Ventas, Inc. (VTR) Receives Consensus Rating of “Hold” from Analysts
Ventas, Inc. (NYSE:VTR) has been given an average recommendation of “Hold” by the thirteen ratings firms that are currently covering the firm. Four investment analysts have rated the stock with a sell recommendation and nine have issued a hold recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $63.71.
Several research analysts have recently weighed in on VTR shares. Goldman Sachs Group Inc lowered shares of Ventas from a “neutral” rating to a “sell” rating and set a $56.00 price objective on the stock. in a report on Wednesday, March 15th. Jefferies Group LLC reiterated a “hold” rating and set a $58.00 price objective on shares of Ventas in a report on Tuesday, January 31st. SunTrust Banks, Inc. started coverage on shares of Ventas in a report on Tuesday, March 21st. They set a “hold” rating and a $64.00 price objective on the stock. Zacks Investment Research lowered shares of Ventas from a “hold” rating to a “sell” rating in a report on Monday, March 27th. Finally, BMO Capital Markets lowered shares of Ventas from a “market perform” rating to an “underperform” rating in a report on Tuesday, January 31st.
Several hedge funds and other institutional investors have recently made changes to their positions in VTR. BlackRock Inc. raised its position in shares of Ventas by 2,360.9% in the first quarter. BlackRock Inc. now owns 36,533,611 shares of the real estate investment trust’s stock valued at $2,376,145,000 after buying an additional 35,049,052 shares during the last quarter. Norges Bank acquired a new position in Ventas during the fourth quarter valued at approximately $165,072,000. Daiwa Securities Group Inc. raised its position in Ventas by 193.9% in the third quarter. Daiwa Securities Group Inc. now owns 3,921,566 shares of the real estate investment trust’s stock valued at $276,980,000 after buying an additional 2,587,039 shares during the last quarter. Lasalle Investment Management Securities LLC raised its position in Ventas by 1,760.8% in the first quarter. Lasalle Investment Management Securities LLC now owns 2,729,943 shares of the real estate investment trust’s stock valued at $177,555,000 after buying an additional 2,583,233 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Ventas by 2.2% in the first quarter. Vanguard Group Inc. now owns 51,025,903 shares of the real estate investment trust’s stock valued at $3,318,724,000 after buying an additional 1,110,305 shares during the last quarter. Institutional investors and hedge funds own 91.98% of the company’s stock.
Shares of Ventas (NYSE:VTR) traded down 0.98% during midday trading on Friday, hitting $66.58. 1,573,067 shares of the company’s stock were exchanged. The firm has a market cap of $23.63 billion, a PE ratio of 33.83 and a beta of 0.08. The stock’s 50-day moving average price is $65.23 and its 200 day moving average price is $62.72. Ventas has a one year low of $56.20 and a one year high of $76.80.
Ventas (NYSE:VTR) last released its earnings results on Friday, April 28th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.02 by $0.58. The firm had revenue of $883.44 million during the quarter, compared to analysts’ expectations of $873.56 million. Ventas had a net margin of 18.85% and a return on equity of 6.42%. Ventas’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the company posted $1.04 earnings per share. Equities research analysts forecast that Ventas will post $1.81 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Tuesday, June 6th will be issued a dividend of $0.775 per share. The ex-dividend date is Friday, June 2nd. This represents a $3.10 annualized dividend and a dividend yield of 4.66%. Ventas’s payout ratio is currently 166.67%.
Ventas Company Profile
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.
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