Shares of Ventas, Inc. (NYSE:VTR – Get Rating) have been assigned a consensus rating of “Buy” by the eighteen research firms that currently cover the company, MarketBeat reports. One research analyst rated the stock with a sell rating, six gave the company a hold rating, ten gave the company a buy rating, and one gave the company a strong buy rating. The 1-year average price target among brokers who have covered the stock over the past year is $61.81.
Several research analysts have weighed in on the company recently. Mizuho upgraded Ventas from a “neutral” rating to a “buy” rating and raised its share price target from $45.00 to $61.00 in a Thursday, January 20, report. BMO Capital Markets upgraded Ventas from a “market performer” rating to an “outperformer” rating and raised its price target for the company from $57.00 to $67.00 in a report on Friday. Royal Bank of Canada raised its price target on Ventas from $61.00 to $62.00 and gave the company an “outperform” rating in a Wednesday, March 9 report. Raymond James lowered its price target on Ventas from $67.00 to $60.00 and set a “Strong Buy” rating on the stock in a Monday, January 10 report. Finally, Sumitomo Mitsui Financial Group downgraded Ventas from an “outperforming” rating to a “neutral” rating and set a price target of $55.00 for the stock. in a report on Monday, November 22.
NYSE:VTR opened at $58.50 on Monday. Ventas has a 12-month low of $45.44 and a 12-month high of $61.09. The stock has a 50-day moving average of $52.91 and a two-hundred-day moving average of $53.19. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt ratio of 1.10. The company has a market capitalization of $23.37 billion, a P/E ratio of 417.89, a price-to-earnings growth ratio of 3.38 and a beta of 1.14.
Ventas (NYSE:VTR – Get Rating) last released its results on Thursday, February 17. The real estate investment trust reported ($0.10) earnings per share for the quarter, missing Thomson Reuters’ consensus estimate of ($0.03) by ($0.07). Ventas had a return on equity of 0.46% and a net margin of 1.28%. During the same period last year, the company achieved EPS of $0.83. On average, research analysts expect Ventas to post earnings per share of 2.98 for the current year.
In other Ventas news, CEO Debra A. Cafaro sold 34,800 shares of the company in a trade that took place on Wednesday, March 2. The stock was sold at an average price of $55.97, for a total value of $1,947,756.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.30% of the shares are held by insiders.
Institutional investors have recently been buying and selling shares of the company. UBS Group AG increased its stake in Ventas by 32.7% in the third quarter. UBS Group AG now owns 1,047,567 shares of the real estate investment trust worth $57,836,000 after purchasing an additional 258,377 shares in the last quarter. Nissay Asset Management Corp Japan ADV increased its holdings of Ventas shares by 5.8% during the third quarter. Nissay Asset Management Corp Japan ADV now owns 74,215 shares of the real estate investment trust worth $4,097,000 after buying an additional 4,083 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in Ventas shares by 12.8% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 69,164 shares of the real estate investment trust worth $3,949,000 after buying an additional 7,823 shares last quarter. Bank of America Corp DE increased its equity stake in Ventas by 3.4% in Q2. Bank of America Corp DE now owns 1,530,976 shares of the real estate investment trust valued at $87,420,000 after purchasing an additional 49,901 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in Ventas shares by 350.4% in the third quarter. Principal Financial Group Inc. now owns 13,824,979 shares of the REIT worth $763,277,000 after purchasing an additional 10,755,626 shares during the period. 92.62% of the shares are currently held by institutional investors and hedge funds.
Ventas Company Profile (Get an assessment)
Ventas, Inc engages in the acquisition and ownership of senior housing and healthcare properties. The Company invests in seniors housing and healthcare properties through acquisitions and leases its properties to unaffiliated tenants or operates them through independent third-party managers. It operates through the following segments: Triple-Net Leased Properties, Retirement Home Operations and Office Operations.
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