Ventas (NYSE:VTR) Downgraded by TheStreet
TheStreet cut shares of Ventas (NYSE:VTR) from a b- rating to a c+ rating in a report issued on Friday morning, TheStreetRatingsTable reports.
Other equities research analysts also recently issued reports about the company. Citigroup downgraded Ventas from a buy rating to a neutral rating and cut their price target for the company from $76.00 to $67.00 in a research note on Monday, October 28th. Stifel Nicolaus downgraded Ventas from a buy rating to a hold rating and cut their price objective for the company from $74.00 to $66.00 in a research note on Wednesday, October 30th. ValuEngine downgraded Ventas from a buy rating to a hold rating in a research note on Thursday, August 1st. Barclays began coverage on Ventas in a research note on Tuesday, September 3rd. They set an equal weight rating and a $74.00 price objective for the company. Finally, BMO Capital Markets cut their price objective on Ventas to $63.00 and set a market perform rating for the company in a research note on Friday, November 8th. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $66.61.
Shares of Ventas stock traded up $0.48 during trading hours on Friday, reaching $58.83. 1,175,486 shares of the stock traded hands, compared to its average volume of 2,771,645. The company has a 50 day moving average price of $67.55 and a 200 day moving average price of $68.35. The firm has a market capitalization of $21.73 billion, a price-to-earnings ratio of 14.45, a P/E/G ratio of 5.02 and a beta of 0.17. Ventas has a one year low of $56.52 and a one year high of $75.40. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.11.
Large investors have recently made changes to their positions in the stock. Citizens Financial Group Inc RI boosted its stake in Ventas by 230.5% in the 3rd quarter. Citizens Financial Group Inc RI now owns 347 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 242 shares during the period. Kavar Capital Partners LLC bought a new position in Ventas in the 2nd quarter worth approximately $27,000. HM Payson & Co. bought a new position in Ventas in the 2nd quarter worth approximately $29,000. Gradient Investments LLC boosted its stake in Ventas by 1,007.7% in the 2nd quarter. Gradient Investments LLC now owns 432 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 393 shares during the period. Finally, Optimum Investment Advisors boosted its stake in Ventas by 77.1% in the 3rd quarter. Optimum Investment Advisors now owns 496 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 216 shares during the period. Institutional investors own 88.22% of the company’s stock.
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, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.
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