Ventas (NYSE:VTR) had its price target reduced by Deutsche Bank from $61.00 to $55.00 in a report published on Monday. Deutsche Bank currently has a hold rating on the real estate investment trust’s stock.
A number of other equities analysts have also weighed in on the stock. UBS lowered shares of Ventas from a market perform rating to an underperform rating in a report on Monday, December 4th. Zacks Investment Research lowered shares of Ventas from a hold rating to a sell rating in a report on Wednesday, November 29th. BMO Capital Markets reiterated a sell rating and issued a $63.00 price target on shares of Ventas in a report on Monday, November 27th. Raymond James Financial restated an underperform rating on shares of Ventas in a report on Monday, December 4th. Finally, KeyCorp set a $50.00 target price on shares of Ventas and gave the company a sell rating in a report on Thursday, January 11th. Six investment analysts have rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the company. Ventas currently has an average rating of Hold and a consensus target price of $58.23.
Ventas stock opened at $49.53 on Monday. The firm has a market cap of $17,862.73, a price-to-earnings ratio of 13.14, a price-to-earnings-growth ratio of 3.26 and a beta of 0.14. Ventas has a 1-year low of $47.97 and a 1-year high of $72.36. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.03.
Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, February 9th. The real estate investment trust reported $1.03 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.03. The company had revenue of $895.30 million for the quarter, compared to analyst estimates of $895.92 million. Ventas had a net margin of 37.95% and a return on equity of 5.99%. Ventas’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the business earned $0.58 EPS. equities research analysts expect that Ventas will post 4.03 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 12th. Investors of record on Monday, April 2nd will be issued a dividend of $0.79 per share. The ex-dividend date is Thursday, March 29th. This represents a $3.16 annualized dividend and a dividend yield of 6.38%. Ventas’s payout ratio is 83.82%.
Several large investors have recently bought and sold shares of VTR. Certified Advisory Corp acquired a new position in Ventas in the 4th quarter worth $102,000. Valeo Financial Advisors LLC lifted its holdings in Ventas by 1,945.6% in the 4th quarter. Valeo Financial Advisors LLC now owns 1,841 shares of the real estate investment trust’s stock worth $110,000 after buying an additional 1,751 shares in the last quarter. Aevitas Wealth Management Inc. acquired a new position in Ventas in the 4th quarter worth $114,000. Icon Wealth Partners LLC acquired a new position in Ventas in the 4th quarter worth $114,000. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC acquired a new position in Ventas in the 4th quarter worth $116,000. Institutional investors and hedge funds own 88.78% of the company’s stock.
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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.
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