Ventas, Inc. (NYSE:VTR) EVP T Richard Riney sold 13,708 shares of Ventas stock in a transaction on Friday, August 31st. The stock was sold at an average price of $60.00, for a total transaction of $822,480.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of NYSE VTR opened at $59.25 on Wednesday. Ventas, Inc. has a twelve month low of $46.55 and a twelve month high of $69.92. The firm has a market cap of $21.34 billion, a P/E ratio of 14.24, a PEG ratio of 3.91 and a beta of 0.12. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.97.

Ventas (NYSE:VTR) last announced its earnings results on Friday, July 27th. The real estate investment trust reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.06. Ventas had a net margin of 34.00% and a return on equity of 5.02%. The business had revenue of $942.30 million during the quarter, compared to the consensus estimate of $919.95 million. During the same quarter last year, the firm earned $0.42 earnings per share. Ventas’s quarterly revenue was up 5.2% on a year-over-year basis. research analysts predict that Ventas, Inc. will post 4.05 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the business. Alps Advisors Inc. increased its stake in Ventas by 1,618.2% in the second quarter. Alps Advisors Inc. now owns 437,048 shares of the real estate investment trust’s stock valued at $24,890,000 after purchasing an additional 411,612 shares in the last quarter. Baird Financial Group Inc. increased its stake in Ventas by 10.0% in the first quarter. Baird Financial Group Inc. now owns 113,667 shares of the real estate investment trust’s stock valued at $5,630,000 after purchasing an additional 10,378 shares in the last quarter. Toronto Dominion Bank increased its stake in Ventas by 19.2% in the second quarter. Toronto Dominion Bank now owns 229,043 shares of the real estate investment trust’s stock valued at $13,041,000 after purchasing an additional 36,961 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Ventas by 43.5% in the second quarter. Russell Investments Group Ltd. now owns 454,991 shares of the real estate investment trust’s stock valued at $25,970,000 after purchasing an additional 137,926 shares in the last quarter. Finally, Pettyjohn Wood & White Inc. increased its stake in Ventas by 17.4% in the first quarter. Pettyjohn Wood & White Inc. now owns 50,313 shares of the real estate investment trust’s stock valued at $2,492,000 after purchasing an additional 7,471 shares in the last quarter. 84.46% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have recently commented on VTR. Royal Bank of Canada set a $61.00 price target on shares of Ventas and gave the stock a “buy” rating in a report on Tuesday, July 31st. SunTrust Banks reiterated a “hold” rating and set a $58.00 price target on shares of Ventas in a report on Tuesday, July 31st. Cantor Fitzgerald reiterated a “hold” rating and set a $56.00 price target on shares of Ventas in a report on Friday, July 27th. Jefferies Financial Group reiterated a “$57.33” rating and set a $61.00 price target on shares of Ventas in a report on Wednesday, July 18th. Finally, Bank of America lifted their target price on shares of Ventas from $55.00 to $60.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 10th. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company’s stock. Ventas presently has a consensus rating of “Hold” and an average target price of $57.07.

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, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.

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