Ventas, Inc. (NYSE:VTR) – Research analysts at Capital One Financial dropped their Q4 2018 earnings per share estimates for shares of Ventas in a report issued on Tuesday, October 30th. Capital One Financial analyst D. Bernstein now forecasts that the real estate investment trust will earn $0.97 per share for the quarter, down from their previous estimate of $0.98. Capital One Financial also issued estimates for Ventas’ Q3 2019 earnings at $1.00 EPS, Q4 2019 earnings at $1.01 EPS and FY2019 earnings at $4.00 EPS.
Other analysts have also issued reports about the stock. TheStreet lowered shares of Ventas from a “b” rating to a “c+” rating in a research report on Friday, October 26th. Bank of America increased their price target on shares of Ventas from $55.00 to $60.00 and gave the company a “neutral” rating in a research report on Tuesday, July 10th. Cantor Fitzgerald reiterated a “hold” rating and issued a $56.00 price target on shares of Ventas in a research report on Friday, July 27th. ValuEngine upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research report on Wednesday, October 17th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $58.00 price target on shares of Ventas in a research report on Tuesday, July 31st. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $55.62.
VTR stock opened at $58.11 on Wednesday. The company has a market capitalization of $21.02 billion, a PE ratio of 13.97, a price-to-earnings-growth ratio of 4.02 and a beta of 0.13. Ventas has a 12 month low of $46.55 and a 12 month high of $65.72. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 1.00.
Ventas (NYSE:VTR) last issued its earnings results on Friday, October 26th. The real estate investment trust reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.02. The company had revenue of $936.54 million for the quarter, compared to analyst estimates of $920.19 million. Ventas had a net margin of 19.90% and a return on equity of 4.56%. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.71 earnings per share.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 12th. Investors of record on Monday, October 1st were paid a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 5.44%. The ex-dividend date was Friday, September 28th. Ventas’s payout ratio is 75.96%.
In related news, EVP T Richard Riney sold 13,708 shares of the company’s stock in a transaction that occurred on Friday, August 31st. The shares were sold at an average price of $60.00, for a total transaction of $822,480.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.40% of the company’s stock.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Legacy Advisors LLC lifted its stake in shares of Ventas by 5,960.6% during the second quarter. Legacy Advisors LLC now owns 2,000 shares of the real estate investment trust’s stock valued at $115,000 after buying an additional 1,967 shares during the period. Howe & Rusling Inc. lifted its stake in shares of Ventas by 591.7% during the second quarter. Howe & Rusling Inc. now owns 2,338 shares of the real estate investment trust’s stock valued at $133,000 after buying an additional 2,000 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of Ventas by 354.7% during the second quarter. Steward Partners Investment Advisory LLC now owns 3,001 shares of the real estate investment trust’s stock valued at $171,000 after buying an additional 2,341 shares during the period. Signaturefd LLC raised its stake in Ventas by 83.9% during the second quarter. Signaturefd LLC now owns 3,043 shares of the real estate investment trust’s stock worth $173,000 after purchasing an additional 1,388 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Ventas during the second quarter worth approximately $188,000. 84.40% of the stock is currently owned by institutional investors and hedge funds.
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.
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