Ventas (NYSE:VTR) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Shares of Ventas, Inc. (NYSE:VTR) passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $86.31 and traded as low as $83.14. Ventas shares last traded at $83.2250, with a volume of 5,397,959 shares trading hands.

Analyst Upgrades and Downgrades

VTR has been the topic of a number of recent research reports. BNP Paribas Exane boosted their target price on Ventas from $93.00 to $110.00 and gave the company an “outperform” rating in a report on Thursday, July 30th. Cantor Fitzgerald upped their price target on Ventas from $97.00 to $102.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Mizuho increased their price target on Ventas from $98.00 to $104.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. JPMorgan Chase & Co. lifted their price objective on shares of Ventas from $94.00 to $104.00 and gave the company an “overweight” rating in a research report on Wednesday, September 2nd. Finally, Wells Fargo & Company lowered their price objective on shares of Ventas from $104.00 to $96.00 and set an “overweight” rating on the stock in a research report on Monday, October 19th. Eighteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $98.91.

Ventas Price Performance

The stock’s 50-day moving average is $87.67 and its 200 day moving average is $86.31.

Ventas (NYSE:VTR) last issued its earnings results on Tuesday, October 27th. The real estate investment trust reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.77 billion. The business’s quarterly revenue was up 23.0% on a year-over-year basis. During the same period last year, the company posted $0.88 earnings per share. Equities analysts forecast that Ventas, Inc. will post 3.89 EPS for the current year.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Wednesday, September 30th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Dynamic Wealth Strategies LLC purchased a new stake in shares of Ventas during the 1st quarter worth $25,000. Silvant Capital Management LLC acquired a new position in shares of Ventas during the 2nd quarter worth $28,000. Meeder Asset Management Inc. acquired a new position in shares of Ventas during the 2nd quarter worth $30,000. Western Wealth Management LLC acquired a new position in shares of Ventas during the 1st quarter worth $40,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Ventas in the 1st quarter valued at about $44,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.

About Ventas

Ventas, Inc (NYSE: VTR) is a real estate investment trust focused on healthcare and senior housing properties. The company owns, manages and develops a diversified portfolio of healthcare-related real estate, including senior living communities, medical office buildings, life science and innovation centers, and other properties serving healthcare providers and institutions.

Ventas generally leases its properties to healthcare operators, physicians, health systems, universities and research organizations.