BMO Capital Markets set a $62.00 target price on Ventas, Inc. (NYSE:VTR) in a research note issued to investors on Friday morning. The brokerage currently has a sell rating on the real estate investment trust’s stock.

Several other equities research analysts also recently weighed in on VTR. BidaskClub downgraded shares of Ventas from a strong-buy rating to a buy rating in a research note on Saturday, July 8th. Jefferies Group LLC reissued a hold rating and set a $66.00 target price on shares of Ventas in a research report on Tuesday, August 29th. Royal Bank Of Canada reissued a buy rating on shares of Ventas in a research report on Wednesday, September 6th. KeyCorp reissued a sell rating and set a $55.00 target price on shares of Ventas in a research report on Sunday, September 17th. Finally, Bank of America Corporation downgraded shares of Ventas from a buy rating to a neutral rating and decreased their target price for the stock from $72.00 to $71.00 in a research report on Friday, September 22nd. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. Ventas currently has an average rating of Hold and a consensus price target of $64.20.

Ventas (NYSE:VTR) opened at 63.25 on Friday. The firm has a market capitalization of $22.53 billion, a price-to-earnings ratio of 32.04 and a beta of 0.09. Ventas has a 52 week low of $56.20 and a 52 week high of $72.36. The company has a 50-day moving average of $64.83 and a 200-day moving average of $66.52.

Ventas (NYSE:VTR) last posted its quarterly earnings results on Friday, October 27th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.60). Ventas had a net margin of 32.96% and a return on equity of 6.34%. The company had revenue of $899.90 million during the quarter, compared to the consensus estimate of $893.18 million. During the same period last year, the firm posted $1.03 earnings per share. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, equities analysts forecast that Ventas will post $1.86 earnings per share for the current fiscal year.

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A number of institutional investors have recently added to or reduced their stakes in VTR. JPMorgan Chase & Co. boosted its holdings in Ventas by 102.9% during the second quarter. JPMorgan Chase & Co. now owns 4,041,712 shares of the real estate investment trust’s stock worth $280,817,000 after purchasing an additional 2,049,815 shares during the last quarter. American Century Companies Inc. purchased a new position in Ventas during the second quarter worth about $82,604,000. Capital International Investors boosted its holdings in Ventas by 47.6% during the second quarter. Capital International Investors now owns 2,938,800 shares of the real estate investment trust’s stock worth $204,188,000 after purchasing an additional 947,370 shares during the last quarter. Uniplan Investment Counsel Inc. boosted its holdings in Ventas by 239.9% during the second quarter. Uniplan Investment Counsel Inc. now owns 1,323,636 shares of the real estate investment trust’s stock worth $27,443,000 after purchasing an additional 934,164 shares during the last quarter. Finally, BlackRock Inc. boosted its holdings in Ventas by 1.8% during the second quarter. BlackRock Inc. now owns 37,205,113 shares of the real estate investment trust’s stock worth $2,585,012,000 after purchasing an additional 671,502 shares during the last quarter. Institutional investors and hedge funds own 89.18% of the company’s stock.

Ventas Company Profile

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)

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