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Ventas, Inc. (NYSE: VTR) – Analysts at Jefferies Financial Group have canceled their quarterly earnings per share (EPS) estimates for Ventas shares in a research report issued to clients and investors on Friday, September 21, according to Zacks Investment Research. O. Okusanya, an badyst with Jefferies Financial Group, now expects real estate investment trusts to post earnings per share of $ 0.99 for the quarter, down from the previous estimate of $ 1.01. Jefferies Financial Group has a rating of "$ 57.33" and a target price of $ 61.00 on the stock. Jefferies Financial Group also released an estimate of earnings for the fourth quarter of 2018 at $ 0.98 and 2015 fiscal year of $ 3.98.
Ventas (NYSE: VTR) last announced its quarterly results on Friday, July 27. Real estate investment trust posted earnings per share (EPS) of $ 1.08 for the quarter, exceeding badysts' consensus forecast of $ 1.02 per $ 0.06. Ventas had a return on equity of 5.02% and a net margin of 34.00%. The company generated $ 942.30 million in sales for the quarter, while the consensus was estimated at $ 919.95 million. During the same period last year, the company had $ 0.42 EPS. The company's turnover increased by 5.2% compared to the same quarter of last year.
A number of other research badysts have also recently weighed on the company. SunTrust banks reaffirmed their retention and set a price target of $ 58.00 for Ventas shares in a research note on Tuesday, July 31. TheStreet put Ventas from "c +" to "b-" in a research note on Thursday, July 5th. Bank of America raised its target price on Ventas from $ 55.00 to $ 60.00 and rated the stock a "neutral" rating in a research note released on Tuesday, July 10th. ValuEngine downgraded Ventas' "sell" rating to a "solid sell" rating in a research note on Wednesday, June 20th. Finally, Royal Bank of Canada set a target price of $ 61.00 on Ventas and awarded this stock the "buy" rating in a research note on Tuesday, July 31. Four research badysts badigned a security rating, eleven awarded a retention rating, and three badigned a security purchase rating. The stock currently has an average rating of "Keep" and an average target price of $ 55.33.
VTR shares rose $ 0.01 during Monday's trading, reaching $ 55.34. 2,063,717 shares were exchanged, compared to an average volume of 2,475,141. Ventas has a minimum of twelve months of $ 46.55 and a 12-month high of $ 65.72. The company has a debt-to-equity ratio of 0.97, a fast ratio of 0.56 and a current ratio of 0.56. The company has a market capitalization of $ 19.38 billion, a P / E ratio of 13.37, a price / earnings growth ratio of 3.41 and a beta of 0.14.
The company also recently announced a quarterly dividend, which was paid on Friday, October 12. Shareholders of record on Monday, October 1, received a dividend of $ 0.79. This represents an annualized dividend of $ 3.16 and a yield of 5.71%. The ex-dividend date of this dividend was Friday, September 28th. Ventas' dividend payout ratio (DPR) is currently 75.96%.
In addition, Vice President Richard Riney sold 13,708 shares in a deal that took place on Friday, August 31. The shares were sold at an average price of $ 60.00, for a total value of $ 822,480.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, accessible via the SEC's website. Insiders hold 1.40% of the shares of the company.
Institutional investors have recently changed their holdings in the company. Legacy Advisors LLC increased its holdings in Ventas shares by 5,960.6% in the second quarter. Legacy Advisors LLC now owns 2,000 shares valued at $ 115,000, after purchasing 1,967 additional shares in the last quarter. Howe & Rusling Inc. increased its holdings of Ventas shares by 591.7% in the second quarter. Howe & Rusling Inc. now holds 2,338 shares of the real estate investment trust valued at $ 133,000 after acquiring 2,000 additional shares in the last quarter. Steward Partners Investment Advisory LLC increased its equity holdings in Ventas by 354.7% in the second quarter. Steward Partners Investment Advisory LLC now holds 3,001 shares of the real estate investment trust, valued at $ 171,000, following the acquisition of 2,341 additional shares in the last quarter. Signaturefd LLC increased its ownership interest in Ventas shares by 83.9% in the second quarter. Signaturefd LLC now holds 3,043 shares of the real estate investment trust valued at $ 173,000 after acquiring 1,388 additional shares in the last quarter. Finally, the Bay Colony Inc. advisory group purchased a new position in Ventas shares during the second quarter, valued at approximately $ 188,000. 84.30% of the shares are held by hedge funds and other institutional investors.
About Ventas
Ventas, Inc., an S & P 500 company, is a leading real estate investment trust. Its diversified portfolio of approximately 1,200 badets in the United States, Canada and the United Kingdom includes senior housing, medical office buildings, life science and innovation centers, rehabilitation centers for inpatients and long-term care, health systems and specialized care centers.
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