Wells Fargo & Company Forecasts Strong Price Appreciation for Ventas (NYSE:VTR) Stock

Ventas (NYSE:VTR) had its target price hoisted by analysts at Wells Fargo & Company from $80.00 to $88.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective points to a potential upside of 10.34% from the stock’s current price.

Several other equities analysts have also recently weighed in on the company. Argus reiterated a “buy” rating and issued a $75.00 price target on shares of Ventas in a research report on Tuesday, August 26th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ventas in a report on Wednesday, November 19th. Scotiabank upped their price target on Ventas from $74.00 to $80.00 and gave the company a “sector perform” rating in a research report on Thursday, November 13th. JPMorgan Chase & Co. increased their price target on shares of Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, August 26th. Finally, UBS Group initiated coverage on shares of Ventas in a research note on Friday, September 19th. They set a “neutral” rating and a $73.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $77.93.

Ventas Stock Performance

Shares of VTR traded up $0.95 during trading hours on Tuesday, hitting $79.75. The company’s stock had a trading volume of 1,116,315 shares, compared to its average volume of 3,002,392. The business has a 50 day simple moving average of $71.90 and a two-hundred day simple moving average of $67.87. Ventas has a 52-week low of $56.68 and a 52-week high of $80.50. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market cap of $37.46 billion, a price-to-earnings ratio of 153.43, a PEG ratio of 2.36 and a beta of 0.88.

Ventas (NYSE:VTR) last released its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, topping the consensus estimate of $0.87 by $0.01. Ventas had a net margin of 4.28% and a return on equity of 2.10%. The company had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period last year, the firm earned $0.80 EPS. Ventas’s revenue for the quarter was up 20.5% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. On average, equities analysts expect that Ventas will post 3.4 earnings per share for the current fiscal year.

Insider Activity at Ventas

In related news, CFO Robert F. Probst sold 33,591 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $76.77, for a total value of $2,578,781.07. Following the sale, the chief financial officer directly owned 168,364 shares of the company’s stock, valued at $12,925,304.28. This trade represents a 16.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Debra A. Cafaro sold 41,294 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $79.01, for a total transaction of $3,262,638.94. Following the completion of the transaction, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at approximately $90,521,361.95. This represents a 3.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 698,912 shares of company stock valued at $51,454,499 over the last three months. 0.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Ethic Inc. boosted its holdings in Ventas by 27.9% during the 1st quarter. Ethic Inc. now owns 66,748 shares of the real estate investment trust’s stock valued at $4,624,000 after acquiring an additional 14,568 shares during the period. Nicola Wealth Management LTD. purchased a new position in Ventas in the 1st quarter worth approximately $1,169,000. Cbre Investment Management Listed Real Assets LLC lifted its position in Ventas by 25.7% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 376,973 shares of the real estate investment trust’s stock valued at $25,921,000 after purchasing an additional 77,066 shares during the last quarter. Nordea Investment Management AB boosted its stake in shares of Ventas by 1,042.6% during the second quarter. Nordea Investment Management AB now owns 386,881 shares of the real estate investment trust’s stock valued at $24,064,000 after purchasing an additional 353,022 shares during the period. Finally, Foresight Group Ltd Liability Partnership grew its holdings in shares of Ventas by 537.6% in the first quarter. Foresight Group Ltd Liability Partnership now owns 113,299 shares of the real estate investment trust’s stock worth $7,787,000 after purchasing an additional 95,530 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

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.