Ventas (NYSE:VTR) CFO Sells $2,312,092.50 in Stock

Ventas, Inc. (NYSE:VTR) CFO Robert Probst sold 29,930 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $77.25, for a total transaction of $2,312,092.50. Following the sale, the chief financial officer directly owned 138,434 shares in the company, valued at approximately $10,694,026.50. This represents a 17.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Ventas Price Performance

Shares of VTR stock traded down $0.39 during midday trading on Tuesday, reaching $76.05. 2,817,053 shares of the company traded hands, compared to its average volume of 3,096,684. The firm’s 50 day simple moving average is $77.98 and its two-hundred day simple moving average is $71.08. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $81.89. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.32 and a quick ratio of 0.32. The firm has a market cap of $35.72 billion, a PE ratio of 146.25, a price-to-earnings-growth ratio of 1.79 and a beta of 0.78.

Ventas (NYSE:VTR) last released its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.01. The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Ventas had a return on equity of 2.05% and a net margin of 4.28%.The company’s revenue was up 20.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. On average, equities research analysts expect that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, December 31st. Ventas’s dividend payout ratio is presently 369.23%.

Analysts Set New Price Targets

Several analysts have issued reports on VTR shares. UBS Group started coverage on shares of Ventas in a report on Friday, September 19th. They issued a “neutral” rating and a $73.00 price target on the stock. Wells Fargo & Company upped their target price on Ventas from $80.00 to $88.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Cantor Fitzgerald reiterated an “overweight” rating and set a $93.00 target price on shares of Ventas in a report on Monday. Evercore ISI boosted their price target on Ventas from $77.00 to $80.00 and gave the stock an “outperform” rating in a report on Monday, September 15th. Finally, KeyCorp upped their price objective on Ventas from $70.00 to $85.00 and gave the company an “overweight” rating in a research report on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $79.81.

Hedge Funds Weigh In On Ventas

Large investors have recently added to or reduced their stakes in the business. GoalVest Advisory LLC purchased a new stake in Ventas in the 4th quarter valued at about $26,000. Cloud Capital Management LLC acquired a new stake in shares of Ventas in the third quarter worth approximately $25,000. Wiser Advisor Group LLC purchased a new stake in Ventas in the third quarter valued at approximately $27,000. True Wealth Design LLC grew its holdings in Ventas by 1,557.7% in the third quarter. True Wealth Design LLC now owns 431 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 405 shares during the period. Finally, Wilmington Savings Fund Society FSB increased its position in Ventas by 65.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 455 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 180 shares during the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

About Ventas

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.