Ventas (NYSE:VTR) shares hit a new 52-week high and low during mid-day trading on Thursday . The company traded as low as $47.71 and last traded at $47.63, with a volume of 859608 shares changing hands. The stock had previously closed at $48.61.

A number of research analysts have issued reports on the company. SunTrust Banks set a $55.00 price objective on Ventas and gave the company a “hold” rating in a report on Friday, February 9th. Mizuho set a $53.00 price objective on Ventas and gave the company a “hold” rating in a report on Friday, February 9th. ValuEngine cut Ventas from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Jefferies Group reissued a “hold” rating and set a $54.00 price objective on shares of Ventas in a report on Tuesday, February 13th. Finally, Zacks Investment Research raised Ventas from a “sell” rating to a “hold” rating in a report on Monday, April 16th. Five analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $57.38.

The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.03. The firm has a market cap of $17,314.20, a PE ratio of 11.30, a PEG ratio of 3.17 and a beta of 0.09.

Ventas (NYSE:VTR) last released its quarterly earnings results on Friday, February 9th. The real estate investment trust reported $1.03 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.03. Ventas had a return on equity of 5.99% and a net margin of 37.95%. The business had revenue of $895.30 million during the quarter, compared to analysts’ expectations of $895.92 million. During the same period in the previous year, the business posted $0.58 earnings per share. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. equities analysts predict that Ventas will post 4.01 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 12th. Investors of record on Monday, April 2nd were given a $0.79 dividend. The ex-dividend date was Thursday, March 29th. This represents a $3.16 dividend on an annualized basis and a yield of 6.72%. Ventas’s payout ratio is 75.96%.

A number of hedge funds have recently made changes to their positions in the stock. Strategic Financial Services Inc increased its position in Ventas by 2.3% in the fourth quarter. Strategic Financial Services Inc now owns 47,260 shares of the real estate investment trust’s stock worth $2,836,000 after purchasing an additional 1,055 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in Ventas by 2.8% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 39,020 shares of the real estate investment trust’s stock worth $2,342,000 after purchasing an additional 1,072 shares during the period. BB&T Investment Services Inc. increased its position in Ventas by 15.2% in the fourth quarter. BB&T Investment Services Inc. now owns 8,140 shares of the real estate investment trust’s stock worth $508,000 after purchasing an additional 1,077 shares during the period. CENTRAL TRUST Co increased its position in Ventas by 85.7% in the fourth quarter. CENTRAL TRUST Co now owns 2,357 shares of the real estate investment trust’s stock worth $141,000 after purchasing an additional 1,088 shares during the period. Finally, Lazard Asset Management LLC increased its position in Ventas by 25.1% in the fourth quarter. Lazard Asset Management LLC now owns 5,490 shares of the real estate investment trust’s stock worth $329,000 after purchasing an additional 1,100 shares during the period. Hedge funds and other institutional investors own 88.81% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Ventas (VTR) Sets New 1-Year High and Low at $47.71” was first posted by Watch List News and is the property of of Watch List News. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. & international copyright and trademark laws. The legal version of this news story can be read at https://www.watchlistnews.com/ventas-vtr-sets-new-1-year-high-and-low-at-47-71/2044479.html.

About Ventas

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of more than 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.

Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.