Friedenthal Financial Makes New Investment in Ventas, Inc. (NYSE:VTR)

Friedenthal Financial purchased a new stake in shares of Ventas, Inc. (NYSE:VTR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 995 shares of the real estate investment trust’s stock, valued at approximately $51,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Evoke Wealth LLC acquired a new position in Ventas in the fourth quarter valued at approximately $6,947,000. Wellington Management Group LLP increased its position in shares of Ventas by 405.5% during the fourth quarter. Wellington Management Group LLP now owns 171,194 shares of the real estate investment trust’s stock valued at $8,532,000 after acquiring an additional 137,327 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Ventas in the 1st quarter valued at approximately $1,005,000. Nomura Holdings Inc. acquired a new position in shares of Ventas in the 4th quarter worth approximately $3,560,000. Finally, Centersquare Investment Management LLC increased its holdings 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. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Debra A. Cafaro sold 40,079 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $56,529,016.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Ventas news, CFO Robert F. Probst sold 20,000 shares of the company’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 owns 156,403 shares in the company, valued at approximately $9,207,444.61. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Debra A. Cafaro sold 40,079 shares of Ventas stock in a transaction dated 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 sale, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $56,529,016.93. The disclosure for this sale can be found here. Insiders sold a total of 63,863 shares of company stock worth $3,682,554 in the last 90 days. Company insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

VTR has been the subject of several research analyst reports. Wells Fargo & Company raised their price target on Ventas from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 30th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th. Wedbush lifted their price objective on shares of Ventas from $54.00 to $64.00 and gave the company an “outperform” rating in a report on Monday, August 5th. Scotiabank increased their target price on shares of Ventas from $55.00 to $59.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 7th. Finally, Royal Bank of Canada boosted their price target on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $54.31.

Ventas Price Performance

Shares of VTR opened at $59.42 on Wednesday. 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 1-year low of $39.33 and a 1-year high of $59.82. The stock has a market cap of $24.55 billion, a PE ratio of -311.98, a price-to-earnings-growth ratio of 2.63 and a beta of 1.33. The firm has a fifty day moving average price of $52.76 and a 200 day moving average price of $47.68.

Ventas (NYSE:VTR) last posted its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.74). The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Ventas had a negative net margin of 3.33% and a negative return on equity of 1.63%. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.75 earnings per share. As a group, sell-side analysts anticipate that Ventas, Inc. will post 3.16 EPS for the current year.

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.