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

Friedenthal Financial boosted its position in Ventas, Inc. (NYSE:VTR - Free Report) by 1,183.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,773 shares of the real estate investment trust's stock after acquiring an additional 11,778 shares during the quarter. Friedenthal Financial's holdings in Ventas were worth $819,000 at the end of the most recent reporting period.

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

Ventas Stock Up 1.9 %

Shares of VTR stock traded up $1.20 during midday trading on Friday, reaching $65.55. 1,531,413 shares of the stock were exchanged, compared to its average volume of 2,392,718. The company's 50 day moving average is $62.40 and its two-hundred day moving average is $53.77. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.36. The firm has a market cap of $27.08 billion, a PE ratio of -163.87, a price-to-earnings-growth ratio of 2.83 and a beta of 1.36. Ventas, Inc. has a 1 year low of $40.98 and a 1 year high of $65.64.

Ventas (NYSE:VTR - Get Free Report) last issued its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.79 by ($0.74). Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The business had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.19 billion. During the same period last year, the firm posted $0.75 EPS. Ventas's quarterly revenue was up 8.6% compared to the same quarter last year. On average, equities research analysts predict that Ventas, Inc. will post 3.18 EPS for the current year.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.75%. The ex-dividend date was Tuesday, October 1st. Ventas's payout ratio is -449.99%.

Insider Activity

In related news, CFO Robert F. Probst sold 20,000 shares of the business's stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the completion of the transaction, the chief financial officer now directly owns 156,403 shares in the company, valued at $9,207,444.61. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CFO Robert F. Probst sold 20,000 shares of the business's stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the transaction, the chief financial officer now directly owns 156,403 shares in the company, valued at $9,207,444.61. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Debra A. Cafaro sold 40,079 shares of the company's stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total value of $2,296,125.91. Following the completion of the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $56,529,016.93. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 77,065 shares of company stock worth $4,526,464. Corporate insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

VTR has been the subject of a number of analyst reports. Wedbush raised their price objective on Ventas from $64.00 to $71.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 10th. Royal Bank of Canada increased their target price on shares of Ventas from $52.00 to $63.00 and gave the company an "outperform" rating in a research report on Friday, August 9th. Evercore ISI increased their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a research report on Monday, September 16th. Scotiabank lifted their target price on Ventas from $59.00 to $65.00 and gave the company a "sector perform" rating in a report on Friday, October 11th. Finally, Wolfe Research upgraded shares of Ventas to a "strong-buy" rating in a research report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $63.63.

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.