Ventas (NYSE:VTR) CEO Peter Bulgarelli Sells 2,554 Shares

Key Points

• Ventas CEO Peter Bulgarelli sold 2,554 shares of the company's stock at an average price of $70.26, which resulted in a total transaction of approximately $179,444.
• The company will pay a quarterly dividend of $0.48 per share on October 16th, reflecting an annualized dividend yield of 2.8%.
• Selling analysts have given Ventas a consensus target price of $75.23, with most ratings being positive, including multiple 'Buy' and 'Outperform' recommendations.

Ventas, Inc. (NYSE:VTR - Get Free Report) CEO Peter Bulgarelli sold 2,554 shares of the business's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $70.26, for a total transaction of $179,444.04. Following the completion of the sale, the chief executive officer directly owned 116,488 shares in the company, valued at approximately $8,184,446.88. This represents a 2.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Ventas Trading Down 1.0%

VTR stock traded down $0.70 during midday trading on Thursday, hitting $69.63. The stock had a trading volume of 5,325,133 shares, compared to its average volume of 3,057,040. The firm has a market cap of $31.64 billion, a P/E ratio of 161.92, a price-to-earnings-growth ratio of 2.58 and a beta of 0.89. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $71.36. The business has a fifty day moving average price of $68.11 and a two-hundred day moving average price of $66.36.

Ventas (NYSE:VTR - Get Free Report) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.02. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. Ventas's revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, sell-side analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.48 per share. The ex-dividend date is Tuesday, September 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.8%. Ventas's dividend payout ratio is currently 446.51%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. UBS Group assumed coverage on shares of Ventas in a report on Friday, September 19th. They set a "neutral" rating and a $73.00 price objective on the stock. Scotiabank upped their price objective on shares of Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a report on Thursday, August 28th. Raymond James Financial reiterated an "outperform" rating and set a $78.00 price objective (up previously from $74.00) on shares of Ventas in a report on Friday, August 22nd. Evercore ISI upped their price objective on shares of Ventas from $77.00 to $80.00 and gave the company an "outperform" rating in a report on Monday, September 15th. Finally, Argus reiterated a "buy" rating and set a $75.00 price objective on shares of Ventas in a report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $75.23.

Institutional Investors Weigh In On Ventas

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ethic Inc. increased its position in shares of Ventas by 27.9% during the first quarter. Ethic Inc. now owns 66,748 shares of the real estate investment trust's stock worth $4,624,000 after acquiring an additional 14,568 shares in the last quarter. DAVENPORT & Co LLC bought a new stake in shares of Ventas during the first quarter worth about $276,000. Cbre Investment Management Listed Real Assets LLC increased its position in shares of Ventas by 25.7% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 376,973 shares of the real estate investment trust's stock worth $25,921,000 after acquiring an additional 77,066 shares in the last quarter. NBC Securities Inc. bought a new stake in shares of Ventas during the first quarter worth about $65,000. Finally, Nicola Wealth Management LTD. bought a new stake in shares of Ventas during the first quarter worth about $1,169,000. 94.18% of the stock is owned by 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.

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