Today it was reported that a Director at Ventas (NYSE: VTR), Robert D. Reed, exercised options to buy 5,940 VTR shares at $28.26 a share, for a total transaction value of $167.9K.
This recent transaction increases Robert D. Reed’s holding in the company by 16.86% to a total of $2.38 million.
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Based on Ventas’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $942 million and quarterly net profit of $131 million. In comparison, last year the company earned revenue of $895 million and had a net profit of $151 million. VTR’s market cap is $20.62B and the company has a P/E ratio of 38.30. Currently, Ventas has an average volume of 1.6M.
Based on 6 analyst ratings, the analyst consensus is Hold with an average price target of $58.33, reflecting a -0.1% downside.
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Ventas, Inc. engages in the acquisition and ownership of seniors housing and healthcare properties. The company invests in seniors housing and healthcare properties through acquisitions and leases its properties to unaffiliated tenants or operate them through independent third-party managers.
