Friedenthal Financial Has $819,000 Stake in Ventas, Inc. (NYSE:VTR)

Friedenthal Financial grew its stake in Ventas, Inc. (NYSE:VTR) by 1,183.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,773 shares of the real estate investment trust’s stock after purchasing an additional 11,778 shares during the period. Friedenthal Financial’s holdings in Ventas were worth $819,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Centersquare Investment Management LLC boosted its position in Ventas by 11.5% in the first quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock valued at $345,667,000 after buying an additional 802,546 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Ventas by 1.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust’s stock worth $304,047,000 after acquiring an additional 96,482 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Ventas by 8.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,489,159 shares of the real estate investment trust’s stock worth $239,000,000 after purchasing an additional 413,564 shares in the last quarter. Massachusetts Financial Services Co. MA bought a new position in Ventas in the second quarter valued at about $135,425,000. Finally, Canada Pension Plan Investment Board boosted its stake in shares of Ventas by 0.4% during the second quarter. Canada Pension Plan Investment Board now owns 1,756,752 shares of the real estate investment trust’s stock valued at $90,051,000 after purchasing an additional 7,585 shares in the last quarter. 94.18% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on VTR. Royal Bank of Canada upped their price objective on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Scotiabank raised their price target on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research note on Friday, October 11th. Evercore ISI boosted their price objective on shares of Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research report on Wednesday, July 10th. Finally, Wedbush upped their price target on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a research report on Tuesday, September 10th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Ventas has an average rating of “Moderate Buy” and an average price target of $63.63.

Insider Activity

In related news, CEO Peter J. Bulgarelli sold 3,784 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $55.24, for a total transaction of $209,028.16. Following the transaction, the chief executive officer now directly owns 104,295 shares of the company’s stock, valued at approximately $5,761,255.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Ventas news, CEO Peter J. Bulgarelli sold 3,784 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $55.24, for a total transaction of $209,028.16. Following the completion of the sale, the chief executive officer now owns 104,295 shares in the company, valued at approximately $5,761,255.80. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 40,079 shares of the firm’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at $56,529,016.93. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 77,065 shares of company stock worth $4,526,464 in the last three months. Company insiders own 1.00% of the company’s stock.

Ventas Trading Up 1.9 %

NYSE VTR opened at $65.55 on Friday. The stock has a market capitalization of $27.08 billion, a P/E ratio of -163.87, a P/E/G ratio of 2.83 and a beta of 1.36. The business has a 50 day simple moving average of $62.40 and a 200 day simple moving average of $53.77. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.58 and a quick ratio of 0.58. Ventas, Inc. has a one year low of $40.98 and a one year high of $65.64.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.74). The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the business earned $0.75 EPS. Research analysts expect that Ventas, Inc. will post 3.18 earnings per share for the current year.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.75%. Ventas’s dividend payout ratio (DPR) is presently -449.99%.

Ventas Company Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.