Ventas (NYSE:VTR) Given Outperform Rating at Wedbush

Ventas (NYSE:VTR)‘s stock had its “outperform” rating reaffirmed by stock analysts at Wedbush in a report issued on Thursday,RTT News reports. They currently have a $75.00 target price on the real estate investment trust’s stock. Wedbush’s price objective indicates a potential upside of 27.64% from the stock’s previous close.

VTR has been the topic of several other reports. Scotiabank increased their target price on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a report on Friday, October 11th. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $61.00 to $71.00 in a research note on Tuesday, October 1st. Evercore ISI increased their target price on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. StockNews.com downgraded Ventas from a “hold” rating to a “sell” rating in a report on Friday, December 13th. Finally, Mizuho decreased their price objective on Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $65.67.

Ventas Trading Up 1.8 %

VTR opened at $58.76 on Thursday. Ventas has a 52 week low of $41.45 and a 52 week high of $67.61. The company has a market capitalization of $24.65 billion, a P/E ratio of -345.63, a PEG ratio of 2.78 and a beta of 1.36. The stock’s fifty day moving average is $63.36 and its two-hundred day moving average is $59.27. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39.

Insider Activity at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 6,004 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $66.11, for a total transaction of $396,924.44. Following the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at approximately $65,231,860.87. The trade was a 0.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in VTR. State Street Corp increased its position in shares of Ventas by 2.2% in the 3rd quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock valued at $1,710,426,000 after acquiring an additional 581,870 shares during the period. FMR LLC increased its holdings in shares of Ventas by 4.4% in the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after purchasing an additional 982,795 shares during the period. Geode Capital Management LLC increased its holdings in shares of Ventas by 2.4% in the third quarter. Geode Capital Management LLC now owns 10,411,293 shares of the real estate investment trust’s stock valued at $665,559,000 after purchasing an additional 245,922 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Ventas by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust’s stock worth $304,047,000 after purchasing an additional 96,482 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Ventas by 105.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock worth $347,605,000 after purchasing an additional 2,778,408 shares during the period. Hedge funds and other institutional investors own 94.18% of the company’s stock.

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.