Ventas, Inc. (NYSE:VTR) CEO Sells $431,466.40 in Stock

Ventas, Inc. (NYSE:VTR) CEO Debra A. Cafaro sold 6,827 shares of the stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $63.20, for a total transaction of $431,466.40. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $62,360,514.40. The sale was disclosed in a filing with the SEC, which is available through this link.

Ventas Stock Up 0.1 %

VTR stock opened at $62.86 on Monday. The firm has a 50 day moving average of $56.47 and a 200 day moving average of $49.59. The stock has a market capitalization of $25.44 billion, a PE ratio of -330.84, a price-to-earnings-growth ratio of 2.78 and a beta of 1.36. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.36. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $63.46.

Ventas (NYSE:VTR) last posted its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the prior year, the business posted $0.75 earnings per share. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. Sell-side analysts forecast that Ventas, Inc. will post 3.16 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on VTR. Evercore ISI increased their target price on shares of Ventas from $61.00 to $64.00 and gave the stock an “outperform” rating in a report on Wednesday, August 28th. Wells Fargo & Company raised their price target on shares of Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a report on Thursday, May 30th. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a report on Friday, August 9th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. Finally, Royal Bank of Canada raised their price target on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $56.27.

Hedge Funds Weigh In On Ventas

A number of institutional investors have recently bought and sold shares of the business. Sanctuary Advisors LLC purchased a new position in Ventas during the 2nd quarter worth approximately $1,289,000. Quarry LP increased its holdings in shares of Ventas by 407.9% during the 2nd quarter. Quarry LP now owns 2,697 shares of the real estate investment trust’s stock valued at $138,000 after purchasing an additional 2,166 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Ventas by 135.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,654 shares of the real estate investment trust’s stock valued at $1,674,000 after purchasing an additional 18,780 shares in the last quarter. Creative Planning increased its holdings in shares of Ventas by 30.3% during the 2nd quarter. Creative Planning now owns 48,205 shares of the real estate investment trust’s stock valued at $2,471,000 after purchasing an additional 11,219 shares in the last quarter. Finally, Liberty Mutual Group Asset Management Inc. purchased a new position in shares of Ventas during the 2nd quarter valued at approximately $1,296,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

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.