John D. Cobb Sells 10,000 Shares of Ventas, Inc. (VTR) Stock

Ventas, Inc. (NYSE:VTR) EVP John D. Cobb sold 10,000 shares of Ventas stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $64.88, for a total transaction of $648,800.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

VTR opened at $59.03 on Friday. Ventas, Inc. has a 1-year low of $46.55 and a 1-year high of $65.70. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $21.09 billion, a price-to-earnings ratio of 14.50, a P/E/G ratio of 8.58 and a beta of 0.32.

Ventas (NYSE:VTR) last posted its quarterly earnings results on Friday, February 8th. The real estate investment trust reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.01. Ventas had a net margin of 10.93% and a return on equity of 3.54%. The firm had revenue of $923.26 million during the quarter, compared to the consensus estimate of $913.92 million. During the same period in the previous year, the firm posted $1.03 earnings per share. The business’s revenue was up 3.1% compared to the same quarter last year. On average, equities analysts predict that Ventas, Inc. will post 3.81 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Monday, April 1st were given a dividend of $0.7925 per share. This represents a $3.17 annualized dividend and a dividend yield of 5.37%. The ex-dividend date was Friday, March 29th. Ventas’s payout ratio is presently 77.89%.

Several large investors have recently bought and sold shares of VTR. Massey Quick Simon & CO. LLC bought a new stake in Ventas in the 1st quarter worth about $26,000. Rational Advisors LLC bought a new stake in Ventas in the 4th quarter worth about $34,000. Reilly Financial Advisors LLC bought a new stake in Ventas in the 4th quarter worth about $35,000. Berman Capital Advisors LLC bought a new stake in Ventas in the 4th quarter worth about $41,000. Finally, Pinnacle Bank bought a new stake in Ventas in the 4th quarter worth about $46,000. 88.50% of the stock is owned by institutional investors.

VTR has been the topic of several recent analyst reports. Zacks Investment Research lowered shares of Ventas from a “hold” rating to a “sell” rating in a report on Monday, December 31st. ValuEngine lowered shares of Ventas from a “buy” rating to a “hold” rating in a report on Tuesday, April 16th. BMO Capital Markets boosted their target price on shares of Ventas from $62.00 to $64.00 and gave the company a “market perform” rating in a report on Monday, March 4th. Deutsche Bank boosted their target price on shares of Ventas from $54.00 to $57.00 and gave the company a “hold” rating in a report on Friday, March 29th. Finally, Morgan Stanley initiated coverage on shares of Ventas in a report on Thursday, March 28th. They issued an “equal weight” rating and a $61.00 target price on the stock. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $59.33.

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About Ventas

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.

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