Could Ventas, Inc. (VTR) Go Down? The Stock Formed Bearish Double Bottom

April 26, 2018 - By Marguerite Chambers

Ventas, Inc. (NYSE:VTR) Logo

Investors sentiment increased to 1.2 in 2017 Q4. Its up 0.09, from 1.11 in 2017Q3. It improved, as 32 investors sold Ventas, Inc. shares while 195 reduced holdings. 74 funds opened positions while 198 raised stakes. 306.00 million shares or 2.88% less from 315.08 million shares in 2017Q3 were reported.
Community Fin Svcs Group Inc Ltd Liability accumulated 2.57% or 110,278 shares. Strs Ohio, Ohio-based fund reported 475,538 shares. Renaissance Tech Limited Com has invested 0.07% in Ventas, Inc. (NYSE:VTR). Gemmer Asset Limited Liability Corporation owns 323 shares for 0.01% of their portfolio. Spectrum Grp Inc holds 0.01% of its portfolio in Ventas, Inc. (NYSE:VTR) for 393 shares. Department Mb Bancshares N A stated it has 0% in Ventas, Inc. (NYSE:VTR). Commonwealth Financial Bank Of holds 0.01% or 21,606 shares in its portfolio. Commercial Bank Of Montreal Can reported 872,764 shares. 22,438 are owned by Cadence Mgmt Ltd Liability Com. Cbre Clarion Llc reported 2.86 million shares. Nomura Holding holds 22,880 shares or 0% of its portfolio. Oxbow Advsr Ltd accumulated 0.41% or 36,455 shares. Alpha Windward Ltd Llc stated it has 0.01% in Ventas, Inc. (NYSE:VTR). The Massachusetts-based State Street has invested 0.1% in Ventas, Inc. (NYSE:VTR). Sarasin And Prns Llp holds 226,536 shares or 0.26% of its portfolio.

The chart of Ventas, Inc. (VTR) shows a double bottom with $43.44 target or 9.00 % below today’s $47.74 share price. The 9 months chart pattern indicates high risk for the $17.13 billion company. It was reported on Apr, 26 by If the $43.44 price target is reached, the company will be worth $1.54 billion less. Double bottoms are rare but powerful chart patterns.

The stock increased 0.80% or $0.38 during the last trading session, reaching $47.74. About 1.03M shares traded. Ventas, Inc. (NYSE:VTR) has declined 23.52% since April 26, 2017 and is downtrending. It has underperformed by 35.07% the S&P500.

Analysts await Ventas, Inc. (NYSE:VTR) to report earnings on April, 27 before the open. They expect $1.01 EPS, down 2.88 % or $0.03 from last year’s $1.04 per share. VTR’s profit will be $362.34M for 11.82 P/E if the $1.01 EPS becomes a reality. After $1.03 actual EPS reported by Ventas, Inc. for the previous quarter, Wall Street now forecasts -1.94 % negative EPS growth.

Ventas, Inc. (NYSE:VTR) Ratings Coverage

Among 12 analysts covering Ventas (NYSE:VTR), 1 have Buy rating, 3 Sell and 8 Hold. Therefore 8% are positive. Ventas has $67.0 highest and $4300 lowest target. $52.70’s average target is 10.39% above currents $47.74 stock price. Ventas had 20 analyst reports since October 30, 2017 according to SRatingsIntel. The stock of Ventas, Inc. (NYSE:VTR) has “Sell” rating given on Monday, March 26 by BMO Capital Markets. SunTrust maintained the stock with “Hold” rating in Friday, October 27 report. SunTrust maintained Ventas, Inc. (NYSE:VTR) rating on Friday, February 9. SunTrust has “Hold” rating and $55.0 target. On Tuesday, February 13 the stock rating was maintained by Citigroup with “Neutral”. KeyBanc Capital Markets maintained it with “Sell” rating and $50.0 target in Thursday, January 11 report. As per Tuesday, January 9, the company rating was maintained by BMO Capital Markets. The firm has “Overweight” rating given on Monday, October 30 by Capital One. The company was maintained on Monday, January 15 by BMO Capital Markets. Mizuho maintained Ventas, Inc. (NYSE:VTR) rating on Friday, October 27. Mizuho has “Hold” rating and $65.0 target. The firm has “Underperform” rating by Raymond James given on Monday, December 4.

Ventas, Inc. (NYSE:VTR) Institutional Positions Chart

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