Ventas (NYSE:VTR) Reaches New 52-Week High – Here’s What Happened

Ventas, Inc. (NYSE:VTRGet Free Report) reached a new 52-week high on Thursday . The stock traded as high as $91.31 and last traded at $91.6050, with a volume of 210511 shares changing hands. The stock had previously closed at $89.65.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on VTR. BMO Capital Markets restated an “outperform” rating and set a $100.00 price objective on shares of Ventas in a research report on Monday, May 4th. Raymond James Financial initiated coverage on Ventas in a research report on Tuesday, June 16th. They issued an “outperform” rating and a $94.00 target price for the company. Wells Fargo & Company lifted their price target on Ventas from $93.00 to $96.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Royal Bank Of Canada boosted their price target on Ventas from $91.00 to $98.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Finally, UBS Group upped their price objective on Ventas from $85.00 to $93.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Fifteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $96.00.

Check Out Our Latest Stock Analysis on VTR

Ventas Stock Up 0.1%

The stock has a 50-day moving average price of $85.92 and a 200-day moving average price of $83.20. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.25 and a quick ratio of 0.25. The company has a market capitalization of $45.00 billion, a P/E ratio of 168.31, a P/E/G ratio of 1.99 and a beta of 0.70.

Ventas (NYSE:VTRGet Free Report) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $0.11 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.01). The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.59 billion. Ventas had a net margin of 4.25% and a return on equity of 2.09%. The business’s revenue was up 22.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.84 earnings per share. Ventas has set its FY 2026 guidance at 3.820-3.890 EPS. On average, research analysts predict that Ventas, Inc. will post 3.88 EPS for the current fiscal year.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Ventas’s dividend payout ratio is currently 378.18%.

Insiders Place Their Bets

In other news, Director Michael J. Embler bought 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were acquired at an average price of $78.81 per share, for a total transaction of $197,025.00. Following the completion of the acquisition, the director directly owned 19,202 shares in the company, valued at approximately $1,513,309.62. This represents a 14.97% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Walter C. Rakowich sold 1,152 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $90.20, for a total transaction of $103,910.40. Following the completion of the transaction, the director owned 28,349 shares in the company, valued at approximately $2,557,079.80. The trade was a 3.90% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC grew its stake in Ventas by 856.1% during the first quarter. NewEdge Advisors LLC now owns 7,926 shares of the real estate investment trust’s stock worth $545,000 after purchasing an additional 7,097 shares during the period. Empowered Funds LLC lifted its stake in Ventas by 6.8% in the first quarter. Empowered Funds LLC now owns 8,373 shares of the real estate investment trust’s stock valued at $576,000 after buying an additional 536 shares during the period. Woodline Partners LP boosted its holdings in shares of Ventas by 46.8% during the 1st quarter. Woodline Partners LP now owns 36,826 shares of the real estate investment trust’s stock worth $2,532,000 after buying an additional 11,739 shares in the last quarter. Focus Partners Wealth boosted its holdings in shares of Ventas by 130.4% during the 1st quarter. Focus Partners Wealth now owns 21,613 shares of the real estate investment trust’s stock worth $1,486,000 after buying an additional 12,233 shares in the last quarter. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Ventas during the 2nd quarter worth approximately $805,000. 94.18% of the stock is owned by institutional investors.

About Ventas

(Get Free Report)

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.

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