Insider Selling: Ventas, Inc. (NYSE:VTR) CEO Sells 375 Shares of Stock

Ventas, Inc. (NYSE:VTR) CEO Peter J. Bulgarelli sold 375 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $60.01, for a total value of $22,503.75. Following the completion of the transaction, the chief executive officer now owns 103,920 shares in the company, valued at approximately $6,236,239.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Ventas Stock Performance

Shares of VTR stock traded down $0.20 on Thursday, hitting $60.97. 307,980 shares of the stock were exchanged, compared to its average volume of 2,280,585. The firm’s 50 day moving average is $54.59 and its two-hundred day moving average is $48.58. Ventas, Inc. has a one year low of $39.33 and a one year high of $61.35. The firm has a market capitalization of $25.19 billion, a PE ratio of -321.93, a P/E/G ratio of 2.66 and a beta of 1.33. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.36.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). Ventas had a negative net margin of 3.33% and a negative return on equity of 1.63%. The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the previous year, the company posted $0.75 earnings per share. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. Sell-side analysts expect that Ventas, Inc. will post 3.16 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ventas

A number of large investors have recently made changes to their positions in VTR. Norges Bank bought a new stake in shares of Ventas during the 4th quarter valued at $231,512,000. Massachusetts Financial Services Co. MA purchased a new position in Ventas during the 2nd quarter valued at about $135,425,000. ANTIPODES PARTNERS Ltd bought a new stake in shares of Ventas during the second quarter valued at about $73,517,000. Waterfront Capital Partners LLC purchased a new stake in shares of Ventas in the fourth quarter worth about $50,967,000. Finally, Centersquare Investment Management LLC boosted its position in shares of Ventas by 11.5% in the first quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock valued at $345,667,000 after acquiring an additional 802,546 shares during the period. 94.18% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Scotiabank lifted their price target on shares of Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 7th. Wells Fargo & Company boosted their target price on shares of Ventas from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 30th. Wedbush lifted their price target on Ventas from $54.00 to $64.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th. Finally, Wolfe Research raised Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Ventas has a consensus rating of “Moderate Buy” and an average target price of $54.92.

About Ventas

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.