Mizuho Has Lowered Expectations for Ventas (NYSE:VTR) Stock Price

Ventas (NYSE:VTR) had its price target reduced by equities researchers at Mizuho from $71.00 to $68.00 in a report released on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s price target would indicate a potential upside of 10.31% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Scotiabank increased their price target on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Evercore ISI boosted their price target on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Wolfe Research upgraded Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Finally, Royal Bank of Canada lifted their target price on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $65.63.

Ventas Stock Down 0.8 %

Ventas stock opened at $61.65 on Thursday. Ventas has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The company has a market cap of $25.86 billion, a PE ratio of -362.62, a PEG ratio of 2.90 and a beta of 1.36. 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 business’s 50-day simple moving average is $64.02 and its two-hundred day simple moving average is $58.38.

Insider Transactions at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 6,004 shares of the firm’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $66.11, for a total transaction of $396,924.44. Following the completion of the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $65,231,860.87. This trade represents a 0.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total transaction of $389,940.00. Following the completion of the sale, the chief executive officer now owns 90,795 shares in the company, valued at approximately $5,900,767.05. This trade represents a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 133,252 shares of company stock worth $8,809,845 in the last ninety days. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp increased its stake in Ventas by 2.2% during the third quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock worth $1,710,426,000 after purchasing an additional 581,870 shares during the period. FMR LLC increased its holdings in Ventas by 4.4% during the 3rd quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock worth $1,498,385,000 after purchasing an additional 982,795 shares during the period. Geode Capital Management LLC raised its holdings in shares of Ventas by 2.4% in the 3rd quarter. Geode Capital Management LLC now owns 10,411,293 shares of the real estate investment trust’s stock valued at $665,559,000 after purchasing an additional 245,922 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Ventas by 1.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust’s stock worth $304,047,000 after purchasing an additional 96,482 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of Ventas by 105.2% during the third 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 in the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

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.