EQUITIES ANALYSTS SET PREDICTIONS FOR VENTAS, INC.’S Q4 2018 REVENUE (VTR)

EQUITIES ANALYSTS SET PREDICTIONS FOR VENTAS, INC.’S Q4 2018 REVENUE (VTR)

Ventas, Inc. (NYSE:VTR) – Equities research analysts at Mitsubishi UFJ Financial Group reduced their Q4 2018 earnings per share (EPS) estimates for shares of Ventas in a report issued on Wednesday, November 14th, Zacks Investment Research reports. Mitsubishi UFJ Financial Group analyst K. Ford now anticipates that the real estate investment trust will earn $0.94 per share for the quarter, down from their previous forecast of $0.96. Mitsubishi UFJ Financial Group also issued estimates for Ventas’ Q2 2019 earnings at $0.96 EPS, Q3 2019 earnings at $0.96 EPS, Q4 2019 earnings at $0.96 EPS, FY2019 earnings at $3.83 EPS, Q2 2020 earnings at $0.98 EPS, Q3 2020 earnings at $0.99 EPS and FY2020 earnings at $3.92 EPS.

Several other research firms have also recently weighed in on VTR. ValuEngine raised Ventas from a “hold” rating to a “buy” rating in a report on Friday, November 16th. Royal Bank of Canada lowered Ventas from an “outperform” rating to a “sector perform” rating and set a $59.00 price objective on the stock. in a research report on Friday, November 2nd. Stifel Nicolaus set a $55.00 price objective on Ventas and gave the company a “hold” rating in a research report on Monday, October 29th. JPMorgan Chase & Co. started coverage on Ventas in a research report on Tuesday, October 30th. They set a “neutral” rating and a $60.00 price objective on the stock. Finally, TheStreet lowered Ventas from a “b” rating to a “c+” rating in a research report on Friday, October 26th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $55.46.

Shares of NYSE:VTR traded up $0.05 on Thursday, hitting $65.47. The company’s stock had a trading volume of 3,533,097 shares, compared to its average volume of 1,916,033. Ventas has a 1 year low of $46.55 and a 1 year high of $65.70. The stock has a market cap of $23.32 billion, a P/E ratio of 15.74, a PEG ratio of 4.85 and a beta of 0.06. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 1.00.

Ventas (NYSE:VTR) last released its quarterly earnings results on Friday, October 26th. The real estate investment trust reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.02. Ventas had a return on equity of 4.56% and a net margin of 19.90%. The firm had revenue of $936.54 million for the quarter, compared to analysts’ expectations of $920.19 million. During the same quarter last year, the firm posted $1.71 EPS. The company’s revenue was up 4.1% compared to the same quarter last year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Loudon Investment Management LLC grew its position in shares of Ventas by 1.5% in the 2nd quarter. Loudon Investment Management LLC now owns 60,252 shares of the real estate investment trust’s stock worth $3,431,000 after buying an additional 900 shares during the last quarter. Pettyjohn Wood & White Inc. grew its position in shares of Ventas by 1.9% in the 2nd quarter. Pettyjohn Wood & White Inc. now owns 51,268 shares of the real estate investment trust’s stock worth $2,920,000 after buying an additional 955 shares during the last quarter. Sheaff Brock Investment Advisors LLC grew its position in shares of Ventas by 8.1% in the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 12,797 shares of the real estate investment trust’s stock worth $696,000 after buying an additional 960 shares during the last quarter. United Asset Strategies Inc. grew its position in shares of Ventas by 9.8% in the 2nd quarter. United Asset Strategies Inc. now owns 11,419 shares of the real estate investment trust’s stock worth $650,000 after buying an additional 1,016 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of Ventas by 0.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 136,713 shares of the real estate investment trust’s stock worth $7,786,000 after buying an additional 1,080 shares during the last quarter. Institutional investors and hedge funds own 85.30% of the company’s stock.

In related news, EVP T Richard Riney sold 15,288 shares of the firm’s stock in a transaction that occurred on Tuesday, November 20th. The stock was sold at an average price of $62.50, for a total transaction of $955,500.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.40% of the stock is owned by company insiders.

Ventas Company Profile

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, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.

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