Analysts Set Ventas, Inc. (NYSE:VTR) Target Price at $67.13

Ventas, Inc. (NYSE:VTR) has been assigned an average rating of “Buy” from the nine brokerages that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $68.71.

Several equities analysts recently commented on VTR shares. Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and decreased their price target for the company from $66.00 to $65.00 in a research note on Friday, January 17th. Baird R W upgraded shares of Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Mizuho dropped their price target on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Wedbush reiterated an “outperform” rating and issued a $75.00 price target on shares of Ventas in a research note on Thursday, December 19th. Finally, Scotiabank raised their price objective on Ventas from $68.00 to $69.00 and gave the stock a “sector perform” rating in a research note on Monday, January 27th.

Hedge Funds Weigh In On Ventas

A number of institutional investors have recently modified their holdings of the business. Global Retirement Partners LLC grew its position in Ventas by 17.0% in the fourth quarter. Global Retirement Partners LLC now owns 1,221 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 177 shares during the last quarter. D.A. Davidson & CO. boosted its stake in shares of Ventas by 0.5% in the 4th quarter. D.A. Davidson & CO. now owns 34,973 shares of the real estate investment trust’s stock valued at $2,060,000 after purchasing an additional 172 shares in the last quarter. CIBC Asset Management Inc grew its holdings in shares of Ventas by 6.0% during the 4th quarter. CIBC Asset Management Inc now owns 63,341 shares of the real estate investment trust’s stock valued at $3,730,000 after purchasing an additional 3,580 shares during the last quarter. State of New Jersey Common Pension Fund D increased its position in Ventas by 1.4% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 363,918 shares of the real estate investment trust’s stock worth $21,431,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Allworth Financial LP lifted its stake in Ventas by 52.1% in the 4th quarter. Allworth Financial LP now owns 2,810 shares of the real estate investment trust’s stock valued at $164,000 after purchasing an additional 962 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Stock Performance

Shares of NYSE VTR opened at $60.36 on Monday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market cap of $25.32 billion, a price-to-earnings ratio of -355.01, a P/E/G ratio of 2.58 and a beta of 1.37. The stock’s fifty day moving average price is $59.94 and its two-hundred day moving average price is $61.01. Ventas has a one year low of $41.45 and a one year high of $67.61.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were paid a $0.45 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.80 annualized dividend and a dividend yield of 2.98%. Ventas’s payout ratio is -1,058.76%.

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.