Ventas, Inc. (NYSE:VTR) Receives $65.67 Consensus Target Price from Analysts

Shares of Ventas, Inc. (NYSE:VTR) have been given an average rating of “Moderate Buy” by the ten analysts that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $65.67.

VTR has been the topic of several research reports. Mizuho lowered their price target on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research note on Saturday, December 21st. Evercore ISI raised their target price on Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Robert W. Baird boosted their price target on shares of Ventas from $65.00 to $66.00 and gave the company a “neutral” rating in a report on Friday, December 20th. Finally, Wedbush reaffirmed an “outperform” rating and set a $75.00 price objective on shares of Ventas in a report on Thursday, December 19th.

Insider Buying and Selling at Ventas

In other news, CEO Debra A. Cafaro sold 121,248 shares of Ventas stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total value of $8,022,980.16. Following the completion of the transaction, the chief executive officer now owns 986,717 shares in the company, valued at approximately $65,291,063.89. The trade was a 10.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Ventas

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

Ventas Stock Performance

NYSE:VTR opened at $58.23 on Thursday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. The firm’s 50-day moving average is $61.64 and its 200-day moving average is $60.11. Ventas has a 52-week low of $41.45 and a 52-week high of $67.61. The company has a market cap of $24.43 billion, a price-to-earnings ratio of -342.51, a PEG ratio of 2.78 and a beta of 1.37.

Ventas Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 3.09%. The ex-dividend date of this dividend is Tuesday, December 31st. Ventas’s dividend payout ratio is currently -1,058.82%.

About Ventas

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.