Traders Buy High Volume of Ventas Call Options (VTR)
Ventas (NYSE:VTR) saw unusually large options trading activity on Wednesday. Stock traders acquired 899 call options on the stock, Analyst RN reports. This represents an increase of 376% compared to the average volume of 189 call options.
Several analysts have recently commented on the stock. Analysts at Mizuho initiated coverage on shares of Ventas in a research note on Wednesday, July 23rd. They set a “buy” rating on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Ventas from $67.00 to $71.00 in a research note on Tuesday, July 22nd. Finally, analysts at Jefferies Group raised their price target on shares of Ventas from $65.00 to $67.00 in a research note on Monday, June 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $64.50.
Ventas (NYSE:VTR) traded up 2.48% during mid-day trading on Wednesday, hitting $64.80. The stock had a trading volume of 1,941,479 shares. Ventas has a 52-week low of $54.89 and a 52-week high of $69.09. The stock’s 50-day moving average is $64.03 and its 200-day moving average is $63.61. The company has a market cap of $19.050 billion and a price-to-earnings ratio of 38.18.
Ventas (NYSE:VTR) last posted its quarterly earnings results on Monday, August 11th. The company reported $1.09 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.09. The company had revenue of $751.25 million for the quarter, compared to the consensus estimate of $741.08 million. During the same quarter in the prior year, the company posted $1.01 earnings per share. The company’s quarterly revenue was up 9.8% on a year-over-year basis. Analysts expect that Ventas will post $4.40 EPS for the current fiscal year.
Ventas, Inc is a real estate investment trust (NYSE:VTR) with a geographically diverse portfolio of seniors housing and healthcare properties throughout the United States and Canada.
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