The stock of Ventas, Inc. (NYSE:VTR) is a huge mover today! About 3.02 million shares traded hands or 51.00% up from the average. Ventas, Inc. (NYSE:VTR) has risen 3.62% since April 6, 2016 and is uptrending. It has outperformed by 1.67% the S&P500.
The move comes after 9 months negative chart setup for the $22.72 billion company. It was reported on Nov, 8 by Barchart.com. We have $58.82 PT which if reached, will make NYSE:VTR worth $1.59B less.
Ventas, Inc. (NYSE:VTR) Ratings Coverage
Out of 11 analysts covering Ventas Inc. (NYSE:VTR), 1 rate it a “Buy”, 0 “Sell”, while 10 “Hold”. This means 9% are positive. Ventas Inc. has been the topic of 27 analyst reports since July 27, 2015 according to StockzIntelligence Inc. Mizuho maintained the shares of VTR in a report on Friday, September 4 with “Buy” rating. The firm has “Outperform” rating by BMO Capital Markets given on Monday, July 27. Raymond James initiated the shares of VTR in a report on Tuesday, July 26 with “Market Perform” rating. The rating was upgraded by Jefferies on Thursday, October 20 to “Buy”. The firm earned “Neutral” rating on Friday, May 20 by UBS. Barclays Capital maintained Ventas, Inc. (NYSE:VTR) rating on Monday, May 2. Barclays Capital has “Equal Weight” rating and $64 price target. The rating was maintained by Mizuho on Wednesday, November 11 with “Neutral”. The rating was initiated by Argus Research on Wednesday, July 13 with “Hold”. The rating was downgraded by Stifel Nicolaus to “Hold” on Tuesday, February 16. As per Monday, October 26, the company rating was downgraded by Mizuho.
According to Zacks Investment Research, “Ventas, Inc. is a healthcare real estate investment trust.”
Insitutional Activity: The institutional sentiment decreased to 1.26 in 2016 Q2. Its down 0.34, from 1.6 in 2016Q1. The ratio is negative, as 40 funds sold all Ventas, Inc. shares owned while 189 reduced positions. 58 funds bought stakes while 231 increased positions. They now own 309.67 million shares or 1.99% less from 315.96 million shares in 2016Q1.
River Road Asset Mngmt Ltd accumulated 983,158 shares or 1.52% of the stock. Bb&T Securities Ltd Liability Com holds 224,300 shares or 0.25% of its portfolio. Moreover, Liberty Mutual Asset Mngmt Inc has 0.06% invested in Ventas, Inc. (NYSE:VTR) for 23,494 shares. California State Teachers Retirement accumulated 730,005 shares or 0.11% of the stock. Rhumbline Advisers has 551,571 shares for 0.12% of their US portfolio. Thompson Siegel And Walmsley Limited holds 0% or 301 shares in its portfolio. Bruni J V And has invested 7.67% of its portfolio in Ventas, Inc. (NYSE:VTR). Point72 Asia (Hong Kong) accumulated 2,200 shares or 0.19% of the stock. Regent Inv Management Limited Liability has invested 0.27% of its portfolio in Ventas, Inc. (NYSE:VTR). Iab National Bank & Trust, a Indiana-based fund reported 26,210 shares. Pggm Investments accumulated 3.78 million shares or 1.41% of the stock. Fjarde Ap holds 0.13% or 78,292 shares in its portfolio. The Ontario – Canada-based Td Asset Mgmt has invested 0.02% in Ventas, Inc. (NYSE:VTR). Ladenburg Thalmann Fin Svcs Inc holds 71,967 shares or 0.08% of its portfolio. Cibc Asset Management, a Ontario – Canada-based fund reported 74,867 shares.
Insider Transactions: Since August 2, 2016, the stock had 0 buys, and 4 insider sales for $18.19 million net activity. 60,000 shares were sold by Cobb John D., worth $4.50 million on Tuesday, August 2. RINEY T RICHARD had sold 169,450 shares worth $12.37 million on Tuesday, August 16. CAFARO DEBRA A sold $807,562 worth of stock. Another trade for 6,943 shares valued at $508,225 was made by Liebbe Gregory R on Friday, August 19.
More news for Ventas, Inc. (NYSE:VTR) were recently published by: Seekingalpha.com, which released: “Time To Buy Ventas Already” on November 08, 2016. Seekingalpha.com‘s article titled: “Ventas slides as Kindred to exit SNF business” and published on November 08, 2016 is yet another important article.
VTR Company Profile
Ventas, Inc., incorporated on June 22, 1987, is a healthcare real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Firm operates through three divisions: triple-net leased properties, senior living activities and medical office building (MOB) operations. In its triple-net leased properties segment, the Company acquires and owns seniors housing and healthcare properties throughout the United States and the United Kingdom. Through its senior living activities segment, the Company invests in seniors housing communities throughout the United States and Canada, and engages independent operators to manage approximately 304 of its seniors housing communities. In its MOB activities segment, the Company primarily acquires, owns, develops, leases and manages MOBs. The Firm primarily invests in seniors housing and healthcare properties through acquisitions and leases its properties to unaffiliated tenants or operates them through independent third-party managers. It leases approximately 575 properties to various healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses, including maintenance, utilities, repairs, taxes, insurance and capital expenditures.
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