Ventas (NYSE:VTR) Reaches New 52-Week High After Analyst Upgrade

Ventas, Inc. (NYSE:VTRGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday after JPMorgan Chase & Co. raised their price target on the stock from $93.00 to $94.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Ventas traded as high as $88.76 and last traded at $88.1150, with a volume of 446645 shares. The stock had previously closed at $87.26.

A number of other analysts have also recently issued reports on VTR. Scotiabank boosted their target price on Ventas from $80.00 to $93.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. BMO Capital Markets reiterated an “outperform” rating and set a $100.00 target price on shares of Ventas in a report on Monday, May 4th. Royal Bank Of Canada boosted their target price on Ventas from $91.00 to $98.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Wells Fargo & Company boosted their target price on Ventas from $88.00 to $93.00 and gave the stock an “overweight” rating in a report on Thursday, March 26th. Finally, Argus set a $88.00 target price on Ventas in a report on Tuesday, February 10th. Fourteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $93.56.

Check Out Our Latest Research Report on Ventas

Insider Buying and Selling

In related news, EVP Carey S. Roberts sold 35,532 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $85.00, for a total transaction of $3,020,220.00. Following the transaction, the executive vice president directly owned 72,755 shares of the company’s stock, valued at approximately $6,184,175. The trade was a 32.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.53% of the company’s stock.

Hedge Funds Weigh In On Ventas

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. lifted its position in Ventas by 6.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 69,827 shares of the real estate investment trust’s stock worth $5,710,000 after acquiring an additional 4,079 shares in the last quarter. Oslo Pensjonsforsikring AS acquired a new position in Ventas during the 1st quarter worth approximately $62,000. Dimensional Fund Advisors LP lifted its position in Ventas by 3.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,190,594 shares of the real estate investment trust’s stock worth $588,045,000 after acquiring an additional 253,019 shares in the last quarter. Parallel Advisors LLC lifted its position in Ventas by 12.3% during the 1st quarter. Parallel Advisors LLC now owns 5,069 shares of the real estate investment trust’s stock worth $415,000 after acquiring an additional 555 shares in the last quarter. Finally, AlphaCentric Advisors LLC acquired a new position in shares of Ventas in the 1st quarter valued at approximately $291,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Stock Performance

The stock has a 50-day simple moving average of $84.81 and a 200-day simple moving average of $80.56. The company has a market capitalization of $42.57 billion, a price-to-earnings ratio of 159.20, a price-to-earnings-growth ratio of 2.15 and a beta of 0.74. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.95.

Ventas (NYSE:VTRGet Free Report) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01). Ventas had a net margin of 4.25% and a return on equity of 2.09%. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period in the previous year, the company earned $0.84 earnings per share. The business’s revenue for the quarter was up 22.0% on a year-over-year basis. Ventas has set its FY 2026 guidance at 3.820-3.890 EPS. On average, analysts anticipate that Ventas, Inc. will post 3.85 earnings per share for the current year.

Ventas Company Profile

(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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