Ventas (NYSE:VTR) was upgraded by equities researchers at ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued to investors on Thursday.

Several other analysts also recently commented on the company. KeyCorp cut their target price on Ventas from $50.00 to $43.00 and set an “underweight” rating on the stock in a research note on Monday, April 16th. Zacks Investment Research upgraded Ventas from a “sell” rating to a “hold” rating in a research note on Monday, April 16th. Deutsche Bank cut their target price on Ventas from $61.00 to $55.00 and set a “hold” rating on the stock in a research note on Monday, March 19th. BMO Capital Markets reiterated a “sell” rating and set a $51.00 target price on shares of Ventas in a research note on Tuesday, March 27th. Finally, TheStreet downgraded Ventas from a “b-” rating to a “c+” rating in a research note on Thursday, March 8th. Six equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company’s stock. Ventas has a consensus rating of “Hold” and an average target price of $56.85.

VTR traded up $1.36 during trading on Thursday, hitting $57.44. 2,674,067 shares of the company’s stock traded hands, compared to its average volume of 2,696,771. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02. Ventas has a 12-month low of $46.55 and a 12-month high of $70.70. The company has a market cap of $19.87 billion, a price-to-earnings ratio of 13.81, a P/E/G ratio of 3.66 and a beta of 0.11.

Ventas (NYSE:VTR) last issued its earnings results on Friday, April 27th. The real estate investment trust reported $0.22 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.79). Ventas had a net margin of 34.04% and a return on equity of 5.24%. The business had revenue of $943.70 million for the quarter, compared to analysts’ expectations of $874.42 million. During the same quarter in the prior year, the business posted $0.55 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. research analysts forecast that Ventas will post 4.04 EPS for the current year.

In related news, Chairman Debra A. Cafaro sold 15,505 shares of the firm’s stock in a transaction on Friday, June 1st. The stock was sold at an average price of $55.00, for a total value of $852,775.00. Following the transaction, the chairman now directly owns 759,672 shares of the company’s stock, valued at approximately $41,781,960. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Melody C. Barnes sold 3,963 shares of the firm’s stock in a transaction on Monday, May 7th. The stock was sold at an average price of $53.37, for a total value of $211,505.31. The disclosure for this sale can be found here. Insiders have sold a total of 65,851 shares of company stock worth $3,559,027 over the last three months. Insiders own 1.40% of the company’s stock.

A number of institutional investors have recently made changes to their positions in VTR. Centersquare Investment Management LLC bought a new position in Ventas in the 1st quarter worth $97,173,000. Millennium Management LLC raised its holdings in Ventas by 242.6% in the 1st quarter. Millennium Management LLC now owns 2,214,927 shares of the real estate investment trust’s stock worth $109,705,000 after purchasing an additional 1,568,408 shares during the period. Brookfield Asset Management Inc. raised its holdings in Ventas by 44.7% in the 1st quarter. Brookfield Asset Management Inc. now owns 3,686,473 shares of the real estate investment trust’s stock worth $182,591,000 after purchasing an additional 1,138,667 shares during the period. Renaissance Technologies LLC raised its holdings in Ventas by 2,469.3% in the 4th quarter. Renaissance Technologies LLC now owns 1,020,002 shares of the real estate investment trust’s stock worth $61,210,000 after purchasing an additional 980,302 shares during the period. Finally, BlackRock Inc. raised its holdings in Ventas by 2.1% in the 1st quarter. BlackRock Inc. now owns 38,592,605 shares of the real estate investment trust’s stock worth $1,911,493,000 after purchasing an additional 795,890 shares during the period. 84.35% of the stock is currently owned by institutional investors.

About Ventas

Ventas, Inc engages in the acquisition and ownership of seniors housing and healthcare properties. The company invests in seniors housing and healthcare properties through acquisitions and leases its properties to unaffiliated tenants or operate them through independent third-party managers. It operates through the following segments: Triple-Net Leased Properties, Senior Living Operations, and Office Operations.

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Analyst Recommendations for Ventas (NYSE:VTR)

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