Ventas (NYSE:VTR) CEO Sells $65,493.60 in Stock

Ventas, Inc. (NYSE:VTR) CEO Peter Bulgarelli sold 870 shares of Ventas stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $75.28, for a total value of $65,493.60. Following the completion of the sale, the chief executive officer owned 111,694 shares of the company’s stock, valued at $8,408,324.32. This trade represents a 0.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ventas Trading Up 0.0%

VTR stock traded up $0.01 during trading on Thursday, reaching $74.99. 3,528,107 shares of the stock traded hands, compared to its average volume of 3,007,647. The firm has a market capitalization of $35.23 billion, a PE ratio of 144.22, a P/E/G ratio of 2.36 and a beta of 0.88. 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 business’s 50 day moving average price is $69.44 and its 200-day moving average price is $66.92. Ventas, Inc. has a 52-week low of $56.68 and a 52-week high of $75.61.

Ventas (NYSE:VTR) last released its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.01. Ventas had a return on equity of 2.10% and a net margin of 4.28%.The business had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same period in the previous year, the company posted $0.80 EPS. The company’s revenue 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, sell-side analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Announces Dividend

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

Hedge Funds Weigh In On Ventas

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Naviter Wealth LLC boosted its holdings in Ventas by 6.2% in the 3rd quarter. Naviter Wealth LLC now owns 35,304 shares of the real estate investment trust’s stock worth $2,488,000 after acquiring an additional 2,066 shares during the period. Metis Global Partners LLC raised its position in shares of Ventas by 28.7% in the 3rd quarter. Metis Global Partners LLC now owns 116,974 shares of the real estate investment trust’s stock valued at $8,187,000 after purchasing an additional 26,080 shares in the last quarter. Assetmark Inc. raised its position in shares of Ventas by 14.2% in the 3rd quarter. Assetmark Inc. now owns 93,007 shares of the real estate investment trust’s stock valued at $6,510,000 after purchasing an additional 11,541 shares in the last quarter. Public Sector Pension Investment Board raised its position in shares of Ventas by 5.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 97,962 shares of the real estate investment trust’s stock valued at $6,856,000 after purchasing an additional 5,095 shares in the last quarter. Finally, Wedbush Securities Inc. acquired a new position in shares of Ventas in the 3rd quarter valued at approximately $266,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VTR. 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. Cantor Fitzgerald boosted their target price on Ventas from $77.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. JPMorgan Chase & Co. boosted their target price on Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, August 26th. Morgan Stanley boosted their target price on Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a report on Friday, August 15th. Finally, Evercore ISI boosted their target price on Ventas from $77.00 to $80.00 and gave the stock an “outperform” rating in a report on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $76.08.

Ventas Company Profile

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.