Ventas Inc. (NYSE:VTR) dropped 2.3% on Friday . The stock traded as low as $71.45 and last traded at $71.81, with a volume of 1,152,838 shares traded. The stock had previously closed at $73.53.

VTR has been the topic of several research reports. Hilliard Lyons lowered shares of Ventas from a “buy” rating to a “neutral” rating in a research note on Friday, April 29th. BMO Capital Markets reiterated a “hold” rating on shares of Ventas in a research note on Saturday, April 30th. Barclays PLC increased their price objective on shares of Ventas from $59.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Monday, May 2nd. Zacks Investment Research upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Tuesday, May 3rd. Finally, Deutsche Bank AG increased their price objective on shares of Ventas from $56.00 to $58.00 and gave the stock a “hold” rating in a research note on Thursday, May 12th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $64.67.

The firm has a market capitalization of $25.35 billion and a PE ratio of 55.54. The firm has a 50 day moving average price of $73.50 and a 200 day moving average price of $65.72.

Ventas (NYSE:VTR) last issued its earnings results on Friday, July 29th. The real estate investment trust reported $1.04 earnings per share for the quarter, meeting the consensus estimate of $1.04. The business had revenue of $848.50 million for the quarter, compared to analyst estimates of $845.40 million. During the same quarter last year, the firm posted $1.18 earnings per share. Ventas’s revenue was up 4.5% on a year-over-year basis. On average, equities analysts predict that Ventas Inc. will post $4.12 EPS for the current fiscal year.

In other Ventas news, EVP John D. Cobb sold 60,000 shares of the business’s stock in a transaction dated Tuesday, August 2nd. The shares were sold at an average price of $75.05, for a total value of $4,503,000.00. Following the transaction, the executive vice president now directly owns 66,256 shares in the company, valued at $4,972,512.80. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Gregory R. Liebbe sold 6,943 shares of the business’s stock in a transaction dated Friday, August 19th. The shares were sold at an average price of $73.20, for a total transaction of $508,227.60. Following the completion of the transaction, the senior vice president now owns 7,585 shares in the company, valued at $555,222. The disclosure for this sale can be found here.

A number of institutional investors have recently added to or reduced their stakes in VTR. Dimensional Fund Advisors LP raised its position in Ventas by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,237,451 shares of the real estate investment trust’s stock worth $239,120,000 after buying an additional 58,605 shares during the period. Schwab Charles Investment Management Inc. raised its position in Ventas by 1.4% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,963,261 shares of the real estate investment trust’s stock worth $110,787,000 after buying an additional 27,382 shares during the period. BlackRock Advisors LLC raised its position in Ventas by 38.5% in the fourth quarter. BlackRock Advisors LLC now owns 642,276 shares of the real estate investment trust’s stock worth $36,244,000 after buying an additional 178,431 shares during the period. Schroder Investment Management Group raised its position in Ventas by 410.7% in the fourth quarter. Schroder Investment Management Group now owns 329,152 shares of the real estate investment trust’s stock worth $18,574,000 after buying an additional 264,701 shares during the period. Finally, KBC Group NV raised its position in Ventas by 5.4% in the fourth quarter. KBC Group NV now owns 97,010 shares of the real estate investment trust’s stock worth $5,474,000 after buying an additional 4,976 shares during the period.

Ventas, Inc is a healthcare 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 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.

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