Ventas, Inc. (NYSE:VTR - Get Free Report) CFO Robert F. Probst sold 18,500 shares of Ventas stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $47.11, for a total value of $871,535.00. Following the completion of the sale, the chief financial officer now owns 176,403 shares of the company's stock, valued at $8,310,345.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Ventas Stock Performance
Shares of VTR opened at $47.44 on Thursday. The firm has a market cap of $19.20 billion, a PE ratio of -249.68, a PEG ratio of 2.52 and a beta of 1.25. The stock's fifty day moving average price is $43.53 and its two-hundred day moving average price is $45.25. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.63 and a quick ratio of 0.63. Ventas, Inc. has a 1 year low of $39.33 and a 1 year high of $50.99.
Ventas Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Shareholders of record on Monday, April 1st were paid a $0.45 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.80 annualized dividend and a dividend yield of 3.79%. Ventas's payout ratio is presently -947.37%.
Institutional Trading of Ventas
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Several hedge funds have recently made changes to their positions in VTR. SageView Advisory Group LLC bought a new stake in shares of Ventas during the 1st quarter valued at $6,982,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Ventas by 13.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 726,494 shares of the real estate investment trust's stock valued at $31,632,000 after purchasing an additional 84,495 shares during the period. State Board of Administration of Florida Retirement System raised its stake in shares of Ventas by 6.5% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 506,228 shares of the real estate investment trust's stock valued at $21,945,000 after purchasing an additional 30,844 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in shares of Ventas by 49.5% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 176,513 shares of the real estate investment trust's stock valued at $7,685,000 after purchasing an additional 58,413 shares during the period. Finally, US Bancorp DE raised its stake in shares of Ventas by 18.0% during the 1st quarter. US Bancorp DE now owns 18,086 shares of the real estate investment trust's stock valued at $787,000 after purchasing an additional 2,760 shares during the period. 94.18% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on VTR shares. Wells Fargo & Company reissued an "equal weight" rating and issued a $46.00 price objective (down previously from $52.00) on shares of Ventas in a research note on Monday, February 26th. Deutsche Bank Aktiengesellschaft started coverage on Ventas in a research note on Tuesday, January 30th. They issued a "buy" rating and a $60.00 price objective for the company. Bank of America raised Ventas from a "neutral" rating to a "buy" rating and raised their price objective for the company from $48.00 to $53.00 in a research note on Tuesday, January 16th. Evercore ISI raised Ventas from an "in-line" rating to an "outperform" rating and set a $50.00 target price on the stock in a research report on Monday, March 18th. Finally, StockNews.com cut Ventas from a "hold" rating to a "sell" rating in a research report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $51.25.
Read Our Latest Stock Analysis on VTR
About Ventas
(
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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.
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