Royal Bank Of Canada reiterated their buy rating on shares of Ventas, Inc. (NYSE:VTR) in a research note issued to investors on Wednesday morning.

VTR has been the subject of a number of other reports. BidaskClub upgraded Ventas from a hold rating to a buy rating in a research note on Saturday, June 17th. Jefferies Group LLC reiterated a hold rating and issued a $66.00 price target on shares of Ventas in a research note on Tuesday, August 29th. Mizuho reiterated a neutral rating on shares of Ventas in a research note on Wednesday, June 28th. Finally, Mitsubishi UFJ Financial Group initiated coverage on Ventas in a research note on Wednesday, June 21st. They issued a hold rating and a $67.00 price target for the company. Five research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of $64.57.

Shares of Ventas (NYSE:VTR) opened at 68.35 on Wednesday. The firm has a market capitalization of $24.34 billion, a PE ratio of 34.63 and a beta of 0.08. Ventas has a 1-year low of $56.20 and a 1-year high of $73.86. The stock has a 50 day moving average price of $67.12 and a 200 day moving average price of $66.01.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, July 28th. The real estate investment trust reported $1.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.61. Ventas had a return on equity of 6.31% and a net margin of 20.08%. The company had revenue of $895.49 million during the quarter, compared to analysts’ expectations of $890.01 million. During the same period in the prior year, the company earned $0.42 EPS. Ventas’s revenue was up 5.6% compared to the same quarter last year. Equities research analysts anticipate that Ventas will post $1.82 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “Ventas, Inc. (VTR) Receives Buy Rating from Royal Bank Of Canada” was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright laws. The original version of this piece can be accessed at https://theolympiareport.com/2017/09/07/ventas-inc-vtr-receives-buy-rating-from-royal-bank-of-canada.html.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Tuesday, September 12th will be issued a $0.775 dividend. The ex-dividend date is Monday, September 11th. This represents a $3.10 dividend on an annualized basis and a yield of 4.54%. Ventas’s payout ratio is 157.36%.

In related news, Chairman Debra A. Cafaro sold 100,000 shares of the stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $69.12, for a total value of $6,912,000.00. Following the completion of the sale, the chairman now directly owns 819,835 shares in the company, valued at $56,666,995.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.30% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cribstone Capital Management LLC increased its holdings in Ventas by 1.5% in the second quarter. Cribstone Capital Management LLC now owns 1,922 shares of the real estate investment trust’s stock valued at $134,000 after purchasing an additional 28 shares during the period. Bronfman E.L. Rothschild L.P. increased its holdings in Ventas by 48.0% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,003 shares of the real estate investment trust’s stock valued at $139,000 after purchasing an additional 650 shares during the period. Benjamin F. Edwards & Company Inc. increased its holdings in Ventas by 2.7% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 2,436 shares of the real estate investment trust’s stock valued at $158,000 after purchasing an additional 65 shares during the period. Northern Capital Management LLC acquired a new stake in Ventas in the second quarter valued at $202,000. Finally, Honkamp Krueger Financial Services Inc. acquired a new stake in Ventas in the second quarter valued at $203,000. Institutional investors and hedge funds own 89.36% of the company’s stock.

About Ventas

Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.

Analyst Recommendations for Ventas (NYSE:VTR)

Receive News & Ratings for Ventas Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.