Ventas, Inc. (NYSE:VTR) – Equities research analysts at Jefferies Financial Group reduced their Q4 2018 earnings per share estimates for shares of Ventas in a report issued on Monday, October 29th. Jefferies Financial Group analyst O. Okusanya now expects that the real estate investment trust will earn $0.96 per share for the quarter, down from their previous estimate of $0.98. Jefferies Financial Group currently has a “$57.33” rating and a $61.00 target price on the stock. Jefferies Financial Group also issued estimates for Ventas’ Q1 2019 earnings at $0.93 EPS, Q2 2019 earnings at $0.94 EPS, Q3 2019 earnings at $0.93 EPS, Q4 2019 earnings at $0.93 EPS, FY2019 earnings at $3.73 EPS and FY2020 earnings at $3.77 EPS.
Ventas (NYSE:VTR) last issued its earnings results on Friday, October 26th. The real estate investment trust reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.02. Ventas had a return on equity of 4.56% and a net margin of 19.90%. The company had revenue of $936.54 million for the quarter, compared to analyst estimates of $920.19 million. During the same period in the prior year, the firm earned $1.71 earnings per share. Ventas’s revenue for the quarter was up 4.1% on a year-over-year basis.
Shares of NYSE:VTR opened at $58.04 on Tuesday. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 1.00. Ventas has a twelve month low of $46.55 and a twelve month high of $65.72. The company has a market cap of $20.24 billion, a PE ratio of 13.95, a PEG ratio of 3.90 and a beta of 0.13.
A number of large investors have recently made changes to their positions in VTR. Legacy Advisors LLC grew its stake in Ventas by 5,960.6% in the 2nd quarter. Legacy Advisors LLC now owns 2,000 shares of the real estate investment trust’s stock valued at $115,000 after purchasing an additional 1,967 shares during the period. Howe & Rusling Inc. grew its stake in Ventas by 591.7% in the 2nd quarter. Howe & Rusling Inc. now owns 2,338 shares of the real estate investment trust’s stock valued at $133,000 after purchasing an additional 2,000 shares during the period. Steward Partners Investment Advisory LLC grew its stake in Ventas by 354.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,001 shares of the real estate investment trust’s stock valued at $171,000 after purchasing an additional 2,341 shares during the period. Signaturefd LLC grew its stake in Ventas by 83.9% in the 2nd quarter. Signaturefd LLC now owns 3,043 shares of the real estate investment trust’s stock valued at $173,000 after purchasing an additional 1,388 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Ventas in the 2nd quarter valued at $188,000. Hedge funds and other institutional investors own 84.40% of the company’s stock.
In related news, EVP T Richard Riney sold 13,708 shares of the stock in a transaction on Friday, August 31st. The stock was sold at an average price of $60.00, for a total value of $822,480.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.40% of the company’s stock.
The business also recently declared a quarterly dividend, which was paid on Friday, October 12th. Investors of record on Monday, October 1st were given a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 5.44%. The ex-dividend date of this dividend was Friday, September 28th. Ventas’s payout ratio is currently 75.96%.
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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