Ventas, Inc. (VTR) CAO Sells $249,535.71 in Stock
Ventas, Inc. (NYSE:VTR) CAO Gregory R. Liebbe sold 4,113 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $60.67, for a total value of $249,535.71. Following the completion of the sale, the chief accounting officer now directly owns 14,627 shares in the company, valued at $887,420.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of NYSE:VTR opened at $59.03 on Friday. The firm has a market cap of $21.09 billion, a PE ratio of 14.50, a price-to-earnings-growth ratio of 8.58 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, Inc. has a 1 year low of $46.55 and a 1 year high of $65.70.
Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, February 8th. The real estate investment trust reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.01. The firm had revenue of $923.26 million for the quarter, compared to the consensus estimate of $913.92 million. Ventas had a return on equity of 3.54% and a net margin of 10.93%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.03 earnings per share. On average, research analysts predict that Ventas, Inc. will post 3.81 earnings per share for the current fiscal year.
Several research firms have commented on VTR. Morgan Stanley began coverage on Ventas in a report on Thursday, March 28th. They issued an “equal weight” rating and a $61.00 target price on the stock. BMO Capital Markets boosted their target price on Ventas from $62.00 to $64.00 and gave the stock a “market perform” rating in a report on Monday, March 4th. Deutsche Bank boosted their target price on Ventas from $54.00 to $57.00 and gave the stock a “hold” rating in a report on Friday, March 29th. ValuEngine downgraded Ventas from a “buy” rating to a “hold” rating in a report on Tuesday, April 16th. Finally, Zacks Investment Research downgraded Ventas from a “hold” rating to a “sell” rating in a report on Monday, December 31st. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $59.33.
Large investors have recently made changes to their positions in the company. Proffitt & Goodson Inc. bought a new position in shares of Ventas during the first quarter valued at $88,000. Kaizen Advisory LLC increased its position in Ventas by 27.6% during the fourth quarter. Kaizen Advisory LLC now owns 1,007 shares of the real estate investment trust’s stock valued at $59,000 after acquiring an additional 218 shares during the last quarter. Aspire Private Capital LLC purchased a new stake in Ventas during the fourth quarter valued at $401,000. Truvestments Capital LLC purchased a new stake in Ventas during the first quarter valued at $115,000. Finally, Foster Victor Wealth Advisors LLC purchased a new stake in Ventas during the fourth quarter valued at $632,000. 88.50% of the stock is currently owned by hedge funds and other institutional investors.
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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