Ventas (NYSE:VTR) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Friday.
Other equities research analysts also recently issued research reports about the stock. Capital One Financial initiated coverage on shares of Ventas in a report on Monday, September 25th. They issued an “equal weight” rating and a $69.00 price objective for the company. Zacks Investment Research raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, November 22nd. SunTrust Banks set a $67.00 price target on shares of Ventas and gave the company a “hold” rating in a report on Sunday, October 29th. Bank of America downgraded shares of Ventas from a “buy” rating to a “neutral” rating and cut their price target for the company from $72.00 to $71.00 in a report on Friday, September 22nd. Finally, UBS Group cut their price target on shares of Ventas from $69.00 to $66.00 and set a “neutral” rating for the company in a report on Monday, October 2nd. Eight investment analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. Ventas presently has an average rating of “Hold” and a consensus target price of $64.44.
Shares of Ventas (NYSE:VTR) opened at $58.35 on Friday. The firm has a market cap of $20,780.00, a PE ratio of 34.73, a P/E/G ratio of 3.71 and a beta of 0.09. Ventas has a 1-year low of $57.90 and a 1-year high of $72.36. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.46 and a quick ratio of 1.46.
Ventas (NYSE:VTR) last posted its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.60). The company had revenue of $899.90 million during the quarter, compared to analyst estimates of $893.18 million. Ventas had a return on equity of 6.34% and a net margin of 32.96%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.03 EPS. analysts forecast that Ventas will post 4.16 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Amica Retiree Medical Trust purchased a new stake in Ventas during the third quarter valued at about $131,000. Bronfman E.L. Rothschild L.P. lifted its stake in Ventas by 48.0% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,003 shares of the real estate investment trust’s stock valued at $139,000 after buying an additional 650 shares in the last quarter. Cable Hill Partners LLC purchased a new stake in Ventas during the third quarter valued at about $174,000. Carnick & Kubik Group LLC purchased a new stake in Ventas during the third quarter valued at about $204,000. Finally, Vident Investment Advisory LLC purchased a new stake in Ventas during the third quarter valued at about $206,000. 90.01% of the stock is owned by institutional investors.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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