Ventas Receives a Hold from BMO Capital

By Jason Carr

BMO Capital analyst John Kim reiterated a Hold rating on Ventas (NYSE: VTR) today. The company’s shares closed yesterday at $64.33.

According to TipRanks.com, Kim is a 3-star analyst with an average return of 2.0% and a 52.4% success rate. Kim covers the Financial sector, focusing on stocks such as Franklin Street Properties, Monogram Residential Trust, and National Health Investors.

Ventas has an analyst consensus of Hold, with a price target consensus of $75.

Based on Ventas’ latest earnings report from September 30, the company posted quarterly revenue of $847.5M and quarterly net profit of $149.5M. In comparison, last year the company earned revenue of $479.7M and had a net profit of $22.85M.

Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is neutral on the stock. Most recently, in March 2016, Douglas Crocker, a Director at VTR sold 5,940 shares for a total of $373,626.

Ventas, Inc. engages in the acquisition and ownership of seniors housing and healthcare properties. It invest in seniors housing and healthcare properties through acquisitions and leases its properties to unaffiliated tenants or operate them through independent third-party managers. The company was founded in 1983 and is headquartered in Chicago, IL.