BMO Capital Markets Reiterates “Sell” Rating for Ventas, Inc. (VTR)

BMO Capital Markets reiterated their sell rating on shares of Ventas, Inc. (NYSE:VTR) in a research report released on Wednesday, October 18th. BMO Capital Markets currently has a $62.00 price target on the real estate investment trust’s stock.

VTR has been the topic of a number of other research reports. Bank of America Corporation lowered Ventas from a buy rating to a neutral rating and lowered their price objective for the stock from $72.00 to $71.00 in a research note on Friday, September 22nd. BidaskClub raised Ventas from a buy rating to a strong-buy rating in a research note on Wednesday, June 28th. Capital One Financial Corporation started coverage on Ventas in a research note on Monday, September 25th. They set an equal weight rating and a $69.00 price objective on the stock. Jefferies Group LLC reaffirmed a hold rating and issued a $66.00 price target on shares of Ventas in a research note on Tuesday, August 29th. Finally, Mitsubishi UFJ Financial Group started coverage on Ventas in a research note on Wednesday, June 21st. They issued a hold rating and a $67.00 price target on the stock. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of Hold and an average target price of $63.90.

Ventas (VTR) opened at 61.10 on Wednesday. The company has a market capitalization of $21.76 billion, a price-to-earnings ratio of 30.95 and a beta of 0.08. The stock has a 50 day moving average of $65.39 and a 200-day moving average of $66.57. Ventas has a 52-week low of $56.20 and a 52-week high of $72.36.

Ventas (NYSE:VTR) last released its quarterly earnings data on Friday, July 28th. The real estate investment trust reported $1.06 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.61. The company had revenue of $895.49 million for the quarter, compared to analyst estimates of $890.01 million. Ventas had a return on equity of 6.31% and a net margin of 20.08%. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 earnings per share. On average, equities research analysts anticipate that Ventas will post $1.86 earnings per share for the current fiscal year.

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The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Tuesday, September 12th were issued a $0.775 dividend. The ex-dividend date was Monday, September 11th. This represents a $3.10 annualized dividend and a dividend yield of 5.07%. Ventas’s dividend payout ratio is presently 157.36%.

Several hedge funds have recently bought and sold shares of the stock. Financial Architects Inc raised its holdings in shares of Ventas by 0.3% in the 2nd quarter. Financial Architects Inc now owns 3,604 shares of the real estate investment trust’s stock valued at $251,000 after buying an additional 12 shares during the period. Wagner Bowman Management Corp increased its holdings in Ventas by 0.8% during the 2nd quarter. Wagner Bowman Management Corp now owns 3,128 shares of the real estate investment trust’s stock worth $217,000 after purchasing an additional 26 shares during the period. CAPROCK Group Inc. increased its holdings in Ventas by 0.3% during the 2nd quarter. CAPROCK Group Inc. now owns 9,205 shares of the real estate investment trust’s stock worth $640,000 after purchasing an additional 27 shares during the period. Cribstone Capital Management LLC increased its holdings in Ventas by 1.5% during the 2nd quarter. Cribstone Capital Management LLC now owns 1,922 shares of the real estate investment trust’s stock worth $134,000 after purchasing an additional 28 shares during the period. Finally, Good Life Advisors LLC increased its holdings in Ventas by 0.8% during the 2nd quarter. Good Life Advisors LLC now owns 4,023 shares of the real estate investment trust’s stock worth $271,000 after purchasing an additional 31 shares during the period. Hedge funds and other institutional investors own 89.13% of the company’s stock.

About Ventas

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.

Analyst Recommendations for Ventas (NYSE:VTR)

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