Ventas, Inc. (NYSE:VTR) Receives $98.00 Consensus Target Price from Analysts

Ventas, Inc. (NYSE:VTR) has been given a consensus recommendation of “Moderate Buy” by the seventeen brokerages that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $98.00.

Several analysts recently commented on the company. BMO Capital Markets boosted their price target on Ventas from $105.00 to $107.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $110.00 target price on shares of Ventas in a research note on Tuesday, May 19th. Royal Bank Of Canada upped their target price on shares of Ventas from $98.00 to $99.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $100.00 target price on shares of Ventas in a research report on Tuesday, June 16th. Finally, Scotiabank decreased their price target on shares of Ventas from $95.00 to $88.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th.

Insider Transactions at Ventas

In other Ventas news, Director Michael J. Embler acquired 2,500 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was bought at an average price of $78.81 per share, for a total transaction of $197,025.00. Following the acquisition, the director owned 19,202 shares in the company, valued at approximately $1,513,309.62. The trade was a 14.97% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Angeles Wealth Management LLC lifted its position in Ventas by 3.3% during the second quarter. Angeles Wealth Management LLC now owns 3,439 shares of the real estate investment trust’s stock worth $307,000 after buying an additional 110 shares in the last quarter. IHT Wealth Management LLC grew its holdings in Ventas by 3.2% in the 4th quarter. IHT Wealth Management LLC now owns 4,415 shares of the real estate investment trust’s stock valued at $343,000 after buying an additional 137 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in Ventas by 1.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 12,894 shares of the real estate investment trust’s stock valued at $1,054,000 after buying an additional 148 shares in the last quarter. Parallel Advisors LLC grew its holdings in Ventas by 4.6% in the 3rd quarter. Parallel Advisors LLC now owns 3,970 shares of the real estate investment trust’s stock valued at $278,000 after buying an additional 175 shares in the last quarter. Finally, Manchester Capital Management LLC increased its stake in shares of Ventas by 60.5% in the 4th quarter. Manchester Capital Management LLC now owns 491 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 185 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Stock Down 0.6%

VTR stock opened at $92.89 on Tuesday. Ventas has a 52 week low of $66.38 and a 52 week high of $101.60. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.86. The firm has a 50-day simple moving average of $92.22 and a 200-day simple moving average of $87.54. The stock has a market capitalization of $47.65 billion, a P/E ratio of 172.02, a P/E/G ratio of 2.15 and a beta of 0.69.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.01. Ventas had a net margin of 4.08% and a return on equity of 1.99%. The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same period last year, the company posted $0.87 EPS. Ventas’s quarterly revenue was up 21.7% compared to the same quarter last year. Equities analysts forecast that Ventas will post 3.89 earnings per share for the current fiscal year.

Ventas Company Profile

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.