Shares of Ventas, Inc. (NYSE:VTR) have been given a consensus recommendation of “Hold” by the fourteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $63.75.
VTR has been the subject of several research analyst reports. SunTrust Banks, Inc. set a $67.00 target price on shares of Ventas and gave the company a “hold” rating in a research note on Sunday, October 29th. BMO Capital Markets set a $62.00 target price on shares of Ventas and gave the company a “sell” rating in a research note on Friday, October 27th. UBS AG cut their target price on shares of Ventas from $69.00 to $66.00 and set a “neutral” rating for the company in a research note on Monday, October 2nd. Jefferies Group LLC reaffirmed a “hold” rating and set a $66.00 target price on shares of Ventas in a research note on Tuesday, August 29th. Finally, Capital One Financial Corporation initiated coverage on shares of Ventas in a research note on Monday, September 25th. They set an “equal weight” rating and a $69.00 target price for the company.
Shares of Ventas (VTR) opened at $64.40 on Monday. The company has a market cap of $22,936.95, a price-to-earnings ratio of 15.44, a PEG ratio of 4.15 and a beta of 0.08. Ventas has a 52-week low of $57.97 and a 52-week high of $72.36. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.46 and a current ratio of 1.46.
Ventas (NYSE:VTR) last announced its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.44 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.04 by ($0.60). The firm had revenue of $899.90 million for the quarter, compared to the consensus estimate of $893.18 million. Ventas had a net margin of 32.96% and a return on equity of 6.34%. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 earnings per share. analysts anticipate that Ventas will post 4.16 earnings per share for the current fiscal year.
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Several large investors have recently modified their holdings of the business. Garde Capital Inc. purchased a new position in shares of Ventas in the 3rd quarter worth $530,000. Davis Selected Advisers grew its stake in shares of Ventas by 52.9% in the 3rd quarter. Davis Selected Advisers now owns 138,212 shares of the real estate investment trust’s stock worth $9,002,000 after buying an additional 47,790 shares in the last quarter. Belpointe Asset Management LLC purchased a new position in shares of Ventas in the 3rd quarter worth $699,000. IFM Investors Pty Ltd purchased a new position in shares of Ventas in the 3rd quarter worth $647,000. Finally, Green Square Capital LLC purchased a new position in shares of Ventas in the 3rd quarter worth $238,000. 89.84% of the stock is owned by institutional investors and hedge funds.
Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.
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