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.
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.
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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