Ventas, Inc. (NYSE:VTR) Receives Consensus Rating of “Buy” from Brokerages

Shares of Ventas, Inc. (NYSE:VTR) have been assigned a consensus recommendation of “Buy” from the nine analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on 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.

Several equities analysts have issued reports on the stock. Wolfe Research raised shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Wedbush raised their price objective on shares of Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a research report on Tuesday, September 10th. Scotiabank boosted their target price on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. Evercore ISI raised their price target on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Finally, Royal Bank of Canada upped their price objective on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, August 9th.

Insider Activity

In other Ventas news, CEO Debra A. Cafaro sold 6,827 shares of Ventas stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $63.20, for a total transaction of $431,466.40. Following the completion of the transaction, the chief executive officer now owns 986,717 shares in the company, valued at approximately $62,360,514.40. The trade was a 0.69 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total transaction of $389,940.00. Following the completion of the sale, the chief executive officer now owns 90,795 shares in the company, valued at $5,900,767.05. This represents a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 140,454 shares of company stock worth $9,263,815 over the last 90 days. 1.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Ventas

Several institutional investors and hedge funds have recently made changes to their positions in VTR. State Street Corp raised its stake in Ventas by 2.2% in the 3rd quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock valued at $1,710,426,000 after purchasing an additional 581,870 shares during the last quarter. FMR LLC lifted its stake in shares of Ventas by 4.4% during the third 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 during the period. Geode Capital Management LLC boosted its position in Ventas by 2.4% during the third quarter. Geode Capital Management LLC now owns 10,411,293 shares of the real estate investment trust’s stock worth $665,559,000 after acquiring an additional 245,922 shares during the last quarter. Centersquare Investment Management LLC grew its stake in Ventas by 11.5% in the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock worth $345,667,000 after acquiring an additional 802,546 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in Ventas by 1.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust’s stock valued at $304,047,000 after acquiring an additional 96,482 shares during the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Ventas Stock Up 0.6 %

VTR opened at $64.25 on Wednesday. The business has a 50 day moving average price of $64.18 and a two-hundred day moving average price of $57.21. Ventas has a 52 week low of $41.45 and a 52 week high of $67.61. The company has a market cap of $26.95 billion, a PE ratio of -377.92, a P/E/G ratio of 2.94 and a beta of 1.36. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s dividend payout ratio (DPR) is -1,058.76%.

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.