Ventas Inc. (NYSE:VTR) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $73.99 and last traded at $73.98, with a volume of 429,888 shares changing hands. The stock had previously closed at $73.31.

A number of equities research analysts have issued reports on VTR shares. Mizuho reaffirmed a “buy” rating and set a $71.00 price objective (up from $66.00) on shares of Ventas in a report on Tuesday, April 5th. Jefferies Group raised their target price on shares of Ventas to $58.00 and gave the company a “hold” rating in a report on Thursday, April 7th. Goldman Sachs Group Inc. lowered shares of Ventas from a “buy” rating to a “neutral” rating and set a $60.00 target price for the company. in a report on Thursday, March 24th. BMO Capital Markets reissued a “market perform” rating and issued a $69.00 target price on shares of Ventas in a report on Wednesday, July 6th. Finally, Hilliard Lyons lowered shares of Ventas from a “buy” rating to a “neutral” rating in a report on Friday, April 29th. Ten research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $64.00.

The firm has a 50 day moving average of $70.60 and a 200-day moving average of $62.34. The firm has a market capitalization of $25.05 billion and a price-to-earnings ratio of 56.090.

Ventas (NYSE:VTR) last posted its quarterly earnings data on Friday, April 29th. The real estate investment trust reported $1.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.03 by $0.01. The firm earned $852.30 million during the quarter, compared to analyst estimates of $833.89 million. During the same period in the prior year, the company posted $0.97 earnings per share. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. Analysts predict that Ventas Inc. will post $4.15 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Monday, June 6th were paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 3.98%. The ex-dividend date was Thursday, June 2nd.

A number of hedge funds and institutional investors have recently bought and sold shares of the stock. BOKF NA increased its position in Ventas by 2.6% in the fourth quarter. BOKF NA now owns 18,932 shares of the real estate investment trust’s stock valued at $1,069,000 after buying an additional 475 shares in the last quarter. Tredje AP fonden increased its position in Ventas by 1.7% in the fourth quarter. Tredje AP fonden now owns 20,049 shares of the real estate investment trust’s stock valued at $1,131,000 after buying an additional 328 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Ventas by 1.8% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 21,756 shares of the real estate investment trust’s stock valued at $1,228,000 after buying an additional 393 shares in the last quarter. Flippin Bruce & Porter Inc. increased its position in Ventas by 7.2% in the fourth quarter. Flippin Bruce & Porter Inc. now owns 32,885 shares of the real estate investment trust’s stock valued at $1,856,000 after buying an additional 2,205 shares in the last quarter. Finally, GAM Holding AG increased its position in Ventas by 23.9% in the fourth quarter. GAM Holding AG now owns 48,725 shares of the real estate investment trust’s stock valued at $2,750,000 after buying an additional 9,388 shares in the last quarter.

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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