Ventas (NYSE:VTR) CEO Peter Bulgarelli Sells 870 Shares of Stock

Ventas, Inc. (NYSE:VTR) CEO Peter Bulgarelli sold 870 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $75.28, for a total value of $65,493.60. Following the sale, the chief executive officer owned 111,694 shares of the company’s stock, valued at $8,408,324.32. This trade represents a 0.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Ventas Stock Performance

NYSE:VTR opened at $74.99 on Friday. 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 has a market cap of $35.23 billion, a price-to-earnings ratio of 144.22, a price-to-earnings-growth ratio of 2.36 and a beta of 0.88. The firm’s fifty day moving average price is $69.59 and its 200 day moving average price is $66.98. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $75.61.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.01. Ventas had a net margin of 4.28% and a return on equity of 2.10%. The company had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the prior year, the firm earned $0.80 EPS. Ventas’s quarterly revenue was up 20.5% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. On average, sell-side analysts expect that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Tuesday, September 30th. Ventas’s payout ratio is currently 369.23%.

Institutional Trading of Ventas

Several large investors have recently modified their holdings of VTR. PNC Financial Services Group Inc. raised its position in shares of Ventas by 5.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 62,614 shares of the real estate investment trust’s stock worth $4,382,000 after purchasing an additional 3,450 shares during the last quarter. HighTower Advisors LLC increased its position in Ventas by 0.4% during the third quarter. HighTower Advisors LLC now owns 42,092 shares of the real estate investment trust’s stock worth $2,946,000 after buying an additional 182 shares in the last quarter. Aberdeen Group plc raised its holdings in shares of Ventas by 8.3% in the third quarter. Aberdeen Group plc now owns 1,580,923 shares of the real estate investment trust’s stock worth $109,985,000 after acquiring an additional 120,825 shares during the last quarter. Naviter Wealth LLC lifted its position in shares of Ventas by 6.2% in the third quarter. Naviter Wealth LLC now owns 35,304 shares of the real estate investment trust’s stock valued at $2,488,000 after acquiring an additional 2,066 shares in the last quarter. Finally, Metis Global Partners LLC boosted its stake in shares of Ventas by 28.7% during the third quarter. Metis Global Partners LLC now owns 116,974 shares of the real estate investment trust’s stock valued at $8,187,000 after acquiring an additional 26,080 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. JPMorgan Chase & Co. lifted their price target on Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a research note on Tuesday, August 26th. Scotiabank raised their target price on Ventas from $72.00 to $74.00 and gave the company a “sector perform” rating in a report on Thursday, August 28th. Raymond James Financial restated an “outperform” rating and set a $78.00 target price (up from $74.00) on shares of Ventas in a research report on Friday, August 22nd. Cantor Fitzgerald upped their price target on shares of Ventas from $77.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Finally, Wells Fargo & Company increased their price target on shares of Ventas from $77.00 to $80.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $76.08.

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.