Ventas, Inc. (VTR) Receives $55.46 Consensus Price Target from Analysts

Shares of Ventas, Inc. (NYSE:VTR) have received an average rating of “Hold” from the eighteen research firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $55.46.

Several equities analysts have recently commented on VTR shares. TheStreet lowered shares of Ventas from a “b” rating to a “c+” rating in a report on Friday, October 26th. JPMorgan Chase & Co. started coverage on shares of Ventas in a report on Tuesday, October 30th. They issued a “neutral” rating and a $60.00 price objective on the stock. Stifel Nicolaus set a $55.00 price objective on shares of Ventas and gave the stock a “hold” rating in a report on Monday, October 29th. ValuEngine upgraded shares of Ventas from a “hold” rating to a “buy” rating in a report on Friday, November 16th. Finally, Royal Bank of Canada lowered shares of Ventas from an “outperform” rating to a “sector perform” rating and set a $59.00 price objective on the stock. in a report on Friday, November 2nd.

In related news, EVP T Richard Riney sold 15,288 shares of the company’s stock in a transaction that occurred on Tuesday, November 20th. The shares were sold at an average price of $62.50, for a total transaction of $955,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.40% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Alps Advisors Inc. increased its position in shares of Ventas by 1,618.2% in the 2nd quarter. Alps Advisors Inc. now owns 437,048 shares of the real estate investment trust’s stock valued at $24,890,000 after purchasing an additional 411,612 shares during the last quarter. Vident Investment Advisory LLC increased its position in shares of Ventas by 140.9% in the 2nd quarter. Vident Investment Advisory LLC now owns 22,742 shares of the real estate investment trust’s stock valued at $1,295,000 after purchasing an additional 13,301 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Ventas by 43.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 454,991 shares of the real estate investment trust’s stock valued at $25,970,000 after purchasing an additional 137,926 shares during the last quarter. Toronto Dominion Bank increased its position in shares of Ventas by 19.2% in the 2nd quarter. Toronto Dominion Bank now owns 229,043 shares of the real estate investment trust’s stock valued at $13,041,000 after purchasing an additional 36,961 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in shares of Ventas by 1.0% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 135,214 shares of the real estate investment trust’s stock valued at $7,700,000 after purchasing an additional 1,351 shares during the last quarter. 85.30% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:VTR traded down $0.43 on Friday, hitting $63.16. The stock had a trading volume of 3,561,677 shares, compared to its average volume of 1,768,767. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.56 and a quick ratio of 0.56. The firm has a market capitalization of $22.63 billion, a price-to-earnings ratio of 15.18, a PEG ratio of 4.71 and a beta of 0.06. Ventas has a 1-year low of $46.55 and a 1-year high of $64.96.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, October 26th. The real estate investment trust reported $0.99 EPS for the quarter, topping the consensus estimate of $0.97 by $0.02. Ventas had a net margin of 19.90% and a return on equity of 4.56%. The firm had revenue of $936.54 million for the quarter, compared to analyst estimates of $920.19 million. During the same period in the prior year, the business posted $1.71 EPS. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year. As a group, equities analysts anticipate that Ventas will post 4.06 earnings per share for the current fiscal year.

About Ventas

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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Analyst Recommendations for Ventas (NYSE:VTR)

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