Ventas, Inc. (NYSE:VTR – Get Rating) has an average rating of “Moderate Buy” from the fourteen rating firms covering the stock, reports Marketbeat. One research analyst has rated the stock with a sell rating, three with a hold rating, six with a buy rating and one with a strong buy rating. The average 12-month target price from analysts who updated their coverage of the stock over the past year is $63.00.
A number of brokers have recently commented on VTR. Credit Suisse Group upgraded Ventas from a “neutral” rating to an “outperform” rating in a report Wednesday, May 18, and raised its price target on the company to $63.00 from $53.00. Capital One Financial reported on Ventas in a report on Friday, June 3rd. They issued an “overweight” rating and a price target of $63.00 on the stock. Deutsche Bank Aktiengesellschaft raised its price target on Ventas to $67.00 from $64.00 in a report on Wednesday, April 27. StockNews.com lowered Ventas from a “hold” rating to a “sell” rating in a report Wednesday, June 8th. Finally, in a report on Wednesday, January 1st, Morgan Stanley lowered its
In other Ventas news, CEO Debra A. Cafaro sold 69,602 shares of Ventas in one transaction on Tuesday, March 29th. The stock sold at an average price of $63.40 for a total value of $4,412,766.80. The sale was disclosed in a filing with the Securities & Exchange Commission available at this hyperlink. In addition, CEO Debra A. Cafaro sold 17,400 shares of Ventas in a transaction on Friday, April 1st. The shares sold at an average price of $62.49 for a total value of $1,087,326.00. The disclosure for this sale can be found here. Insiders have sold a total of 104,402 shares of the company’s shares worth $6,481,975 over the past 90 days. 1.30% of the shares are owned by company insiders.
Several hedge funds and other institutional investors have recently added to or reduced their holdings in VTR. Norges Bank acquired a new stake in Ventas stock valued at $193,927,000 during the fourth quarter. BlackRock Inc. increased its stake in Ventas shares by 9.0% in the fourth quarter. BlackRock Inc. now owns 42,415,032 shares of Real Estate Investment Trust valued at $2,168,257,000 after purchasing an additional 3,497,527 shares during the period. JPMorgan Chase & Co. increased its stake in Ventas shares by 16.8% in the first quarter. JPMorgan Chase & Co. now owns 23,208,940 shares of the Real Estate Investment Trust valued at $1,433,382,000 after purchasing an additional 3,334,960 shares during the period. State Street Corp increased its stake in Ventas shares by 10.5% in the first quarter. State Street Corp now owns 29,045,433 shares of Real Estate Investment Trust worth $1,806,565,000 after purchasing an additional 2,769,943 shares during the period. Finally, Principal Financial Group Inc. increased its stake in Ventas shares by 19.1% in the fourth quarter. Principal Financial Group Inc. now owns 16,472,347 shares of Real Estate Investment Trust valued at $842,871,000 after purchasing an additional 2,647,368 shares during the period. 94.02% of the shares are owned by institutional investors.
NYSE VTR shares opened at $48.55 on Wednesday. The company has a gearing ratio of 1.15, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market cap of $19.41 billion, a price-to-earnings ratio of 124.49, a P/E ratio of 2.97 and a beta of 1.16. The company’s 50-day simple moving average is $55.77 and its 200-day simple moving average is $54.71. Ventas has a 52-week low of $45.44 and a 52-week high of $64.02.
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 14th. Investors of record on Friday, July 1 will receive a dividend of $0.45 per share. The ex-dividend date is Thursday June 30th. That equates to an annualized dividend of $1.80 and a dividend yield of 3.71%. Ventas’ dividend payout ratio (DPR) is currently 461.55%.
About ventas (get rating)
Ventas, an S&P 500 company, operates at the intersection of two strong and dynamic industries – healthcare and real estate. As one of the world’s leading Real Estate Investment Trusts (REITs), we harness the power of capital to unlock the value of real estate, partnering with leading care providers, developers, research and medical institutions, innovators and healthcare organizations whose success is powered by the demographic tailwind of an aging population.
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