Deutsche Bank Aktiengesellschaft Increases Ventas (NYSE:VTR) Price Target to $67.00

Ventas (NYSE:VTRGet Rating) had its target price lifted by investment analysts at Deutsche Bank Aktiengesellschaft from $64.00 to $67.00 in a report released on Wednesday, The Fly reports. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 15.72% from the stock’s previous close.

VTR has been the topic of several other research reports. Royal Bank of Canada increased their price objective on Ventas from $61.00 to $62.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 9th. Bank of America upgraded Ventas from a “neutral” rating to a “buy” rating and set a $65.00 price objective on the stock in a research report on Friday, March 11th. BMO Capital Markets upgraded Ventas from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $57.00 to $67.00 in a research report on Friday, March 11th. Morgan Stanley increased their target price on Ventas from $56.50 to $61.50 in a report on Thursday, March 17th. Finally, Credit Suisse Group initiated coverage on Ventas in a report on Tuesday, February 1st. They set a “neutral” rating and a $53.00 target price on the stock. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Ventas presently has a consensus rating of “Buy” and an average price target of $62.97.

VTR opened at $57.90 on Wednesday. Ventas has a 1-year low of $45.44 and a 1-year high of $64.02. The stock’s fifty day simple moving average is $58.66 and its 200 day simple moving average is $54.26. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.10. The stock has a market cap of $23.13 billion, a PE ratio of 413.60, a price-to-earnings-growth ratio of 3.25 and a beta of 1.17.

Ventas (NYSE:VTRGet Rating) last posted its quarterly earnings results on Thursday, February 17th. The real estate investment trust reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.07). Ventas had a net margin of 1.28% and a return on equity of 0.46%. During the same period in the prior year, the firm posted $0.83 earnings per share. Equities analysts forecast that Ventas will post 3.05 earnings per share for the current year.

In other news, CEO Debra A. Cafaro sold 69,602 shares of the firm’s stock in a transaction dated Tuesday, March 29th. The stock was sold at an average price of $63.40, for a total transaction of $4,412,766.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 17,400 shares of the firm’s stock in a transaction dated Friday, April 1st. The stock was sold at an average price of $62.49, for a total value of $1,087,326.00. The disclosure for this sale can be found here. Insiders have sold 121,802 shares of company stock worth $7,447,849 over the last three months. Insiders own 1.30% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Janney Montgomery Scott LLC boosted its position in shares of Ventas by 5.2% during the third quarter. Janney Montgomery Scott LLC now owns 13,030 shares of the real estate investment trust’s stock valued at $719,000 after buying an additional 648 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of Ventas by 100.0% in the third quarter. Nordea Investment Management AB now owns 42,898 shares of the real estate investment trust’s stock valued at $2,394,000 after buying an additional 21,449 shares during the period. Victory Capital Management Inc. raised its stake in shares of Ventas by 2.0% in the third quarter. Victory Capital Management Inc. now owns 480,266 shares of the real estate investment trust’s stock valued at $26,515,000 after buying an additional 9,499 shares during the period. Allworth Financial LP raised its stake in shares of Ventas by 24.3% in the third quarter. Allworth Financial LP now owns 1,040 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 203 shares during the period. Finally, New York State Common Retirement Fund raised its stake in shares of Ventas by 4.2% during the 3rd quarter. New York State Common Retirement Fund now owns 463,635 shares of the real estate investment trust’s stock valued at $25,597,000 after purchasing an additional 18,594 shares during the period. Institutional investors and hedge funds own 92.62% of the company’s stock.

About Ventas (Get Rating)

Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries – healthcare and real estate. As one of the world's foremost Real Estate Investment Trusts (REIT), we use the power of capital to unlock the value of real estate, partnering with leading care providers, developers, research and medical institutions, innovators and healthcare organizations whose success is buoyed by the demographic tailwind of an aging population.

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