Ventas, Inc. (NYSE:VTR) Stock Has Consensus Target Price of $99.41 According to Analysts

Shares of Ventas, Inc. (NYSE:VTR) have received a consensus recommendation of “Moderate Buy” from the twenty-one analysts that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and seventeen have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $99.68.

Several research firms have recently commented on VTR. JPMorgan Chase & Co. boosted their price target on Ventas from $94.00 to $104.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 2nd. Cantor Fitzgerald reduced their price objective on Ventas from $102.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, October 29th. Scotiabank upped their price target on shares of Ventas from $93.00 to $95.00 and gave the company a “sector perform” rating in a report on Wednesday, September 2nd. Royal Bank Of Canada boosted their target price on shares of Ventas from $98.00 to $99.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Finally, Jefferies Financial Group reduced their target price on Ventas from $102.00 to $95.00 in a research note on Monday, October 12th.

Ventas Stock Down 0.9%

Shares of NYSE VTR opened at $89.59 on Friday. Ventas has a 12 month low of $73.82 and a 12 month high of $101.60. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $47.38 billion, a price-to-earnings ratio of 23.86, a PEG ratio of 3.70 and a beta of 0.77. The business has a 50-day moving average of $86.46 and a 200-day moving average of $86.96.

Ventas (NYSE:VTR) last posted its quarterly earnings data on Tuesday, October 27th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.85). Ventas had a return on equity of 1.86% and a net margin of 3.86%. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter last year, the company posted $0.88 EPS. Ventas’s revenue for the quarter was up 23.0% compared to the same quarter last year. Sell-side analysts expect that Ventas will post 3.89 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were paid a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, September 30th. Ventas’s dividend payout ratio is currently 392.45%.

Institutional Investors Weigh In On Ventas

A number of large investors have recently made changes to their positions in VTR. AlphaGrep UK Ltd grew its position in shares of Ventas by 37.8% in the 3rd quarter. AlphaGrep UK Ltd now owns 3,886 shares of the real estate investment trust’s stock valued at $330,000 after acquiring an additional 1,066 shares during the period. Meeder Advisory Services Inc. increased its stake in shares of Ventas by 28.7% during the 3rd quarter. Meeder Advisory Services Inc. now owns 7,126 shares of the real estate investment trust’s stock worth $606,000 after purchasing an additional 1,591 shares during the last quarter. Allianz SE increased its stake in shares of Ventas by 48.7% during the 3rd quarter. Allianz SE now owns 24,433 shares of the real estate investment trust’s stock worth $2,077,000 after purchasing an additional 8,003 shares during the last quarter. Texas Yale Capital Corp. raised its holdings in shares of Ventas by 12.4% in the 3rd quarter. Texas Yale Capital Corp. now owns 22,480 shares of the real estate investment trust’s stock valued at $1,911,000 after purchasing an additional 2,480 shares during the period. Finally, Resona Asset Management Co. Ltd. raised its holdings in shares of Ventas by 4.0% in the 3rd quarter. Resona Asset Management Co. Ltd. now owns 315,324 shares of the real estate investment trust’s stock valued at $27,259,000 after purchasing an additional 12,108 shares during the period. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

About Ventas

Ventas, Inc. is a real estate investment trust focused on properties and services that support the health care and senior living sectors. Its portfolio includes senior housing communities, outpatient medical buildings, and research and life science facilities. The company owns and invests in properties across the United States, Canada, and the United Kingdom. Many of its communities and facilities are operated by health care and senior living providers, while Ventas provides real estate capital and asset management.