Ventas (NYSE:VTR) Upgraded at StockNews.com

Ventas (NYSE:VTR) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other research analysts also recently commented on VTR. Wedbush reaffirmed an “outperform” rating and issued a $75.00 price objective on shares of Ventas in a report on Thursday. Wells Fargo & Company upgraded Ventas from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $61.00 to $71.00 in a research report on Tuesday, October 1st. Mizuho dropped their price objective on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Robert W. Baird lifted their target price on Ventas from $65.00 to $66.00 and gave the company a “neutral” rating in a report on Friday. Finally, Scotiabank raised their price objective on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research report on Friday, October 11th. Three 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $65.67.

Ventas Stock Up 1.8 %

Shares of NYSE VTR opened at $58.76 on Friday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market capitalization of $24.65 billion, a PE ratio of -345.63, a P/E/G ratio of 2.78 and a beta of 1.36. Ventas has a one year low of $41.45 and a one year high of $67.61. The business’s fifty day moving average price is $63.36 and its 200-day moving average price is $59.33.

Insiders Place Their Bets

In other news, CEO Debra A. Cafaro sold 6,004 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $66.11, for a total value of $396,924.44. Following the completion of the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at approximately $65,231,860.87. The trade was a 0.60 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Ventas

Large investors have recently bought and sold shares of the stock. Global X Japan Co. Ltd. purchased a new position in shares of Ventas in the third quarter worth $48,000. Morse Asset Management Inc purchased a new position in shares of Ventas in the third quarter valued at about $64,000. Hanseatic Management Services Inc. purchased a new position in shares of Ventas in the third quarter valued at about $74,000. Tobam bought a new position in shares of Ventas during the third quarter valued at about $79,000. Finally, Brooklyn Investment Group purchased a new stake in shares of Ventas during the third quarter worth about $80,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

About Ventas

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.