Ventas (NYSE:VTR) Price Target Raised to $75.00 at Mizuho

Ventas (NYSE:VTR) had its target price upped by research analysts at Mizuho from $68.00 to $75.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s target price points to a potential upside of 9.04% from the stock’s current price.

Several other equities research analysts have also recently issued reports on VTR. Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th. Argus set a $75.00 target price on Ventas in a report on Friday, March 7th. JPMorgan Chase & Co. lifted their target price on Ventas from $71.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, March 7th. Morgan Stanley boosted their price objective on Ventas from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 11th. Finally, Royal Bank of Canada boosted their price objective on Ventas from $70.00 to $74.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 25th. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $72.90.

Ventas Stock Up 2.8 %

Ventas stock opened at $68.78 on Tuesday. The firm has a market cap of $30.07 billion, a price-to-earnings ratio of 362.04, a PEG ratio of 2.59 and a beta of 1.37. The stock has a fifty day simple moving average of $63.21 and a two-hundred day simple moving average of $62.96. Ventas has a 12 month low of $41.45 and a 12 month high of $71.04. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.81 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. Equities analysts predict that Ventas will post 3.4 EPS for the current fiscal year.

Insider Buying and Selling at Ventas

In related news, CAO Gregory R. Liebbe sold 3,866 shares of Ventas stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $63.00, for a total value of $243,558.00. Following the sale, the chief accounting officer now directly owns 11,371 shares in the company, valued at approximately $716,373. The trade was a 25.37 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Debra A. Cafaro sold 214,679 shares of Ventas stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $68.22, for a total value of $14,645,401.38. Following the completion of the sale, the chief executive officer now owns 1,138,143 shares in the company, valued at approximately $77,644,115.46. The trade was a 15.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 260,227 shares of company stock worth $17,769,097. Insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Ventas

Several institutional investors have recently bought and sold shares of VTR. Norges Bank acquired a new stake in Ventas in the 4th quarter worth about $340,282,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Ventas by 862.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust’s stock worth $252,160,000 after purchasing an additional 3,523,594 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Ventas by 105.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock worth $347,605,000 after purchasing an additional 2,778,408 shares during the last quarter. Northern Trust Corp raised its position in shares of Ventas by 60.8% during the 4th quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust’s stock valued at $365,563,000 after buying an additional 2,347,705 shares during the period. Finally, Rush Island Management LP raised its position in shares of Ventas by 130.6% during the 4th quarter. Rush Island Management LP now owns 3,097,830 shares of the real estate investment trust’s stock valued at $182,431,000 after buying an additional 1,754,494 shares during the period. 94.18% of the stock is currently owned by institutional investors and hedge funds.

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.