Ventas (NYSE:VTR) PT Raised to $51.00

Ventas (NYSE:VTRGet Free Report) had its target price raised by stock analysts at Scotiabank from $47.00 to $51.00 in a report released on Thursday, Benzinga reports. The brokerage presently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s target price suggests a potential upside of 4.27% from the stock’s previous close.

Other equities analysts also recently issued reports about the company. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $46.00 price target (down from $52.00) on shares of Ventas in a report on Monday, February 26th. Deutsche Bank Aktiengesellschaft began coverage on shares of Ventas in a report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 target price for the company. StockNews.com lowered shares of Ventas from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Finally, Evercore ISI upgraded shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective for the company in a research note on Monday, March 18th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $51.23.

Get Our Latest Research Report on VTR

Ventas Stock Up 0.4 %

Ventas stock opened at $48.91 on Thursday. The stock’s fifty day moving average is $44.28 and its two-hundred day moving average is $45.55. The stock has a market cap of $19.80 billion, a PE ratio of -257.42, a P/E/G ratio of 2.57 and a beta of 1.25. Ventas has a 1-year low of $39.33 and a 1-year high of $50.99. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.63 and a quick ratio of 0.63.

Insider Buying and Selling

In other Ventas news, CAO Gregory R. Liebbe sold 14,625 shares of the business’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $47.70, for a total value of $697,612.50. Following the transaction, the chief accounting officer now directly owns 12,524 shares of the company’s stock, valued at approximately $597,394.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Walter C. Rakowich sold 2,145 shares of the company’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $48.40, for a total transaction of $103,818.00. Following the transaction, the director now owns 26,031 shares of the company’s stock, valued at $1,259,900.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Gregory R. Liebbe sold 14,625 shares of the firm’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $47.70, for a total value of $697,612.50. Following the completion of the sale, the chief accounting officer now directly owns 12,524 shares of the company’s stock, valued at approximately $597,394.80. The disclosure for this sale can be found here. Insiders sold a total of 35,270 shares of company stock valued at $1,672,966 over the last three months. 1.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ventas

Institutional investors have recently modified their holdings of the company. Allspring Global Investments Holdings LLC increased its holdings in Ventas by 2.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 35,197 shares of the real estate investment trust’s stock valued at $1,483,000 after acquiring an additional 882 shares in the last quarter. Fifth Third Bancorp increased its stake in shares of Ventas by 5.3% during the 3rd quarter. Fifth Third Bancorp now owns 38,781 shares of the real estate investment trust’s stock worth $1,634,000 after purchasing an additional 1,944 shares in the last quarter. Allworth Financial LP increased its stake in shares of Ventas by 5.4% during the 3rd quarter. Allworth Financial LP now owns 11,820 shares of the real estate investment trust’s stock worth $498,000 after purchasing an additional 609 shares in the last quarter. Wealthfront Advisers LLC raised its position in shares of Ventas by 16.6% during the 3rd quarter. Wealthfront Advisers LLC now owns 44,930 shares of the real estate investment trust’s stock worth $1,893,000 after purchasing an additional 6,398 shares during the last quarter. Finally, New Mexico Educational Retirement Board lifted its stake in Ventas by 7.2% in the 3rd quarter. New Mexico Educational Retirement Board now owns 20,826 shares of the real estate investment trust’s stock valued at $877,000 after buying an additional 1,400 shares in the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Ventas Company Profile

(Get Free Report)

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.

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