New Rating issued on Ventas (VTR): Downgraded by Goldman to ” Sell”

Ventas (VTR) was Downgraded by Goldman to ” Sell”. Earlier the firm had a rating of “Neutral ” on the company shares. Goldman advised their Clients and Investors in a research report released on Mar 15, 2017.

Based on several research reports , Ventas was Downgraded by Goldman to ” Sell” on Mar 15, 2017. Ventas was Downgraded by Jefferies to ” Hold” on Jan 3, 2017.

Several company insiders have filed Insider transactions , on Mar 2, 2017, Todd W. Lillibridge (EVP, Medical Prop. Operations) sold 142,359 shares at $65.02 per share price. According to the SEC, on Feb 23, 2017, Douglas M Pasquale (director) sold 5,000 shares at $62.90 per share price. On Aug 23, 2016, Gregory R Liebbe (SVP, Chief Accounting Officer) sold 6,943 shares at $73.20 per share price, according to the Form-4 filing with the securities and exchange commission.

On the company’s financial health, Ventas reported $1.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Feb 10, 2017. Analyst had a consensus of $1.02. The company had revenue of $875.70 million for the quarter, compared to analysts expectations of $874.48 million. The company’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.03 EPS.

Ventas opened for trading at $59.03 and hit $60.55 on the upside on Wednesday, eventually ending the session at $60.2, with a gain of 1.42% or 0.84 points. The heightened volatility saw the trading volume jump to 28,84,922 shares. Company has a market cap of $21,348 M.

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.

Ventas

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