Ventas (VTR) Hits New 1-Year Low at $56.24

Ventas, Inc. (NYSE:VTR) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $56.24 and last traded at $56.84, with a volume of 2219800 shares. The stock had previously closed at $57.69.

Several equities research analysts recently issued reports on VTR shares. KeyCorp reissued a “sell” rating and issued a $55.00 target price on shares of Ventas in a report on Sunday, September 17th. Capital One Financial raised shares of Ventas from an “equal weight” rating to an “overweight” rating in a report on Monday, October 30th. UBS Group lowered shares of Ventas from a “market perform” rating to an “underperform” rating in a report on Monday, December 4th. Zacks Investment Research lowered shares of Ventas from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Finally, BMO Capital Markets set a $62.00 target price on shares of Ventas and gave the stock a “sell” rating in a report on Friday, October 27th. Eight analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $63.89.

The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.46 and a current ratio of 1.46. The firm has a market capitalization of $19,530.00, a price-to-earnings ratio of 32.64, a PEG ratio of 3.69 and a beta of 0.09.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.60). Ventas had a net margin of 32.96% and a return on equity of 6.34%. The company had revenue of $899.90 million for the quarter, compared to analysts’ expectations of $893.18 million. During the same period last year, the business earned $1.03 earnings per share. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. research analysts predict that Ventas, Inc. will post 4.16 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Tuesday, January 2nd were issued a dividend of $0.79 per share. This is a positive change from Ventas’s previous quarterly dividend of $0.78. This represents a $3.16 dividend on an annualized basis and a yield of 5.76%. The ex-dividend date was Friday, December 29th. Ventas’s dividend payout ratio (DPR) is 188.10%.

Institutional investors and hedge funds have recently made changes to their positions in the business. Amica Retiree Medical Trust purchased a new stake in Ventas during the 3rd quarter valued at approximately $131,000. Cable Hill Partners LLC purchased a new stake in Ventas during the 3rd quarter valued at approximately $174,000. Carnick & Kubik Group LLC purchased a new stake in Ventas during the 3rd quarter valued at approximately $204,000. Vident Investment Advisory LLC purchased a new stake in Ventas during the 3rd quarter valued at approximately $206,000. Finally, AlphaStar Capital Management LLC purchased a new stake in Ventas during the 3rd quarter valued at approximately $209,000. 90.01% of the stock is owned by institutional investors and hedge funds.

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About Ventas

Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.

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