TheStreet Downgrades Ventas (NYSE:VTR) to C+

Ventas (NYSE:VTR) was downgraded by stock analysts at TheStreet from a “b-” rating to a “c+” rating in a report issued on Friday, TheStreetRatingsTable reports.

VTR has been the subject of a number of other reports. Stifel Nicolaus downgraded Ventas from a “buy” rating to a “hold” rating and cut their target price for the stock from $74.00 to $66.00 in a research report on Wednesday, October 30th. Berenberg Bank initiated coverage on Ventas in a research report on Thursday, September 12th. They issued a “hold” rating and a $72.00 target price for the company. Citigroup downgraded Ventas from a “buy” rating to a “neutral” rating and cut their target price for the stock from $76.00 to $67.00 in a research report on Monday, October 28th. BMO Capital Markets cut their target price on Ventas to $63.00 and set a “market perform” rating for the company in a research report on Friday, November 8th. Finally, Barclays initiated coverage on Ventas in a research report on Tuesday, September 3rd. They issued an “equal weight” rating and a $74.00 target price for the company. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and one has assigned a buy rating to the company. Ventas has an average rating of “Hold” and an average target price of $66.61.

Shares of NYSE VTR traded up $0.53 during midday trading on Friday, hitting $58.88. 78,624 shares of the company’s stock were exchanged, compared to its average volume of 2,771,645. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.72 and a quick ratio of 0.72. The stock’s 50 day moving average price is $67.55 and its 200-day moving average price is $68.35. The firm has a market cap of $21.73 billion, a P/E ratio of 14.45, a PEG ratio of 5.02 and a beta of 0.17. Ventas has a twelve month low of $56.52 and a twelve month high of $75.40.

Ventas (NYSE:VTR) last released its earnings results on Friday, October 25th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.71). The firm had revenue of $983.16 million during the quarter, compared to analyst estimates of $935.43 million. Ventas had a return on equity of 4.59% and a net margin of 12.73%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the company earned $0.99 earnings per share. On average, analysts expect that Ventas will post 3.84 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Achmea Investment Management B.V. increased its holdings in shares of Ventas by 34.9% in the second quarter. Achmea Investment Management B.V. now owns 38,751 shares of the real estate investment trust’s stock valued at $2,648,000 after buying an additional 10,028 shares in the last quarter. Coastal Investment Advisors Inc. increased its holdings in shares of Ventas by 530.6% in the second quarter. Coastal Investment Advisors Inc. now owns 5,076 shares of the real estate investment trust’s stock valued at $357,000 after buying an additional 4,271 shares in the last quarter. Eii Capital Management Inc. increased its holdings in shares of Ventas by 6.5% in the second quarter. Eii Capital Management Inc. now owns 72,438 shares of the real estate investment trust’s stock valued at $4,951,000 after buying an additional 4,427 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Ventas by 8.7% in the second quarter. Envestnet Asset Management Inc. now owns 595,403 shares of the real estate investment trust’s stock valued at $40,696,000 after buying an additional 47,832 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in shares of Ventas by 16.6% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 134,346 shares of the real estate investment trust’s stock valued at $9,183,000 after buying an additional 19,173 shares in the last quarter. 88.22% of the stock is currently owned by institutional investors.

Ventas Company Profile

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.

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Analyst Recommendations for Ventas (NYSE:VTR)

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