Mizuho Raises Ventas (NYSE:VTR) Price Target to $75.00

Ventas (NYSE:VTR) had its price target hoisted by Mizuho from $68.00 to $75.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s target price suggests a potential upside of 11.00% from the company’s previous close.

A number of other analysts have also recently weighed in on VTR. Robert W. Baird raised shares of Ventas from a “neutral” rating to an “outperform” rating and decreased their target price for the stock from $66.00 to $65.00 in a research note on Friday, January 17th. JPMorgan Chase & Co. boosted their target price on shares of Ventas from $71.00 to $73.00 and gave the stock a “neutral” rating in a research note on Friday, March 7th. Morgan Stanley boosted their target price on shares of Ventas from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 11th. Baird R W raised shares of Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. Finally, Scotiabank boosted their price objective on shares of Ventas from $69.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Friday, February 28th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $72.90.

Ventas Stock Down 0.9 %

NYSE VTR opened at $67.57 on Tuesday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25. Ventas has a 1-year low of $41.45 and a 1-year high of $71.04. The company has a 50 day moving average of $63.62 and a 200-day moving average of $63.03. The company has a market cap of $29.54 billion, a price-to-earnings ratio of 355.65, a PEG ratio of 2.59 and a beta of 1.37.

Ventas (NYSE:VTR) last released its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. On average, equities research analysts expect that Ventas will post 3.4 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Debra A. Cafaro sold 388 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $71.00, for a total transaction of $27,548.00. Following the completion of the transaction, the chief executive officer now directly owns 1,128,143 shares of the company’s stock, valued at $80,098,153. This represents a 0.03 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Gregory R. Liebbe sold 3,866 shares of the stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total transaction of $243,558.00. Following the transaction, the chief accounting officer now directly owns 11,371 shares of the company’s stock, valued at $716,373. This represents a 25.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 260,227 shares of company stock valued at $17,769,097 in the last three months. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Ventas by 7.9% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock worth $21,310,000 after buying an additional 24,300 shares during the period. Northwest & Ethical Investments L.P. boosted its holdings in Ventas by 480.7% in the 3rd quarter. Northwest & Ethical Investments L.P. now owns 26,214 shares of the real estate investment trust’s stock worth $1,681,000 after buying an additional 21,700 shares during the period. Presima Securities ULC boosted its holdings in Ventas by 38.0% in the 4th quarter. Presima Securities ULC now owns 439,942 shares of the real estate investment trust’s stock worth $25,908,000 after buying an additional 121,193 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Ventas by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,904,078 shares of the real estate investment trust’s stock worth $314,499,000 after buying an additional 231,352 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in Ventas by 3.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 302,947 shares of the real estate investment trust’s stock worth $19,428,000 after buying an additional 10,134 shares during the period. 94.18% of the stock is owned by institutional investors.

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.