Ventas (NYSE:VTR) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Ventas (NYSE:VTR - Get Free Report) had its price target boosted by JPMorgan Chase & Co. from $71.00 to $73.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a "neutral" rating on the real estate investment trust's stock. JPMorgan Chase & Co.'s target price points to a potential upside of 7.60% from the stock's current price.

A number of other equities analysts have also commented on the company. Argus raised Ventas from a "hold" rating to a "buy" rating in a research note on Friday. Mizuho cut their price objective on Ventas from $71.00 to $68.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Scotiabank lifted their price objective on Ventas from $69.00 to $72.00 and gave the stock a "sector perform" rating in a research note on Friday, February 28th. Baird R W raised Ventas from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 17th. Finally, Wedbush lifted their price objective on Ventas from $69.00 to $78.00 and gave the stock an "outperform" rating in a research note on Friday, February 14th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $71.38.

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Ventas Trading Up 0.2 %

Shares of VTR stock traded up $0.15 during mid-day trading on Friday, reaching $67.84. 2,195,499 shares of the stock traded hands, compared to its average volume of 2,367,609. The stock's fifty day simple moving average is $62.15 and its two-hundred day simple moving average is $62.64. Ventas has a 1-year low of $41.45 and a 1-year high of $71.04. The company has a market cap of $29.66 billion, a price-to-earnings ratio of 357.09, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.25.

Ventas (NYSE:VTR - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. On average, research analysts anticipate that Ventas will post 3.4 EPS for the current fiscal year.

Insider Activity

In other news, CEO Debra A. Cafaro sold 214,679 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $68.22, for a total transaction 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 $77,644,115.46. The trade was a 15.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Gregory R. Liebbe sold 3,866 shares of the business's stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total value of $243,558.00. Following the sale, the chief accounting officer now owns 11,371 shares of the company's stock, valued at approximately $716,373. This represents a 25.37 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 260,227 shares of company stock worth $17,769,097 over the last quarter. 1.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ventas

Several institutional investors have recently bought and sold shares of the stock. DoubleLine ETF Adviser LP grew its holdings in Ventas by 0.6% during the fourth quarter. DoubleLine ETF Adviser LP now owns 29,695 shares of the real estate investment trust's stock worth $1,749,000 after buying an additional 171 shares in the last quarter. D.A. Davidson & CO. grew its holdings in Ventas by 0.5% during the fourth quarter. D.A. Davidson & CO. now owns 34,973 shares of the real estate investment trust's stock worth $2,060,000 after buying an additional 172 shares in the last quarter. Personal CFO Solutions LLC grew its holdings in Ventas by 3.4% during the fourth quarter. Personal CFO Solutions LLC now owns 5,186 shares of the real estate investment trust's stock worth $305,000 after buying an additional 172 shares in the last quarter. Global Retirement Partners LLC grew its holdings in Ventas by 17.0% during the fourth quarter. Global Retirement Partners LLC now owns 1,221 shares of the real estate investment trust's stock worth $72,000 after buying an additional 177 shares in the last quarter. Finally, HighPoint Advisor Group LLC grew its holdings in Ventas by 2.8% during the fourth quarter. HighPoint Advisor Group LLC now owns 6,644 shares of the real estate investment trust's stock worth $396,000 after buying an additional 181 shares in 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.