Shares of Ventas Inc. (NYSE:VTR) fell 1.5% during trading on Tuesday . The stock traded as low as $71.71 and last traded at $72.08, with a volume of 1,360,178 shares trading hands. The stock had previously closed at $73.20.

Several brokerages recently commented on VTR. Evercore ISI increased their price objective on shares of Ventas from $52.00 to $57.00 and gave the company a “hold” rating in a research report on Monday, March 21st. Citigroup Inc. increased their price objective on shares of Ventas from $64.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, July 7th. BMO Capital Markets reissued a “hold” rating on shares of Ventas in a research report on Saturday, April 30th. Barclays PLC reissued a “hold” rating and set a $64.00 price objective on shares of Ventas in a research report on Thursday, July 7th. Finally, Hilliard Lyons downgraded shares of Ventas from a “buy” rating to a “neutral” rating in a research report on Friday, April 29th. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $64.00.

The firm has a 50-day moving average of $69.63 and a 200 day moving average of $61.72. The firm has a market cap of $24.24 billion and a PE ratio of 54.2595.

Ventas (NYSE:VTR) last released its quarterly earnings data on Friday, April 29th. The real estate investment trust reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.01. The firm earned $852.30 million during the quarter, compared to the consensus estimate of $833.89 million. During the same quarter in the previous year, the firm earned $0.97 earnings per share. The business’s revenue was up 5.8% compared to the same quarter last year. On average, equities analysts expect that Ventas Inc. will post $4.14 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Monday, June 6th were paid a $0.73 dividend. The ex-dividend date was Thursday, June 2nd. This represents a $2.92 annualized dividend and a yield of 4.05%.

A number of institutional investors recently bought and sold shares of the stock. First Trust Advisors LP raised its position in Ventas by 6.4% in the fourth quarter. First Trust Advisors LP now owns 129,290 shares of the real estate investment trust’s stock valued at $7,296,000 after buying an additional 7,777 shares during the period. TD Asset Management Inc. raised its position in Ventas by 2.7% in the fourth quarter. TD Asset Management Inc. now owns 150,039 shares of the real estate investment trust’s stock valued at $8,467,000 after buying an additional 3,900 shares during the period. Commerzbank Aktiengesellschaft FI raised its position in Ventas by 28.3% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 48,368 shares of the real estate investment trust’s stock valued at $2,729,000 after buying an additional 10,656 shares during the period. Profund Advisors LLC raised its position in Ventas by 15.7% in the fourth quarter. Profund Advisors LLC now owns 25,346 shares of the real estate investment trust’s stock valued at $1,430,000 after buying an additional 3,431 shares during the period. Finally, New York State Common Retirement Fund raised its position in Ventas by 2.3% in the fourth quarter. New York State Common Retirement Fund now owns 805,975 shares of the real estate investment trust’s stock valued at $45,481,000 after buying an additional 18,050 shares during the period.

Ventas, Inc is a real estate investment trust (REIT). The Company has a portfolio of seniors housing and healthcare 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 MOB operations.

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