Ventas (VTR) has seen a significant rise of 34.1% in its stock value over six months. Various companies like TCW Group Inc., Cetera Investment Advisers, Sequoia Financial Advisors LLC, and ORG Partners LLC have all shown investment trends in VTR stocks. However, not all firms increased their stakes, such as Bbjs Financial Advisors LLC and Simplicity Wealth LLC, which significantly sold out their shares. According to Q2 2024 Earnings Call Transcript, VTR's forecast is promising with beating estimates on higher Same-Store NOI. Meanwhile, Ventas Inc.’s shares have hit a new 12-month high at $59.69 and are expected to trend higher. There were also some insider sales activities from EVP and CFO Robert Probst and CEO Debra A. Cafaro, selling sizeable shares. Despite some downgrades, VTR's price targets were raised at multiple brokerages, and it hit multiple new 52-week highs. The company's business updates indicate a surging demand in senior housing which has led Ventas to boost its financial outlook. It anticipates further growth in the Senior Housing Operating Portfolio (SHOP) segment in 2024.
Ventas VTR News Analytics from Sun, 22 Oct 2023 07:00:00 GMT to Sun, 18 Aug 2024 16:54:48 GMT -
Rating 5
- Innovation 0
- Information 5
- Rumor -3
