Ventas (NYSE:VTR) CEO Sells $142,779.60 in Stock

Key Points

• Ventas CEO Peter Bulgarelli sold 2,040 shares of the company's stock for a total of $142,779.60, resulting in a 1.68% decrease in his ownership.
• The company recently announced a $0.48 quarterly dividend, which results in an annualized yield of 2.8% and is set to be paid on October 16th.
• Ventas reported a revenue increase of 18.3% year-over-year for the last quarter, surpassing analyst expectations with an EPS of $0.87 against an estimated $0.85.

Ventas, Inc. (NYSE:VTR - Get Free Report) CEO Peter Bulgarelli sold 2,040 shares of Ventas stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $69.99, for a total transaction of $142,779.60. Following the completion of the sale, the chief executive officer owned 119,042 shares in the company, valued at approximately $8,331,749.58. This represents a 1.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Ventas Price Performance

Shares of Ventas stock traded down $0.70 during trading on Thursday, reaching $69.63. 5,325,133 shares of the stock traded hands, compared to its average volume of 3,057,040. Ventas, Inc. has a 52-week low of $56.68 and a 52-week high of $71.36. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The business has a fifty day simple moving average of $68.11 and a two-hundred day simple moving average of $66.36. The company has a market capitalization of $31.64 billion, a price-to-earnings ratio of 161.92, a P/E/G ratio of 2.58 and a beta of 0.89.

Ventas (NYSE:VTR - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.02. The company 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 firm's revenue was up 18.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Sell-side analysts expect that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on VTR. Raymond James Financial reaffirmed an "outperform" rating and issued a $78.00 price target (up previously from $74.00) on shares of Ventas in a report on Friday, August 22nd. Cantor Fitzgerald began coverage on Ventas in a research report on Wednesday. They set an "overweight" rating and a $77.00 target price on the stock. Argus restated a "buy" rating and set a $75.00 price target on shares of Ventas in a report on Tuesday, August 26th. Scotiabank lifted their price objective on shares of Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 28th. Finally, UBS Group began coverage on shares of Ventas in a research note on Friday, September 19th. They issued a "neutral" rating and a $73.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $75.23.

Institutional Trading of Ventas

Institutional investors and hedge funds have recently made changes to their positions in the business. Cloud Capital Management LLC bought a new position in shares of Ventas in the first quarter worth about $25,000. Larson Financial Group LLC boosted its position in Ventas by 1,334.6% in the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock valued at $26,000 after buying an additional 347 shares during the period. Rossby Financial LCC bought a new position in Ventas in the 1st quarter worth about $34,000. Ameritas Advisory Services LLC purchased a new position in shares of Ventas during the second quarter worth approximately $33,000. Finally, Golden State Wealth Management LLC raised its stake in shares of Ventas by 52.7% during the second quarter. Golden State Wealth Management LLC now owns 536 shares of the real estate investment trust's stock valued at $34,000 after acquiring an additional 185 shares in the last quarter. 94.18% of the stock is currently 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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