Ventas, Inc. (NYSE:VTR) – Analysts at Capital One Financial reduced their Q4 2018 earnings per share (EPS) estimates for Ventas in a research report issued to clients and investors on Tuesday, October 30th. Capital One Financial analyst D. Bernstein now forecasts that the real estate investment trust will post earnings of $0.97 per share for the quarter, down from their previous forecast of $0.98. Capital One Financial also issued estimates for Ventas’ Q3 2019 earnings at $1.00 EPS, Q4 2019 earnings at $1.01 EPS and FY2019 earnings at $4.00 EPS.
Ventas (NYSE:VTR) last announced its earnings results on Friday, October 26th. The real estate investment trust reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.02. Ventas had a return on equity of 4.56% and a net margin of 19.90%. The company had revenue of $936.54 million for the quarter, compared to the consensus estimate of $920.19 million. During the same period last year, the business posted $1.71 EPS. The company’s revenue was up 4.1% on a year-over-year basis.
Shares of VTR stock opened at $58.97 on Wednesday. Ventas has a twelve month low of $46.55 and a twelve month high of $65.72. The company has a market capitalization of $20.24 billion, a price-to-earnings ratio of 14.18, a P/E/G ratio of 3.90 and a beta of 0.13. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 1.00.
Several institutional investors and hedge funds have recently bought and sold shares of VTR. Legacy Advisors LLC increased its position in Ventas by 5,960.6% during the second quarter. Legacy Advisors LLC now owns 2,000 shares of the real estate investment trust’s stock worth $115,000 after buying an additional 1,967 shares in the last quarter. Howe & Rusling Inc. increased its position in Ventas by 591.7% during the second quarter. Howe & Rusling Inc. now owns 2,338 shares of the real estate investment trust’s stock worth $133,000 after buying an additional 2,000 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in Ventas by 354.7% during the second quarter. Steward Partners Investment Advisory LLC now owns 3,001 shares of the real estate investment trust’s stock worth $171,000 after buying an additional 2,341 shares in the last quarter. Signaturefd LLC increased its position in Ventas by 83.9% during the second quarter. Signaturefd LLC now owns 3,043 shares of the real estate investment trust’s stock worth $173,000 after buying an additional 1,388 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Ventas during the second quarter worth $188,000. 84.40% of the stock is owned by institutional investors and hedge funds.
In other news, EVP T Richard Riney sold 13,708 shares of the firm’s stock in a transaction that occurred on Friday, August 31st. The stock was sold at an average price of $60.00, for a total value of $822,480.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.40% of the stock is owned by company insiders.
The firm also recently declared a quarterly dividend, which was paid on Friday, October 12th. Stockholders of record on Monday, October 1st were issued a $0.79 dividend. The ex-dividend date was Friday, September 28th. This represents a $3.16 annualized dividend and a dividend yield of 5.36%. Ventas’s dividend payout ratio is currently 75.96%.
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, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.
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