Brokerages 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 analysts that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, six have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $68.71.

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

Ventas Price Performance

Shares of NYSE VTR opened at $60.36 on Monday. The company has a fifty day moving average price of $59.94 and a 200 day moving average price of $61.01. The firm has a market cap of $25.32 billion, a PE ratio of -355.01, a PEG ratio of 2.58 and a beta of 1.37. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. Ventas has a 1-year low of $41.45 and a 1-year high of $67.61.

Ventas Announces Dividend

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

Hedge Funds Weigh In On Ventas

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Global Retirement Partners LLC lifted its position in shares of 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 buying an additional 177 shares during the last quarter. D.A. Davidson & CO. raised its stake in 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 acquiring an additional 172 shares during the period. CIBC Asset Management Inc lifted its holdings in 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 boosted its position in Ventas by 1.4% during the fourth 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 during the period. Finally, Allworth Financial LP increased its holdings in shares of Ventas by 52.1% in the fourth 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 own 94.18% of the company’s stock.

About Ventas

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.