Ventas (NYSE:VTR) CEO Sells $294,300.00 in Stock

Ventas, Inc. (NYSE:VTR) CEO Peter Bulgarelli sold 3,924 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $75.00, for a total transaction of $294,300.00. Following the transaction, the chief executive officer directly owned 112,564 shares in the company, valued at approximately $8,442,300. The trade was a 3.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Ventas Stock Performance

VTR stock opened at $76.07 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $35.73 billion, a price-to-earnings ratio of 146.28, a P/E/G ratio of 2.36 and a beta of 0.88. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $76.22. The firm has a 50 day moving average of $69.75 and a two-hundred day moving average of $67.03.

Ventas (NYSE:VTR) last released its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.01. Ventas had a net margin of 4.28% and a return on equity of 2.10%. The business had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the firm earned $0.80 EPS. Ventas’s revenue for the quarter was up 20.5% on a year-over-year basis. 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 EPS for the current fiscal year.

Ventas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th were given a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.5%. Ventas’s payout ratio is currently 369.23%.

Institutional Investors Weigh In On Ventas

Several hedge funds and other institutional investors have recently modified their holdings of the stock. DAVENPORT & Co LLC bought a new stake in Ventas in the 1st quarter valued at $276,000. Private Trust Co. NA raised its position in shares of Ventas by 175.2% during the first quarter. Private Trust Co. NA now owns 622 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 396 shares during the last quarter. Greenleaf Trust lifted its stake in shares of Ventas by 3.9% in the first quarter. Greenleaf Trust now owns 19,145 shares of the real estate investment trust’s stock valued at $1,316,000 after buying an additional 717 shares during the period. Allworth Financial LP grew its position in Ventas by 10.5% during the first quarter. Allworth Financial LP now owns 3,105 shares of the real estate investment trust’s stock worth $212,000 after buying an additional 295 shares in the last quarter. Finally, Cerity Partners LLC increased its stake in Ventas by 50.7% during the first quarter. Cerity Partners LLC now owns 41,231 shares of the real estate investment trust’s stock valued at $2,835,000 after acquiring an additional 13,871 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. increased their price objective on Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a report on Tuesday, August 26th. 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. Raymond James Financial reissued an “outperform” rating and issued a $78.00 price target (up previously from $74.00) on shares of Ventas in a research report on Friday, August 22nd. Wells Fargo & Company boosted their price objective on shares of Ventas from $77.00 to $80.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. Finally, UBS Group initiated coverage on shares of Ventas in a report on Friday, September 19th. They set a “neutral” rating and a $73.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price 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.