Ventas, Inc. (NYSE:VTR) CFO Robert F. Probst Sells 3,900 Shares

Key Points

• CFO Robert F. Probst sold 3,900 shares of Ventas stock for a total of $266,955, reducing his ownership by 2.26% to 168,364 shares valued at approximately $11.5 million.
• Ventas reported an EPS of $0.87 for the last quarter, surpassing expectations, with quarterly revenue reaching $1.42 billion, up 18.3% year-over-year.
• The company declared a quarterly dividend of $0.48 per share, resulting in an annualized yield of 2.8%, with a notably high payout ratio of 581.82%.

Ventas, Inc. (NYSE:VTR - Get Free Report) CFO Robert F. Probst sold 3,900 shares of Ventas stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $68.45, for a total value of $266,955.00. Following the completion of the transaction, the chief financial officer owned 168,364 shares in the company, valued at $11,524,515.80. This trade represents a 2.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Ventas Trading Up 0.5%

Ventas stock traded up $0.34 during trading on Friday, hitting $67.52. The company's stock had a trading volume of 2,813,818 shares, compared to its average volume of 2,577,380. The stock has a market capitalization of $30.47 billion, a price-to-earnings ratio of 157.02, a P/E/G ratio of 2.43 and a beta of 0.87. The stock's fifty day moving average is $64.21 and its 200 day moving average is $64.96. Ventas, Inc. has a 1-year low of $55.24 and a 1-year high of $71.36. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.32 and a current ratio of 0.68.

Ventas (NYSE:VTR - Get Free Report) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, beating the consensus estimate of $0.85 by $0.02. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.37 billion. Ventas had a return on equity of 1.75% and a net margin of 3.61%. The business's quarterly revenue was up 18.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.80 earnings per share. As a group, equities research analysts predict that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 17th. Shareholders of record on Monday, June 30th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, June 30th. Ventas's payout ratio is 581.82%.

Institutional Investors Weigh In On Ventas

Institutional investors have recently added to or reduced their stakes in the company. Cloud Capital Management LLC purchased a new stake in Ventas during the first quarter valued at about $25,000. Larson Financial Group LLC boosted its position in shares of Ventas by 1,334.6% in the first quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock worth $26,000 after buying an additional 347 shares during the period. Franchise Capital Ltd purchased a new stake in shares of Ventas in the first quarter worth about $32,000. Rossby Financial LCC purchased a new stake in shares of Ventas in the first quarter worth about $34,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Ventas in the second quarter worth about $33,000. Hedge funds and other institutional investors own 94.18% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Royal Bank Of Canada lifted their price target on Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. Scotiabank lifted their price target on Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a research note on Monday, June 23rd. Wall Street Zen downgraded 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 lifted their price target for the company from $70.00 to $72.00 in a research note on Monday, June 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Ventas presently has a consensus rating of "Moderate Buy" and an average price target of $72.90.

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.

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