Ventas, Inc. (NYSE:VTR) Receives $63.63 Average Target Price from Analysts

Ventas, Inc. (NYSE:VTR) has been assigned an average rating of “Buy” from the nine ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $63.63.

A number of brokerages recently weighed in on VTR. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Scotiabank lifted their price objective on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research note on Friday, October 11th. Royal Bank of Canada lifted their price objective on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Finally, Evercore ISI boosted their price target on shares of Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th.

Ventas Price Performance

Shares of NYSE VTR opened at $63.60 on Wednesday. Ventas has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The firm’s 50-day simple moving average is $64.19 and its 200 day simple moving average is $56.65. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. The stock has a market cap of $26.67 billion, a P/E ratio of -372.63, a P/E/G ratio of 2.98 and a beta of 1.36.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.83%. Ventas’s payout ratio is presently -1,058.76%.

Insiders Place Their Bets

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the business’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the sale, the chief executive officer now owns 986,717 shares in the company, valued at approximately $65,291,063.89. The trade was a 10.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total value of $389,940.00. Following the sale, the chief executive officer now owns 90,795 shares in the company, valued at approximately $5,900,767.05. The trade was a 6.20 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 140,454 shares of company stock worth $9,263,815. Company insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Ventas

Several institutional investors and hedge funds have recently bought and sold shares of the business. Prestige Wealth Management Group LLC grew its stake in Ventas by 1,308.7% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 5,508 shares of the real estate investment trust’s stock valued at $353,000 after acquiring an additional 5,117 shares in the last quarter. Groupama Asset Managment grew its stake in shares of Ventas by 2,210.7% in the 3rd quarter. Groupama Asset Managment now owns 550,000 shares of the real estate investment trust’s stock valued at $35,272,000 after buying an additional 526,198 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its stake in shares of Ventas by 3.3% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 639,564 shares of the real estate investment trust’s stock valued at $41,015,000 after buying an additional 20,253 shares in the last quarter. MML Investors Services LLC grew its stake in shares of Ventas by 15.6% in the 3rd quarter. MML Investors Services LLC now owns 19,976 shares of the real estate investment trust’s stock valued at $1,281,000 after buying an additional 2,690 shares in the last quarter. Finally, XTX Topco Ltd grew its stake in shares of Ventas by 431.9% in the 3rd quarter. XTX Topco Ltd now owns 35,091 shares of the real estate investment trust’s stock valued at $2,250,000 after buying an additional 28,494 shares in the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

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.