Ventas, Inc. (VTR) Given Consensus Rating of “Hold” by Analysts
Ventas, Inc. (NYSE:VTR) has earned an average rating of “Hold” from the thirteen ratings firms that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a sell recommendation and eight have assigned a hold 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 $63.67.
Several brokerages have recently issued reports on VTR. BidaskClub cut shares of Ventas from a “sell” rating to a “strong sell” rating in a report on Wednesday. Mitsubishi UFJ Financial Group began coverage on shares of Ventas in a report on Wednesday, June 21st. They issued a “hold” rating and a $67.00 target price on the stock. Mizuho restated a “neutral” rating on shares of Ventas in a report on Wednesday, June 28th. Finally, Jefferies Group LLC raised their target price on shares of Ventas from $61.00 to $64.00 and gave the stock a “hold” rating in a report on Monday, May 1st.
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Shares of Ventas (NYSE VTR) opened at 64.95 on Friday. Ventas has a 12-month low of $56.20 and a 12-month high of $74.67. The firm’s 50-day moving average is $67.88 and its 200-day moving average is $65.25. The company has a market capitalization of $23.13 billion, a price-to-earnings ratio of 32.90 and a beta of 0.07.
Ventas (NYSE:VTR) last issued its quarterly earnings results on Friday, July 28th. The real estate investment trust reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.61. Ventas had a net margin of 20.08% and a return on equity of 6.31%. The business had revenue of $895.49 million for the quarter, compared to analysts’ expectations of $890.01 million. During the same period last year, the business earned $0.42 earnings per share. The business’s quarterly revenue was up 5.6% on a year-over-year basis. On average, equities analysts predict that Ventas will post $1.84 EPS for the current year.
In related news, Chairman Debra A. Cafaro sold 100,000 shares of Ventas stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $69.12, for a total value of $6,912,000.00. Following the sale, the chairman now owns 819,835 shares in the company, valued at $56,666,995.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.30% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the stock. Gulf International Bank UK Ltd boosted its stake in Ventas by 2.4% in the first quarter. Gulf International Bank UK Ltd now owns 108,716 shares of the real estate investment trust’s stock valued at $7,070,000 after buying an additional 2,500 shares during the period. National Pension Service boosted its stake in Ventas by 10.7% in the first quarter. National Pension Service now owns 305,836 shares of the real estate investment trust’s stock valued at $19,726,000 after buying an additional 29,536 shares during the period. Atria Investments LLC boosted its stake in Ventas by 6.3% in the first quarter. Atria Investments LLC now owns 3,466 shares of the real estate investment trust’s stock valued at $225,000 after buying an additional 205 shares during the period. Integrated Wealth Management boosted its stake in Ventas by 5.1% in the first quarter. Integrated Wealth Management now owns 8,051 shares of the real estate investment trust’s stock valued at $524,000 after buying an additional 388 shares during the period. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its stake in Ventas by 5.2% in the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 24,427 shares of the real estate investment trust’s stock valued at $1,589,000 after buying an additional 1,203 shares during the period. Institutional investors and hedge funds own 88.70% of the company’s stock.
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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