Analysts Set Ventas, Inc. (NYSE:VTR) Target Price at $58.67

Ventas, Inc. (NYSE:VTR) has earned a consensus rating of “Moderate Buy” from the ten research firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $58.67.

Several equities research analysts have recently commented on VTR shares. Wedbush boosted their price objective on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Royal Bank of Canada boosted their price objective on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Wolfe Research upgraded Ventas to a “strong-buy” rating in a report on Friday, August 9th. Scotiabank boosted their price objective on Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a report on Wednesday, August 7th. Finally, StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th.

Insiders Place Their Bets

In other Ventas news, CFO Robert F. Probst sold 20,000 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $58.87, for a total value of $1,177,400.00. Following the transaction, the chief financial officer now owns 156,403 shares of the company’s stock, valued at $9,207,444.61. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Ventas news, CFO Robert F. Probst sold 20,000 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $58.87, for a total value of $1,177,400.00. Following the transaction, the chief financial officer now owns 156,403 shares of the company’s stock, valued at $9,207,444.61. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 40,079 shares of the business’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $57.29, for a total value of $2,296,125.91. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $56,529,016.93. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 77,065 shares of company stock valued at $4,526,464. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Ventas by 8.8% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 308,000 shares of the real estate investment trust’s stock valued at $15,788,000 after buying an additional 25,000 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Ventas during the 2nd quarter valued at $1,289,000. Quarry LP lifted its position in shares of Ventas by 407.9% during the 2nd quarter. Quarry LP now owns 2,697 shares of the real estate investment trust’s stock valued at $138,000 after buying an additional 2,166 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Ventas by 135.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,654 shares of the real estate investment trust’s stock valued at $1,674,000 after buying an additional 18,780 shares during the last quarter. Finally, Creative Planning lifted its position in shares of Ventas by 30.3% during the 2nd quarter. Creative Planning now owns 48,205 shares of the real estate investment trust’s stock valued at $2,471,000 after buying an additional 11,219 shares during the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Ventas Trading Up 0.5 %

Shares of VTR stock opened at $64.13 on Tuesday. The company has a market cap of $26.50 billion, a P/E ratio of -337.51, a PEG ratio of 2.82 and a beta of 1.36. The stock has a 50 day simple moving average of $60.22 and a two-hundred day simple moving average of $51.93. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.58 and a current ratio of 0.58. Ventas has a fifty-two week low of $39.33 and a fifty-two week high of $65.64.

Ventas (NYSE:VTR) last issued its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.75 earnings per share. Research analysts forecast that Ventas will post 3.18 earnings per share for the current year.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st will be given a $0.45 dividend. The ex-dividend date is Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.81%. Ventas’s dividend payout ratio is currently -947.32%.

Ventas Company Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.