A Golden Cross Is Shining on This REIT

by Sam Collins | May 5, 2014 4:01 am

Ventas Inc. (VTR[1]) — Ventas Inc., a real estate investment trust (REIT), has geographical diversity with a portfolio of seniors’ housing and healthcare properties throughout the U.S.

vtr s&p sheet
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Standard & Poor’s expects 2014 revenues to increase about 6.7%, “driven by 2013 acquisitions in the medical office and senior housing sectors.” S&P is looking for per-share funds from operations of $4.13 in 2013 to expand to $4.40 in 2014. Ventas pays an annual dividend yield of 4.36%. S&P has a 12-month objective of $73.

Technically, VTR has run to a six-month high, breaking from an ascending triangle in early April. Note the golden cross (50-day moving average crosses up through 200-day MA), a very bullish signal. Also note the increase in buying volume and the new breakout on Thursday to a new seven-month high.

The trading target for VTR is $75.

vtr buy
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Chart Key[2]

  1. VTR: http://studio-5.financialcontent.com/investplace/quote?Symbol=VTR
  2. [Image]: https://investorplace.com/wp-content/uploads/2013/12/chart-key.gif

Source URL: https://investorplace.com/2014/05/ventas-inc-vtr-trade/
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