Shares of Ventas, Inc. (NYSE:VTR – Get Free Report) have earned an average recommendation of “Moderate Buy” from the thirteen ratings firms that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $54.31.
Several equities research analysts have recently weighed in on the stock. Wedbush upped their target price on shares of Ventas from $54.00 to $64.00 and gave the stock an “outperform” rating in a report on Monday, August 5th. Evercore ISI boosted their price target on shares of Ventas from $53.00 to $56.00 and gave the stock an “outperform” rating in a report on Tuesday, July 16th. Royal Bank of Canada increased their price objective on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. Finally, Scotiabank lifted their price objective on Ventas from $55.00 to $59.00 and gave the stock a “sector perform” rating in a report on Wednesday.
Check Out Our Latest Report on Ventas
Insider Buying and Selling
Hedge Funds Weigh In On Ventas
A number of large investors have recently modified their holdings of VTR. Evoke Wealth LLC purchased a new stake in shares of Ventas in the fourth quarter worth about $6,947,000. Wellington Management Group LLP grew its position in shares of Ventas by 405.5% in the fourth quarter. Wellington Management Group LLP now owns 171,194 shares of the real estate investment trust’s stock valued at $8,532,000 after purchasing an additional 137,327 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of Ventas by 4,831.0% in the 4th quarter. International Assets Investment Management LLC now owns 231,856 shares of the real estate investment trust’s stock valued at $11,556,000 after buying an additional 227,154 shares in the last quarter. GSA Capital Partners LLP acquired a new position in Ventas during the 1st quarter worth about $1,005,000. Finally, Nomura Holdings Inc. acquired a new stake in shares of Ventas during the fourth quarter worth $3,560,000. 94.18% of the stock is owned by hedge funds and other institutional investors.
Ventas Stock Up 0.6 %
Shares of NYSE VTR opened at $59.37 on Monday. Ventas has a 12-month low of $39.33 and a 12-month high of $59.50. The stock has a market cap of $24.03 billion, a P/E ratio of -312.47, a PEG ratio of 2.53 and a beta of 1.33. The company has a current ratio of 0.58, a quick ratio of 0.63 and a debt-to-equity ratio of 1.36. The business’s fifty day simple moving average is $52.40 and its 200-day simple moving average is $47.51.
Ventas (NYSE:VTR – Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period last year, the business earned $0.75 earnings per share. As a group, equities analysts predict that Ventas will post 3.16 EPS for the current fiscal year.
Ventas Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, July 18th. Shareholders of record on Monday, July 1st were given a dividend of $0.45 per share. The ex-dividend date was Monday, July 1st. This represents a $1.80 annualized dividend and a yield of 3.03%. Ventas’s payout ratio is presently -947.37%.
Ventas Company Profile
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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