Ventas Target of Unusually Large Options Trading (NYSE:VTR)

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Ventas, Inc. (NYSE:VTR) was the recipient of some unusual options trading on Thursday. Investors purchased 8,998 call options on the stock. This represents an increase of approximately 860% compared to the typical daily volume of 937 call options.

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded Ventas from a “hold” rating to a “buy” rating and upped their price objective for the company from $61.00 to $66.00 in a research note on Tuesday, September 7th. Raymond James upgraded Ventas from an “outperform” rating to a “strong-buy” rating and upped their price objective for the company from $65.00 to $67.00 in a research note on Thursday, September 23rd. Morgan Stanley began coverage on Ventas in a report on Monday, October 4th. They set an “equal weight” rating and a $60.00 target price for the company. Citigroup raised Ventas from a “neutral” rating to a “buy” rating and set a $63.00 target price for the company in a report on Tuesday, December 14th. Finally, Sumitomo Mitsui Financial Group lowered Ventas from an “outperform” rating to a “neutral” rating and set a $55.00 target price for the company. in a report on Monday, November 22nd. Eight equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $60.63.

Hedge funds and other institutional investors have recently modified their holdings of the business. Financial Insights Inc. bought a new position in Ventas during the 2nd quarter valued at $26,000. MUFG Americas Holdings Corp acquired a new stake in shares of Ventas during the 3rd quarter valued at $27,000. US Asset Management LLC acquired a new stake in shares of Ventas during the 3rd quarter valued at $29,000. D Orazio & Associates Inc. acquired a new stake in shares of Ventas during the 3rd quarter valued at $30,000. Finally, FourThought Financial LLC lifted its position in shares of Ventas by 135.1% during the 3rd quarter. FourThought Financial LLC now owns 590 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 339 shares during the last quarter. 91.41% of the stock is owned by hedge funds and other institutional investors.

Shares of VTR stock opened at $51.36 on Friday. Ventas has a 12-month low of $45.40 and a 12-month high of $61.09. The firm has a market capitalization of $20.50 billion, a price-to-earnings ratio of 96.91, a price-to-earnings-growth ratio of 4.58 and a beta of 1.22. The business has a 50 day simple moving average of $51.24 and a 200 day simple moving average of $55.06. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.59 and a quick ratio of 0.59.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, November 5th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.11. The business had revenue of $976.10 million during the quarter, compared to analyst estimates of $924.40 million. Ventas had a return on equity of 1.93% and a net margin of 5.38%. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.75 EPS. On average, equities analysts anticipate that Ventas will post 2.89 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 19th. Shareholders of record on Monday, January 3rd will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date of this dividend is Friday, December 31st. Ventas’s payout ratio is currently 339.63%.

About Ventas

Ventas, Inc engages in the acquisition and ownership of seniors housing and healthcare properties. The company invests in seniors housing and healthcare properties through acquisitions and leases its properties to unaffiliated tenants or operate them through independent third-party managers. It operates through the following segments: Triple-Net Leased Properties, Senior Living Operations, and Office Operations.

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