Analysts Set Ventas, Inc. (NYSE:VTR) PT at $65.67

Shares of Ventas, Inc. (NYSE:VTR) have received a consensus rating of “Moderate Buy” from the ten research firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $65.67.

Several equities research analysts recently commented on the stock. Scotiabank lifted their target price on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. Wedbush restated an “outperform” rating and issued a $75.00 price target on shares of Ventas in a research report on Thursday, December 19th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research note on Saturday, December 21st. Mizuho lowered their target price on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Finally, Evercore ISI upped their price target on shares of Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th.

Insider Buying and Selling

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total value of $8,022,980.16. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $65,291,063.89. This represents a 10.94 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ventas

A number of hedge funds have recently modified their holdings of VTR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Ventas by 862.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust’s stock worth $252,160,000 after purchasing an additional 3,523,594 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Ventas by 105.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock worth $347,605,000 after buying an additional 2,778,408 shares in the last quarter. ANTIPODES PARTNERS Ltd bought a new position in shares of Ventas in the 2nd quarter worth $73,517,000. FMR LLC raised its position in shares of Ventas by 4.4% during the 3rd quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after buying an additional 982,795 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Ventas by 2.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock worth $1,767,261,000 after acquiring an additional 599,600 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

Ventas Stock Performance

Shares of VTR stock opened at $58.31 on Thursday. The firm has a market capitalization of $24.46 billion, a price-to-earnings ratio of -342.98, a PEG ratio of 2.78 and a beta of 1.37. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The business’s 50-day moving average price is $62.14 and its 200-day moving average price is $59.89. Ventas has a 12 month low of $41.45 and a 12 month high of $67.61.

Ventas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.45 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.80 annualized dividend and a dividend yield of 3.09%. Ventas’s dividend payout ratio is -1,058.82%.

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.