Ventas (NYSE:VTR) Sets New 52-Week High – Here’s What Happened

Ventas, Inc. (NYSE:VTRGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $97.18 and last traded at $97.2480, with a volume of 189802 shares. The stock had previously closed at $96.25.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Barclays began coverage on shares of Ventas in a research note on Tuesday, July 7th. They issued an “equal weight” rating and a $99.00 target price on the stock. Mizuho raised their price target on shares of Ventas from $98.00 to $104.00 and gave the stock an “outperform” rating in a report on Wednesday. The Goldman Sachs Group restated a “buy” rating and issued a $110.00 price objective on shares of Ventas in a research report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $100.00 price objective on shares of Ventas in a research note on Tuesday, June 16th. Finally, Scotiabank dropped their target price on shares of Ventas from $95.00 to $88.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $96.50.

Check Out Our Latest Research Report on VTR

Ventas Stock Performance

The company has a market cap of $47.24 billion, a P/E ratio of 176.69, a P/E/G ratio of 2.10 and a beta of 0.70. The business has a fifty day moving average of $87.75 and a 200 day moving average of $84.59. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.95.

Ventas (NYSE:VTRGet Free Report) last issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01). Ventas had a net margin of 4.25% and a return on equity of 2.09%. The company had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the previous year, the firm posted $0.84 earnings per share. The firm’s revenue for the quarter was up 22.0% compared to the same quarter last year. Ventas has set its FY 2026 guidance at 3.820-3.890 EPS. On average, equities analysts predict that Ventas, Inc. will post 3.88 EPS for the current year.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.52 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.1%. Ventas’s payout ratio is presently 378.18%.

Insider Activity

In related news, Director Michael J. Embler purchased 2,500 shares of Ventas stock in a transaction that occurred on Wednesday, June 3rd. The shares were bought at an average price of $78.81 per share, for a total transaction of $197,025.00. Following the completion of the transaction, the director directly owned 19,202 shares of the company’s stock, valued at $1,513,309.62. This represents a 14.97% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Walter C. Rakowich sold 1,152 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $90.20, for a total transaction of $103,910.40. Following the completion of the transaction, the director directly owned 28,349 shares of the company’s stock, valued at approximately $2,557,079.80. The trade was a 3.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.53% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Capital World Investors purchased a new position in Ventas during the fourth quarter valued at $594,116,000. Norges Bank purchased a new stake in shares of Ventas in the 4th quarter worth about $474,571,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Ventas by 32,509.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,648,776 shares of the real estate investment trust’s stock worth $359,722,000 after buying an additional 4,634,520 shares during the period. Cohen & Steers Inc. increased its stake in shares of Ventas by 228.1% in the 4th quarter. Cohen & Steers Inc. now owns 4,606,355 shares of the real estate investment trust’s stock worth $356,440,000 after acquiring an additional 3,202,323 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in shares of Ventas by 188.7% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,705,591 shares of the real estate investment trust’s stock worth $364,119,000 after acquiring an additional 3,075,450 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Ventas Company Profile

(Get Free Report)

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.

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