Equities research analysts at StockNews.com started coverage on shares of Ventas (NYSE:VTR – Get Rating) in a research report issued to clients and investors on Thursday. The brokerage set a “sell” rating on the real estate investment trust’s stock.
Other equities research analysts also recently issued reports about the stock. Raymond James lifted their target price on shares of Ventas from $46.00 to $55.00 and gave the stock an “outperform” rating in a research report on Monday, January 9th. Morgan Stanley boosted their price target on shares of Ventas from $44.50 to $45.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 23rd. KeyCorp dropped their price target on shares of Ventas from $56.00 to $55.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 1st. Mizuho dropped their price target on shares of Ventas from $61.00 to $60.00 in a research report on Friday, December 2nd. Finally, Royal Bank of Canada dropped their price target on shares of Ventas from $60.00 to $56.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 23rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $56.27.
Ventas Stock Up 0.0 %
NYSE:VTR opened at $46.15 on Thursday. The firm’s 50 day simple moving average is $49.47 and its 200 day simple moving average is $45.55. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.62 and a quick ratio of 0.62. Ventas has a one year low of $35.33 and a one year high of $64.02. The company has a market cap of $18.46 billion, a PE ratio of -384.58, a P/E/G ratio of 4.17 and a beta of 1.19.
Ventas (NYSE:VTR – Get Rating) last posted its earnings results on Thursday, February 9th. The real estate investment trust reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.72 by ($0.83). Ventas had a negative return on equity of 0.45% and a negative net margin of 1.15%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the prior year, the business earned $0.73 earnings per share. The firm’s quarterly revenue was up 2.8% on a year-over-year basis. On average, research analysts anticipate that Ventas will post 2.99 earnings per share for the current year.
Insider Activity
In other Ventas news, CEO Debra A. Cafaro sold 32,932 shares of the business’s stock in a transaction on Thursday, February 2nd. The shares were sold at an average price of $52.74, for a total transaction of $1,736,833.68. Following the completion of the sale, the chief executive officer now owns 863,555 shares in the company, valued at approximately $45,543,890.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.30% of the stock is currently owned by company insiders.
Institutional Trading of Ventas
A number of hedge funds and other institutional investors have recently bought and sold shares of VTR. Fairfield Bush & CO. bought a new stake in Ventas during the 1st quarter valued at $41,000. US Bancorp DE grew its stake in shares of Ventas by 21.1% in the 1st quarter. US Bancorp DE now owns 13,542 shares of the real estate investment trust’s stock worth $837,000 after acquiring an additional 2,356 shares in the last quarter. Panagora Asset Management Inc. grew its stake in shares of Ventas by 90.0% in the 1st quarter. Panagora Asset Management Inc. now owns 20,191 shares of the real estate investment trust’s stock worth $1,247,000 after acquiring an additional 9,563 shares in the last quarter. Raymond James Trust N.A. bought a new stake in shares of Ventas in the 1st quarter worth $271,000. Finally, Vontobel Holding Ltd. grew its stake in shares of Ventas by 6.0% in the 1st quarter. Vontobel Holding Ltd. now owns 14,712 shares of the real estate investment trust’s stock worth $924,000 after acquiring an additional 835 shares in the last quarter. Institutional investors own 91.28% of the company’s stock.
About Ventas
Ventas, Inc engages in the acquisition and ownership of seniors housing and healthcare properties. It operates through the following segments: Triple-Net Leased Properties, Senior Housing Operating Portfolio (SHOP), and Office Operations. The Triple-Net Leased Properties segment invests in and owns senior housing and healthcare properties.