the 2nd quarter. Vanguard Group Inc. now owns 71,796,312 shares of the real estate investment trust’s stock worth $4,533,937,000 after purchasing an additional 2,854,751 shares during the period. JPMorgan Chase & Co. raised its position in shares of Ventas by 9.5% during the first quarter. JPMorgan Chase & Co. now owns 32,347,333 shares of the real estate investment trust’s stock valued at $2,224,203,000 after buying an additional 2,811,241 shares during the last quarter. Finally, Citigroup Inc. raised its position in shares of Ventas by 451.9% during the second quarter. Citigroup Inc. now owns 2,316,344 shares of the real estate investment trust’s stock valued at $146,277,000 after buying an additional 1,896,627 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on VTR shares. UBS Group began coverage on Ventas in a report on Friday, September 19th. They set a “neutral” rating and a $73.00 target price on the stock. Argus reissued a “buy” rating and issued a $75.00 price objective on shares of Ventas in a research note on Tuesday, August 26th. Scotiabank boosted their target price on Ventas from $72.00 to $74.00 and gave the stock a “sector perform” rating in a report on Thursday, August 28th. Morgan Stanley increased their price target on Ventas from $70.00 to $75.00 and gave the company an “equal weight” rating in a report on Friday, August 15th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a research report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Ventas presently has an average rating of “Moderate Buy” and a consensus price target of $76.08.

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.