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

A number of analysts have commented on VTR shares. Zacks Investment Research raised shares of Ventas from a “hold” rating to a “buy” rating and set a $82.00 target price for the company in a report on Wednesday. Mizuho lifted their target price on shares of Ventas from $71.00 to $82.00 and gave the stock a “buy” rating in a report on Wednesday, July 6th. Barclays PLC started coverage on shares of Ventas in a report on Wednesday, June 1st. They set an “equal weight” rating and a $59.00 target price for the company. Deutsche Bank AG lifted their target price on shares of Ventas from $56.00 to $58.00 and gave the stock a “hold” rating in a report on Thursday, May 12th. Finally, Argus started coverage on shares of Ventas in a report on Wednesday, July 13th. They set a “hold” rating for the company. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Ventas presently has a consensus rating of “Hold” and a consensus target price of $64.00.

The company has a 50 day moving average of $70.83 and a 200 day moving average of $62.46. The firm has a market cap of $24.98 billion and a PE ratio of 55.93.

Ventas (NYSE:VTR) last released its quarterly earnings results on Friday, April 29th. The real estate investment trust reported $1.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.03 by $0.01. The business had revenue of $852.30 million for the quarter, compared to the consensus estimate of $833.89 million. During the same period in the previous year, the business posted $0.97 EPS. Ventas’s revenue was up 5.8% on a year-over-year basis. Equities analysts anticipate that Ventas Inc. will post $4.15 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Monday, June 6th were paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 3.95%. The ex-dividend date of this dividend was Thursday, June 2nd.

Other institutional investors have added to or reduced their stakes in the company. 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 during 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 during the last quarter. 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 during 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 during the last quarter. Finally, Gulf International Bank UK Ltd increased its position in Ventas by 3.1% in the fourth quarter. Gulf International Bank UK Ltd now owns 96,116 shares of the real estate investment trust’s stock valued at $5,424,000 after buying an additional 2,900 shares during 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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