Lake Street Advisors Group LLC Invests $250,000 in Ventas, Inc. (NYSE:VTR)

Lake Street Advisors Group LLC acquired a new stake in shares of Ventas, Inc. (NYSE:VTR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,891 shares of the real estate investment trust’s stock, valued at approximately $250,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its position in Ventas by 54.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 22,680 shares of the real estate investment trust’s stock worth $987,000 after acquiring an additional 7,979 shares during the period. Hennion & Walsh Asset Management Inc. increased its stake in shares of Ventas by 21.9% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 6,163 shares of the real estate investment trust’s stock worth $268,000 after acquiring an additional 1,108 shares during the period. AlphaMark Advisors LLC purchased a new position in shares of Ventas during the first quarter worth $87,000. Naviter Wealth LLC lifted its position in Ventas by 3.7% during the first quarter. Naviter Wealth LLC now owns 27,762 shares of the real estate investment trust’s stock valued at $1,221,000 after purchasing an additional 998 shares during the period. Finally, Norden Group LLC purchased a new stake in Ventas in the first quarter valued at $257,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Ventas Stock Down 1.5 %

VTR stock opened at $64.97 on Monday. The company has a market cap of $26.30 billion, a price-to-earnings ratio of -341.95, a PEG ratio of 2.87 and a beta of 1.36. The firm has a 50-day moving average of $63.06 and a two-hundred day moving average of $54.70. Ventas, Inc. has a 12 month low of $40.98 and a 12 month high of $66.22. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.36.

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 analysts’ consensus estimates of $0.79 by ($0.74). The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations 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 quarter in the previous year, the business posted $0.75 EPS. As a group, analysts forecast that Ventas, Inc. will post 3.18 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date was Tuesday, October 1st. Ventas’s dividend payout ratio is currently -947.37%.

Wall Street Analysts Forecast Growth

VTR has been the subject of a number of recent research reports. StockNews.com lowered Ventas from a “hold” rating to a “sell” rating in a research note on Monday, October 21st. Scotiabank boosted their price target on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a report on Friday, October 11th. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Evercore ISI upped their price target 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. Finally, Wedbush lifted their price objective on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $63.63.

Insider Buying and Selling

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

About Ventas

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.