Ventas, Inc. (NYSE:VTR) saw unusually large options trading on Tuesday. Investors purchased 3,948 put options on the stock. This represents an increase of 1,330% compared to the average daily volume of 276 put options.
Shares of NYSE VTR opened at $59.75 on Wednesday. Ventas has a 52 week low of $46.55 and a 52 week high of $65.70. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.04. The company has a market cap of $22.19 billion, a P/E ratio of 14.68, a P/E/G ratio of 8.57 and a beta of 0.32.
Ventas (NYSE:VTR) last issued its quarterly earnings results on Friday, February 8th. The real estate investment trust reported $0.96 EPS for the quarter, beating the consensus estimate of $0.95 by $0.01. Ventas had a return on equity of 3.54% and a net margin of 10.93%. The firm had revenue of $923.26 million during the quarter, compared to analysts’ expectations of $913.92 million. During the same period in the prior year, the firm posted $1.03 earnings per share. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Ventas will post 3.81 EPS for the current year.
In other news, Chairman Debra A. Cafaro sold 68,084 shares of the company’s stock in a transaction dated Wednesday, February 13th. The stock was sold at an average price of $64.09, for a total transaction of $4,363,503.56. Following the completion of the transaction, the chairman now directly owns 805,835 shares of the company’s stock, valued at $51,645,965.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James D. Shelton sold 5,940 shares of the company’s stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $64.79, for a total value of $384,852.60. Following the transaction, the director now directly owns 46,860 shares of the company’s stock, valued at $3,036,059.40. The disclosure for this sale can be found here. Insiders sold 107,464 shares of company stock valued at $6,900,138 over the last 90 days. Corporate insiders own 1.40% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of VTR. Kistler Tiffany Companies LLC raised its stake in Ventas by 20.5% in the first quarter. Kistler Tiffany Companies LLC now owns 1,688 shares of the real estate investment trust’s stock valued at $108,000 after buying an additional 287 shares during the period. Edmp Inc. raised its stake in Ventas by 8.8% in the first quarter. Edmp Inc. now owns 12,042 shares of the real estate investment trust’s stock valued at $768,000 after buying an additional 975 shares during the period. Massey Quick Simon & CO. LLC bought a new stake in Ventas in the first quarter valued at approximately $26,000. Steinberg Global Asset Management raised its stake in Ventas by 5.1% in the first quarter. Steinberg Global Asset Management now owns 74,567 shares of the real estate investment trust’s stock valued at $3,693,000 after buying an additional 3,590 shares during the period. Finally, Flagship Harbor Advisors LLC raised its stake in Ventas by 11.3% in the first quarter. Flagship Harbor Advisors LLC now owns 2,975 shares of the real estate investment trust’s stock valued at $189,000 after buying an additional 301 shares during the period. 88.50% of the stock is owned by hedge funds and other institutional investors.
VTR has been the subject of several recent research reports. Zacks Investment Research cut Ventas from a “hold” rating to a “sell” rating in a research report on Monday, December 31st. KeyCorp set a $55.00 price objective on Ventas and gave the stock a “sell” rating in a research report on Thursday, December 20th. BMO Capital Markets upped their price objective on Ventas from $62.00 to $64.00 and gave the stock a “market perform” rating in a research report on Monday, March 4th. Deutsche Bank upped their price objective on Ventas from $54.00 to $57.00 and gave the stock a “hold” rating in a research report on Friday, March 29th. Finally, ValuEngine cut Ventas from a “buy” rating to a “hold” rating in a research report on Tuesday. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has given a buy rating to the company. Ventas has an average rating of “Hold” and a consensus price target of $59.33.
ILLEGAL ACTIVITY WARNING: This article was reported by Community Financial News and is the property of of Community Financial News. If you are reading this article on another domain, it was copied illegally and republished in violation of United States and international trademark and copyright law. The correct version of this article can be read at https://www.com-unik.info/2019/04/17/ventas-sees-unusually-large-options-volume-vtr.html.
Ventas Company Profile
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.
Read More: How mutual funds make money
Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.