Ventas (VTR) Given Hold Rating at Jefferies Group
Ventas (NYSE:VTR)‘s stock had its “hold” rating reissued by equities research analysts at Jefferies Group in a research note issued on Tuesday. They currently have a $54.00 price objective on the real estate investment trust’s stock. Jefferies Group’s target price suggests a potential upside of 6.26% from the company’s previous close.
A number of other equities analysts have also weighed in on the stock. Citigroup decreased their price target on shares of Ventas from $66.00 to $52.00 and set a “neutral” rating on the stock in a report on Tuesday. Wells Fargo & Co set a $54.00 price target on shares of Ventas and gave the company a “hold” rating in a report on Tuesday. Stifel Nicolaus set a $56.00 price target on shares of Ventas and gave the company a “hold” rating in a report on Friday. SunTrust Banks set a $55.00 price target on shares of Ventas and gave the company a “hold” rating in a report on Friday. Finally, Mizuho set a $53.00 target price on shares of Ventas and gave the company a “hold” rating in a report on Friday. Eight investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. Ventas currently has a consensus rating of “Hold” and a consensus price target of $58.31.
Shares of Ventas (NYSE:VTR) traded up $0.36 on Tuesday, hitting $50.82. 2,330,042 shares of the company’s stock were exchanged, compared to its average volume of 3,079,577. The firm has a market cap of $18,010.00 and a price-to-earnings ratio of 28.58. Ventas has a 52 week low of $49.17 and a 52 week high of $72.36. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.46 and a current ratio of 1.20.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC increased its position in shares of Ventas by 1,945.6% in the 4th quarter. Valeo Financial Advisors LLC now owns 1,841 shares of the real estate investment trust’s stock worth $110,000 after purchasing an additional 1,751 shares during the last quarter. Aevitas Wealth Management Inc. bought a new stake in shares of Ventas in the 4th quarter worth about $114,000. Icon Wealth Partners LLC bought a new stake in shares of Ventas in the 4th quarter worth about $114,000. Amica Retiree Medical Trust bought a new stake in shares of Ventas in the 3rd quarter worth about $131,000. Finally, CENTRAL TRUST Co increased its position in shares of Ventas by 85.7% in the 4th quarter. CENTRAL TRUST Co now owns 2,357 shares of the real estate investment trust’s stock worth $141,000 after purchasing an additional 1,088 shares during the last quarter. 90.05% of the stock is owned by institutional investors.
TRADEMARK VIOLATION NOTICE: This report was originally reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this report on another site, it was stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this report can be accessed at https://theolympiareport.com/2018/02/13/ventas-vtr-given-hold-rating-at-jefferies-group.html.
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.
Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.