Brokerages Set Ventas, Inc. (NYSE:VTR) Target Price at $80.65

Ventas, Inc. (NYSE:VTR) has been given a consensus recommendation of “Moderate Buy” by the seventeen brokerages that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and fourteen have given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $81.6250.

Several analysts recently commented on VTR shares. Wells Fargo & Company upped their target price on Ventas from $80.00 to $88.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Citigroup boosted their price target on shares of Ventas from $80.00 to $88.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. KeyCorp upped their price objective on shares of Ventas from $70.00 to $85.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Scotiabank lifted their target price on shares of Ventas from $74.00 to $80.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 13th. Finally, The Goldman Sachs Group assumed coverage on shares of Ventas in a report on Friday, January 9th. They issued a “buy” rating and a $94.00 target price on the stock.

Insider Activity at Ventas

In other Ventas news, CFO Robert F. Probst sold 29,930 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $77.25, for a total value of $2,312,092.50. Following the transaction, the chief financial officer directly owned 138,434 shares of the company’s stock, valued at approximately $10,694,026.50. The trade was a 17.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Debra A. Cafaro sold 10,322 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $77.26, for a total transaction of $797,477.72. Following the sale, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at approximately $88,516,395.70. This trade represents a 0.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 494,005 shares of company stock worth $37,132,767 in the last 90 days. Corporate insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Aberdeen Group plc grew its position in shares of Ventas by 2.5% during the 2nd quarter. Aberdeen Group plc now owns 1,460,098 shares of the real estate investment trust’s stock valued at $90,409,000 after acquiring an additional 35,965 shares during the period. Investment Management Corp of Ontario lifted its stake in Ventas by 1,019.0% in the second quarter. Investment Management Corp of Ontario now owns 133,061 shares of the real estate investment trust’s stock valued at $8,403,000 after purchasing an additional 121,170 shares during the last quarter. Hudson Bay Capital Management LP bought a new position in Ventas during the second quarter valued at $17,568,000. SCS Capital Management LLC bought a new position in Ventas during the second quarter valued at $13,788,000. Finally, Nordea Investment Management AB increased its position in Ventas by 1,042.6% in the second quarter. Nordea Investment Management AB now owns 386,881 shares of the real estate investment trust’s stock worth $24,064,000 after buying an additional 353,022 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Trading Up 1.9%

Shares of NYSE VTR opened at $78.40 on Monday. The firm has a 50 day moving average price of $78.44 and a two-hundred day moving average price of $71.91. The stock has a market cap of $36.82 billion, a P/E ratio of 150.76, a price-to-earnings-growth ratio of 1.94 and a beta of 0.78. Ventas has a 52-week low of $58.22 and a 52-week high of $81.89. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.32 and a current ratio of 0.32.

Ventas (NYSE:VTR) last released its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.01. The firm had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.44 billion. Ventas had a return on equity of 2.05% and a net margin of 4.28%.The business’s revenue was up 20.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. As a group, equities analysts forecast that Ventas will post 3.4 EPS for the current year.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, December 31st. Ventas’s payout ratio is currently 369.23%.

About Ventas

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.