Ventas (VTR) Given a $54.00 Price Target at Wells Fargo & Co

Ventas (NYSE:VTR) received a $54.00 price target from equities research analysts at Wells Fargo & Co in a report released on Tuesday. The firm currently has a “hold” rating on the real estate investment trust’s stock. Wells Fargo & Co’s price target points to a potential upside of 6.85% from the company’s current price.

A number of other equities research analysts have also issued reports on VTR. SunTrust Banks set a $55.00 price target on shares of Ventas and gave the company a “hold” rating in a report on Friday, February 9th. Mizuho set a $53.00 price target on shares of Ventas and gave the company a “hold” rating in a report on Friday, February 9th. ValuEngine lowered shares of Ventas from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. BMO Capital Markets set a $55.00 price target on shares of Ventas and gave the company a “sell” rating in a report on Friday, February 9th. Finally, Stifel Nicolaus set a $56.00 price target on shares of Ventas and gave the company a “hold” rating in a report on Friday, February 9th. Eight equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $58.31.

Ventas (NYSE VTR) traded up $0.92 during mid-day trading on Tuesday, hitting $50.54. 1,708,983 shares of the stock were exchanged, compared to its average volume of 3,060,661. Ventas has a twelve month low of $49.17 and a twelve month high of $72.36. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 1.46. The firm has a market capitalization of $18,066.37 and a price-to-earnings ratio of 13.30.

Ventas (NYSE:VTR) last released its quarterly earnings results on Friday, February 9th. The real estate investment trust reported $1.03 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.03. Ventas had a net margin of 37.95% and a return on equity of 5.99%. The business had revenue of $895.30 million for the quarter, compared to analyst estimates of $895.92 million. During the same quarter in the previous year, the business earned $0.58 earnings per share. The firm’s revenue was up 2.2% compared to the same quarter last year. equities research analysts predict that Ventas will post 4.02 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in VTR. Capital International Investors increased its stake in Ventas by 40.9% in the 3rd quarter. Capital International Investors now owns 4,141,700 shares of the real estate investment trust’s stock valued at $269,749,000 after buying an additional 1,202,900 shares during the period. Renaissance Technologies LLC increased its stake in Ventas by 2,469.3% in the 4th quarter. Renaissance Technologies LLC now owns 1,020,002 shares of the real estate investment trust’s stock valued at $61,210,000 after buying an additional 980,302 shares during the period. Standard Life Aberdeen plc increased its stake in Ventas by 178.5% in the 4th quarter. Standard Life Aberdeen plc now owns 1,170,770 shares of the real estate investment trust’s stock valued at $70,263,000 after buying an additional 750,316 shares during the period. Millennium Management LLC acquired a new position in shares of Ventas during the 4th quarter worth $38,798,000. Finally, Cohen & Steers Inc. increased its stake in shares of Ventas by 8.6% during the 3rd quarter. Cohen & Steers Inc. now owns 6,895,293 shares of the real estate investment trust’s stock worth $449,090,000 after purchasing an additional 545,504 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

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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.

Analyst Recommendations for Ventas (NYSE:VTR)

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