Ventas, Inc. (NYSE:VTR) CFO Sells $1,955,090.97 in Stock

Ventas, Inc. (NYSE:VTR - Get Free Report) CFO Robert F. Probst sold 29,493 shares of the company's stock in a transaction on Monday, July 21st. The shares were sold at an average price of $66.29, for a total value of $1,955,090.97. Following the completion of the sale, the chief financial officer owned 168,364 shares in the company, valued at $11,160,849.56. This represents a 14.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ventas Price Performance

Shares of VTR traded down $0.50 during midday trading on Friday, reaching $66.62. The stock had a trading volume of 940,351 shares, compared to its average volume of 3,118,924. Ventas, Inc. has a 52 week low of $53.09 and a 52 week high of $71.36. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.32 and a quick ratio of 0.32. The firm's 50 day moving average price is $64.03 and its 200-day moving average price is $64.66. The company has a market capitalization of $30.06 billion, a P/E ratio of 201.96, a P/E/G ratio of 2.43 and a beta of 0.87.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.82 by $0.02. Ventas had a return on equity of 1.36% and a net margin of 2.80%. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the business earned $0.78 EPS. The company's quarterly revenue was up 13.2% compared to the same quarter last year. On average, analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Investors of record on Monday, June 30th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date of this dividend was Monday, June 30th. Ventas's payout ratio is 581.82%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Scotiabank increased their target price on Ventas from $71.00 to $72.00 and gave the stock a "sector perform" rating in a research report on Monday, June 23rd. Royal Bank Of Canada upped their price target on Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 7th. Wall Street Zen lowered Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Finally, JPMorgan Chase & Co. upgraded Ventas from a "neutral" rating to an "overweight" rating and increased their target price for the company from $70.00 to $72.00 in a research note on Monday, June 23rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $72.90.

Hedge Funds Weigh In On Ventas

A number of hedge funds have recently modified their holdings of VTR. Norges Bank acquired a new position in shares of Ventas in the 4th quarter worth $340,282,000. Nuveen LLC purchased a new position in shares of Ventas during the first quarter valued at $359,113,000. JPMorgan Chase & Co. grew its holdings 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 in the last quarter. Vanguard Group Inc. grew its stake in Ventas by 3.7% in the first quarter. Vanguard Group Inc. now owns 68,941,561 shares of the real estate investment trust's stock valued at $4,740,422,000 after purchasing an additional 2,440,551 shares in the last quarter. Finally, Northern Trust Corp increased its stake in shares of Ventas by 60.8% during the 4th quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust's stock worth $365,563,000 after purchasing an additional 2,347,705 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

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.