Ventas Target of Unusually High Options Trading (VTR)

Ventas, Inc. (NYSE:VTR) was the target of unusually large options trading on Thursday. Traders acquired 4,847 call options on the stock. This is an increase of approximately 1,079% compared to the typical daily volume of 411 call options.

In other news, CAO Gregory R. Liebbe sold 4,113 shares of the company’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $60.67, for a total transaction of $249,535.71. Following the transaction, the chief accounting officer now owns 14,627 shares of the company’s stock, valued at approximately $887,420.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John D. Cobb sold 10,000 shares of the stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $64.88, for a total value of $648,800.00. The disclosure for this sale can be found here. In the last three months, insiders sold 111,577 shares of company stock worth $7,149,673. Insiders own 1.40% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. AdvisorNet Financial Inc increased its position in Ventas by 6.8% during the 4th quarter. AdvisorNet Financial Inc now owns 2,491 shares of the real estate investment trust’s stock valued at $146,000 after buying an additional 159 shares in the last quarter. West Oak Capital LLC increased its holdings in shares of Ventas by 4.9% in the 1st quarter. West Oak Capital LLC now owns 3,400 shares of the real estate investment trust’s stock worth $217,000 after purchasing an additional 160 shares in the last quarter. Colony Group LLC increased its holdings in shares of Ventas by 3.3% in the 4th quarter. Colony Group LLC now owns 5,425 shares of the real estate investment trust’s stock worth $318,000 after purchasing an additional 171 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Ventas by 11.5% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,776 shares of the real estate investment trust’s stock worth $104,000 after purchasing an additional 183 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. increased its holdings in shares of Ventas by 9.4% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 2,410 shares of the real estate investment trust’s stock worth $141,000 after purchasing an additional 207 shares in the last quarter. 88.50% of the stock is owned by institutional investors.

A number of brokerages recently issued reports on VTR. Deutsche Bank increased their price objective on Ventas from $54.00 to $57.00 and gave the stock a “hold” rating in a report on Friday, March 29th. Morgan Stanley began coverage on Ventas in a report on Thursday, March 28th. They set an “equal weight” rating and a $61.00 price objective on the stock. BMO Capital Markets increased their price objective on Ventas from $60.00 to $62.00 and gave the stock a “market perform” rating in a report on Monday, February 11th. ValuEngine lowered Ventas from a “buy” rating to a “hold” rating in a research note on Tuesday, April 16th. Finally, Zacks Investment Research lowered Ventas from a “hold” rating to a “sell” rating in a research note on Monday, December 31st. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $59.33.

NYSE VTR traded up $0.74 on Friday, hitting $59.03. The company’s stock had a trading volume of 1,565,854 shares, compared to its average volume of 1,935,609. The stock has a market cap of $21.09 billion, a P/E ratio of 14.50, a price-to-earnings-growth ratio of 8.15 and a beta of 0.32. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.53 and a current ratio of 0.53. Ventas has a 52-week low of $46.55 and a 52-week high of $65.70.

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

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

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Ventas Company Profile

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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