Goldman Sachs Downgrades Ventas to Sell

Brokerage firm Goldman Sachs Downgrades its rating on Ventas(VTR). The shares have been rated Sell. Previously, the analysts had a Neutral rating on the shares. The rating by the stock financial advisor at Goldman Sachs was issued on Mar 15, 2017 in a research report to their Investors and Clients.

In a different note, On Jan 3, 2017, Jefferies said it Downgrades its rating on Ventas. The shares have been rated ‘Hold’ by the firm.

Ventas (VTR) made into the market gainers list on Fridays trading session with the shares advancing 0.08% or 0.05 points. Due to strong positive momentum, the stock ended at $60.51, which is also near the day’s high of $61.21. The stock began the session at $60.49 and the volume stood at 24,48,026 shares. The 52-week high of the shares is $76.8 and the 52 week low is $56.2. The company has a current market capitalization of $21,458 M and it has 35,46,23,010 shares in outstanding.

Ventas(VTR) last announced its earnings results on Feb 10, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $875.713M. Analysts had an estimated revenue of $865.030M. Earnings per share were $1.03. Analysts had estimated an EPS of $1.03.

Several Insider Transactions has been reported to the SEC. On Mar 2, 2017, Todd W. Lillibridge (EVP, Medical Prop. Operations) sold 142,359 shares at $65.02 per share price.Also, 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.

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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