Ventas (NYSE:VTR) CEO Peter Bulgarelli Sells 2,040 Shares

Ventas, Inc. (NYSE:VTR) CEO Peter Bulgarelli sold 2,040 shares of the firm’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $69.99, for a total transaction of $142,779.60. Following the completion of the sale, the chief executive officer owned 119,042 shares in the company, valued at approximately $8,331,749.58. The trade was a 1.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Ventas Stock Down 1.0%

VTR opened at $69.63 on Friday. Ventas, Inc. has a fifty-two week low of $56.68 and a fifty-two week high of $71.36. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The firm’s fifty day moving average price is $68.16 and its two-hundred day moving average price is $66.37. The company has a market capitalization of $31.64 billion, a P/E ratio of 161.92, a P/E/G ratio of 2.59 and a beta of 0.89.

Ventas (NYSE:VTR) last posted its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.02. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the previous year, the company earned $0.80 earnings per share. The business’s revenue was up 18.3% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th will be paid a dividend of $0.48 per share. The ex-dividend date is Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a yield of 2.8%. Ventas’s payout ratio is currently 446.51%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Cloud Capital Management LLC bought a new position in shares of Ventas in the first quarter valued at about $25,000. Larson Financial Group LLC raised its holdings in shares of Ventas by 1,334.6% in the first quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 347 shares during the last quarter. Rossby Financial LCC bought a new position in shares of Ventas in the first quarter valued at about $34,000. Ameritas Advisory Services LLC bought a new position in shares of Ventas in the second quarter valued at about $33,000. Finally, Golden State Wealth Management LLC raised its holdings in shares of Ventas by 52.7% in the second quarter. Golden State Wealth Management LLC now owns 536 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 185 shares during the last quarter. 94.18% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

VTR has been the topic of a number of recent research reports. Morgan Stanley lifted their price target on shares of Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Friday, August 15th. Argus reiterated a “buy” rating and set a $75.00 price target on shares of Ventas in a research note on Tuesday, August 26th. UBS Group initiated coverage on shares of Ventas in a research note on Friday, September 19th. They set a “neutral” rating and a $73.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on shares of Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 26th. Finally, Cantor Fitzgerald initiated coverage on Ventas in a report on Wednesday. They set an “overweight” rating and a $77.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $75.23.

Ventas Company Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.