Ventas (NYSE:VTR) shares reached a new 52-week high and low on Friday . The company traded as low as $46.94 and last traded at $46.91, with a volume of 833523 shares. The stock had previously closed at $47.80.
A number of research analysts recently weighed in on VTR shares. Stifel Nicolaus set a $56.00 target price on Ventas and gave the stock a “hold” rating in a report on Friday, February 9th. KeyCorp decreased their target price on Ventas from $50.00 to $43.00 and set an “underweight” rating on the stock in a report on Monday. TheStreet lowered Ventas from a “b-” rating to a “c+” rating in a report on Thursday, March 8th. BMO Capital Markets set a $55.00 target price on Ventas and gave the stock a “sell” rating in a report on Friday, February 9th. Finally, ValuEngine raised Ventas from a “hold” rating to a “buy” rating in a report on Friday, January 5th. Five investment analysts have rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $57.38.
The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.03. The firm has a market cap of $17,314.20, a P/E ratio of 11.49, a price-to-earnings-growth ratio of 3.17 and a beta of 0.09.
Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, February 9th. The real estate investment trust reported $1.03 EPS for the quarter, meeting analysts’ consensus estimates of $1.03. Ventas had a return on equity of 5.99% and a net margin of 37.95%. The firm had revenue of $895.30 million for the quarter, compared to analyst estimates of $895.92 million. During the same period in the prior year, the firm posted $0.58 EPS. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. equities research analysts predict that Ventas will post 4.01 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 12th. Shareholders of record on Monday, April 2nd were issued a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 6.73%. The ex-dividend date was Thursday, March 29th. Ventas’s dividend payout ratio is 75.96%.
Hedge funds and other institutional investors have recently modified their holdings of the business. Vident Investment Advisory LLC bought a new stake in shares of Ventas during the 3rd quarter valued at $206,000. Janus Henderson Group PLC lifted its position in shares of Ventas by 83.9% during the 3rd quarter. Janus Henderson Group PLC now owns 178,980 shares of the real estate investment trust’s stock valued at $11,655,000 after acquiring an additional 81,667 shares during the period. Parametric Portfolio Associates LLC lifted its position in shares of Ventas by 7.1% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 661,299 shares of the real estate investment trust’s stock valued at $43,070,000 after acquiring an additional 43,668 shares during the period. Nisa Investment Advisors LLC lifted its position in shares of Ventas by 1.6% during the 4th quarter. Nisa Investment Advisors LLC now owns 113,843 shares of the real estate investment trust’s stock valued at $6,832,000 after acquiring an additional 1,777 shares during the period. Finally, Hexavest Inc. lifted its position in shares of Ventas by 0.9% during the 4th quarter. Hexavest Inc. now owns 1,077,199 shares of the real estate investment trust’s stock valued at $64,643,000 after acquiring an additional 10,073 shares during the period. 88.81% of the stock is currently owned by hedge funds and other institutional investors.
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of more than 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.
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