UBS Downgrades Ventas (VTR) to Underperform

Ventas (NYSE:VTR) was downgraded by stock analysts at UBS from a “market perform” rating to an “underperform” rating in a report released on Monday.

Other equities research analysts have also recently issued research reports about the company. Capital One Financial upgraded Ventas from an “equal weight” rating to an “overweight” rating in a research note on Monday, October 30th. BMO Capital Markets reiterated a “sell” rating and set a $62.00 price objective on shares of Ventas in a research note on Wednesday, October 18th. BidaskClub upgraded Ventas from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 17th. Bank of America cut Ventas from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $72.00 to $71.00 in a research note on Friday, September 22nd. Finally, KeyCorp reiterated a “sell” rating and set a $55.00 price objective on shares of Ventas in a research note on Sunday, September 17th. Eight research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. Ventas currently has an average rating of “Hold” and a consensus price target of $64.44.

Shares of Ventas (NYSE VTR) opened at $62.73 on Monday. Ventas has a 12 month low of $58.96 and a 12 month high of $72.36. The stock has a market capitalization of $23,082.98, a P/E ratio of 15.54, a PEG ratio of 4.18 and a beta of 0.08. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.46 and a current ratio of 1.46.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.60). Ventas had a return on equity of 6.34% and a net margin of 32.96%. The company had revenue of $899.90 million for the quarter, compared to the consensus estimate of $893.18 million. During the same quarter in the prior year, the company earned $1.03 EPS. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. research analysts forecast that Ventas will post 4.16 earnings per share for the current year.

Hedge funds have recently bought and sold shares of the stock. Intl Fcstone Inc. acquired a new position in shares of Ventas during the 2nd quarter worth approximately $691,000. JPMorgan Chase & Co. increased its holdings in shares of Ventas by 102.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,041,712 shares of the real estate investment trust’s stock worth $280,817,000 after acquiring an additional 2,049,815 shares during the last quarter. Bradley Foster & Sargent Inc. CT grew its holdings in Ventas by 7.6% in the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 44,010 shares of the real estate investment trust’s stock valued at $3,058,000 after buying an additional 3,121 shares in the last quarter. Community Financial Services Group LLC grew its holdings in Ventas by 1.6% in the 3rd quarter. Community Financial Services Group LLC now owns 108,563 shares of the real estate investment trust’s stock valued at $7,071,000 after buying an additional 1,718 shares in the last quarter. Finally, Swiss National Bank grew its holdings in Ventas by 3.0% in the 2nd quarter. Swiss National Bank now owns 1,423,080 shares of the real estate investment trust’s stock valued at $98,876,000 after buying an additional 41,800 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

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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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