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

Ventas (NYSE:VTR - Get Free Report) had its price target upped by equities research analysts at Mizuho from $68.00 to $75.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has an "outperform" rating on the real estate investment trust's stock. Mizuho's price target indicates a potential upside of 12.10% from the company's current price.

A number of other research firms have also weighed in on VTR. Morgan Stanley raised their price objective on shares of Ventas from $65.00 to $70.00 and gave the company an "equal weight" rating in a research note on Tuesday, March 11th. Argus set a $75.00 price objective on shares of Ventas in a research note on Friday, March 7th. Wells Fargo & Company raised their price objective on shares of Ventas from $72.00 to $77.00 and gave the company an "overweight" rating in a research note on Monday, March 10th. Royal Bank of Canada raised their price objective on shares of Ventas from $70.00 to $74.00 and gave the company an "outperform" rating in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Ventas from $71.00 to $73.00 and gave the company a "neutral" rating in a research note on Friday, March 7th. Four analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $72.90.

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Ventas Stock Down 1.2 %

NYSE VTR traded down $0.80 on Tuesday, hitting $66.91. 10,422,648 shares of the company were exchanged, compared to its average volume of 2,409,318. The company has a market cap of $29.25 billion, a PE ratio of 352.16, a PEG ratio of 2.59 and a beta of 1.37. Ventas has a 12 month low of $41.45 and a 12 month high of $71.04. The stock has a fifty day moving average of $64.00 and a 200-day moving average of $63.10. 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 - Get Free Report) last issued its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. As a group, analysts forecast that Ventas will post 3.4 earnings per share for the current year.

Insiders Place Their Bets

In other Ventas news, CEO Debra A. Cafaro sold 388 shares of Ventas stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $71.00, for a total value of $27,548.00. Following the sale, the chief executive officer now owns 1,128,143 shares of the company's stock, valued at approximately $80,098,153. The trade was a 0.03 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction of $243,558.00. Following the completion of the sale, the chief accounting officer now directly owns 11,371 shares in the company, valued at approximately $716,373. This represents a 25.37 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 260,227 shares of company stock valued at $17,769,097. Company insiders own 1.00% of the company's stock.

Institutional Trading of Ventas

Hedge funds and other institutional investors have recently modified their holdings of the business. ST Germain D J Co. Inc. bought a new stake in shares of Ventas in the fourth quarter valued at approximately $27,000. Harbor Capital Advisors Inc. raised its position in shares of Ventas by 66.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust's stock valued at $31,000 after purchasing an additional 210 shares during the period. Promus Capital LLC bought a new stake in shares of Ventas in the fourth quarter valued at approximately $38,000. New Wave Wealth Advisors LLC bought a new stake in shares of Ventas in the fourth quarter valued at approximately $41,000. Finally, SRS Capital Advisors Inc. raised its position in shares of Ventas by 1,039.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust's stock valued at $48,000 after purchasing an additional 738 shares during the period. 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.