Ventas, Inc. (NYSE:VTR) EVP Carey S. Roberts Sells 23,500 Shares

Ventas, Inc. (NYSE:VTR - Get Free Report) EVP Carey S. Roberts sold 23,500 shares of the business's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $64.23, for a total transaction of $1,509,405.00. Following the completion of the transaction, the executive vice president now owns 116,650 shares in the company, valued at $7,492,429.50. This trade represents a 16.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Ventas Stock Down 1.3%

Shares of NYSE VTR traded down $0.83 during trading on Tuesday, hitting $63.26. The stock had a trading volume of 3,111,609 shares, compared to its average volume of 2,759,779. Ventas, Inc. has a 12 month low of $49.06 and a 12 month high of $71.36. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $28.55 billion, a PE ratio of 332.96, a PEG ratio of 2.59 and a beta of 0.95. The firm has a fifty day moving average of $66.18 and a two-hundred day moving average of $63.93.

Ventas (NYSE:VTR - Get Free Report) last posted its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.02. Ventas had a net margin of 1.65% and a return on equity of 0.82%. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the business posted $0.78 EPS. The business's revenue was up 13.2% compared to the same quarter last year. As a group, equities research analysts forecast 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 will be paid on Thursday, July 17th. Investors of record on Monday, June 30th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend is Monday, June 30th. Ventas's dividend payout ratio (DPR) is currently 581.82%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on VTR shares. Royal Bank of Canada boosted their price target on shares of Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. Mizuho boosted their price target on shares of Ventas from $68.00 to $75.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Morgan Stanley boosted their price target on shares of Ventas from $65.00 to $70.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 11th. Scotiabank lifted their price objective on shares of Ventas from $69.00 to $72.00 and gave the company a "sector perform" rating in a research note on Friday, February 28th. Finally, Wedbush lifted their price objective on shares of Ventas from $69.00 to $78.00 and gave the company an "outperform" rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $73.00.

Hedge Funds Weigh In On Ventas

A number of hedge funds and other institutional investors have recently made changes to their positions in VTR. JPMorgan Chase & Co. boosted its holdings in shares of Ventas by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust's stock worth $1,767,261,000 after buying an additional 599,600 shares during the last quarter. Blue Trust Inc. lifted its holdings in Ventas by 28.0% during the fourth quarter. Blue Trust Inc. now owns 10,404 shares of the real estate investment trust's stock valued at $667,000 after purchasing an additional 2,277 shares during the last quarter. Pacer Advisors Inc. lifted its holdings in Ventas by 42.2% during the fourth quarter. Pacer Advisors Inc. now owns 42,998 shares of the real estate investment trust's stock valued at $2,532,000 after purchasing an additional 12,767 shares during the last quarter. Foundations Investment Advisors LLC lifted its holdings in Ventas by 7.9% during the fourth quarter. Foundations Investment Advisors LLC now owns 4,136 shares of the real estate investment trust's stock valued at $244,000 after purchasing an additional 304 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in Ventas by 109.5% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 187,412 shares of the real estate investment trust's stock valued at $11,037,000 after purchasing an additional 97,940 shares during the last quarter. 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.