Ventas (NYSE:VTR) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Ventas (NYSE:VTR) had its price target boosted by investment analysts at Robert W. Baird from $65.00 to $66.00 in a report released on Friday,Benzinga reports. The firm currently has a “neutral” rating on the real estate investment trust’s stock. Robert W. Baird’s price objective indicates a potential upside of 14.33% from the company’s previous close.

Several other equities analysts also recently commented on VTR. Scotiabank boosted their target price on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a report on Friday, October 11th. Mizuho reduced their target price on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Wedbush restated an “outperform” rating and set a $75.00 price target on shares of Ventas in a report on Thursday. StockNews.com downgraded Ventas from a “hold” rating to a “sell” rating in a research report on Friday, December 13th. Finally, Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $65.67.

Ventas Trading Down 1.7 %

Shares of VTR stock opened at $57.73 on Friday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a fifty day simple moving average of $63.44 and a two-hundred day simple moving average of $59.21. The firm has a market capitalization of $24.22 billion, a PE ratio of -339.57, a PEG ratio of 2.78 and a beta of 1.36. Ventas has a 52-week low of $41.45 and a 52-week high of $67.61.

Insider Activity

In other news, CEO Debra A. Cafaro sold 121,248 shares of the business’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $65,291,063.89. The trade was a 10.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Ventas

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Global X Japan Co. Ltd. bought a new stake in shares of Ventas during the third quarter valued at approximately $48,000. Morse Asset Management Inc bought a new position in Ventas in the third quarter worth approximately $64,000. Hanseatic Management Services Inc. purchased a new position in Ventas during the 3rd quarter worth $74,000. Tobam bought a new stake in Ventas during the 3rd quarter valued at $79,000. Finally, Brooklyn Investment Group bought a new stake in Ventas during the 3rd quarter valued at $80,000. 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.