Ventas (VTR) is Downgraded by Hilliard Lyons to Underperform

Ventas (VTR) was Downgraded by Hilliard Lyons to ” Underperform”. Earlier the firm had a rating of “Neutral ” on the company shares. Hilliard Lyons advised their investors in a research report released on Aug 1, 2016.

Many Wall Street Analysts have commented on Ventas. Ventas was Initiated by Raymond James to “Mkt Perform” on Jul 26, 2016. Ventas was Initiated by Argus to “Hold” on Jul 13, 2016. Company shares were Reiterated by Mizuho on Jul 6, 2016 to “Buy”, Firm has raised the Price Target to $ 82 from a previous price target of $71 .

On the company’s financial health, Ventas reported $1.04 EPS for the quarter, based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus estimate of $1.04. The company had revenue of $848.40 million for the quarter, compared to analysts expectations of $850.73 million. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.18 EPS.

Ventas opened for trading at $75.09 and hit $76.8 on the upside on Friday, eventually ending the session at $76.16, with a gain of 2.20% or 1.64 points. The heightened volatility saw the trading volume jump to 31,88,764 shares. Company has a market cap of $25,752 M.

In a different news, on Jan 29, 2016, John D. Cobb (EVP, Chief Investment Off.) sold 2,700 shares at $55.66 per share price. According to the SEC, on Feb 20, 2015, T Richard Riney (EVP, Chief Admin. Off., GC) sold 51,846 shares at $76.55 per share price. On Jan 14, 2015, Debra A Cafaro (Chairman and CEO) sold 17,767 shares at $77.00 per share price, according to the Form-4 filing with the securities and exchange commission.

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. The triple-net leased properties segment invests in seniors housing and healthcare properties throughout the United States and the United Kingdom and lease those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses. The senior living operations segment invests in seniors housing communities throughout the United States and Canada and engages independent operators such as Atria and Sunrise to manage those communities. The MOB operations segment acquires owns develops leases and manages MOBs throughout the United States. It invests in seniors housing and healthcare properties.


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