Ventas, Inc. (NYSE:VTR) Receives Consensus Recommendation of “Buy” from Analysts

Ventas, Inc. (NYSE:VTR) has received an average rating of “Buy” from the ten analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, seven have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $67.13.

A number of brokerages have recently issued reports on VTR. Baird R W upgraded Ventas from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th. Scotiabank increased their price objective on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Mizuho dropped their price objective on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Finally, Wedbush restated an “outperform” rating and set a $75.00 target price on shares of Ventas in a research report on Thursday, December 19th.

Insider Buying and Selling at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now owns 986,717 shares of the company’s stock, valued at approximately $65,291,063.89. The trade was a 10.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Ventas

A number of institutional investors have recently added to or reduced their stakes in the stock. Friedenthal Financial increased its holdings in shares of Ventas by 1,183.7% during the third quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust’s stock worth $819,000 after buying an additional 11,778 shares in the last quarter. Tandem Capital Management Corp ADV boosted its stake in shares of Ventas by 62.1% during the third quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust’s stock valued at $1,778,000 after purchasing an additional 10,620 shares in the last quarter. Perpetual Ltd bought a new stake in shares of Ventas during the third quarter worth about $544,000. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Ventas by 7.9% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock valued at $21,310,000 after buying an additional 24,300 shares during the period. Finally, abrdn plc raised its holdings in Ventas by 28.7% in the 3rd quarter. abrdn plc now owns 961,359 shares of the real estate investment trust’s stock valued at $61,878,000 after buying an additional 214,384 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Stock Performance

NYSE VTR opened at $60.75 on Monday. Ventas has a 52-week low of $41.45 and a 52-week high of $67.61. The stock has a market cap of $25.49 billion, a PE ratio of -357.33, a P/E/G ratio of 2.52 and a beta of 1.37. The firm has a 50-day moving average of $60.29 and a 200-day moving average of $60.74. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04.

Ventas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were paid a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a yield of 2.96%. Ventas’s dividend payout ratio (DPR) is -1,058.76%.

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.