Ventas (NYSE:VTR) Upgraded to Hold at StockNews.com

Ventas (NYSE:VTR) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Saturday.

VTR has been the subject of several other research reports. Robert W. Baird raised their price objective on shares of Ventas from $65.00 to $66.00 and gave the company a “neutral” rating in a research report on Friday. Wedbush reissued an “outperform” rating and set a $75.00 price objective on shares of Ventas in a research note on Thursday. Scotiabank upped their target price on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a report on Friday, October 11th. Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $61.00 to $71.00 in a report on Tuesday, October 1st. Finally, Evercore ISI upped their price target on shares of Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.67.

Ventas Stock Performance

VTR opened at $58.76 on Friday. Ventas has a 1-year low of $41.45 and a 1-year high of $67.61. The company has a market capitalization of $24.65 billion, a price-to-earnings ratio of -345.63, a price-to-earnings-growth ratio of 2.78 and a beta of 1.36. The business has a 50 day moving average price of $63.36 and a two-hundred day moving average price of $59.27. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04.

Insider Buying and Selling at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $65,291,063.89. This represents a 10.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Global X Japan Co. Ltd. bought a new position in shares of Ventas in the third quarter worth about $48,000. Morse Asset Management Inc bought a new position in Ventas in the 3rd quarter worth approximately $64,000. Hanseatic Management Services Inc. acquired a new position in shares of Ventas during the third quarter worth approximately $74,000. Tobam acquired a new stake in shares of Ventas in the third quarter worth $79,000. Finally, Brooklyn Investment Group bought a new position in Ventas during the third quarter worth $80,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Company Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.