Sumitomo Mitsui DS Asset Management Company Ltd Increases Stake in Ventas, Inc. (NYSE:VTR)

Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in Ventas, Inc. (NYSE:VTR) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 99,968 shares of the real estate investment trust’s stock after purchasing an additional 2,004 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Ventas were worth $4,982,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. International Assets Investment Management LLC grew its position in shares of Ventas by 4,831.0% in the 4th quarter. International Assets Investment Management LLC now owns 231,856 shares of the real estate investment trust’s stock worth $11,556,000 after buying an additional 227,154 shares during the last quarter. California Public Employees Retirement System increased its position in Ventas by 1.2% during the 3rd quarter. California Public Employees Retirement System now owns 776,160 shares of the real estate investment trust’s stock valued at $32,700,000 after purchasing an additional 9,194 shares during the period. Mutual of America Capital Management LLC raised its holdings in Ventas by 10.4% in the 4th quarter. Mutual of America Capital Management LLC now owns 86,912 shares of the real estate investment trust’s stock worth $4,332,000 after purchasing an additional 8,199 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Ventas by 114.9% in the 4th quarter. SG Americas Securities LLC now owns 47,578 shares of the real estate investment trust’s stock worth $2,371,000 after purchasing an additional 25,442 shares during the period. Finally, Ingalls & Snyder LLC bought a new stake in shares of Ventas during the 4th quarter valued at about $211,000. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VTR has been the topic of several research reports. Bank of America upgraded Ventas from a “neutral” rating to a “buy” rating and lifted their price target for the company from $48.00 to $53.00 in a research report on Tuesday, January 16th. Wells Fargo & Company restated an “equal weight” rating and set a $46.00 target price (down previously from $52.00) on shares of Ventas in a report on Monday, February 26th. Mizuho increased their price target on shares of Ventas from $53.00 to $56.00 and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. StockNews.com lowered shares of Ventas from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Finally, Evercore ISI upgraded shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective on the stock in a report on Monday, March 18th. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $51.54.

Ventas Price Performance

Shares of NYSE:VTR opened at $43.13 on Tuesday. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 1.41. Ventas, Inc. has a 1 year low of $39.33 and a 1 year high of $50.99. The stock’s fifty day moving average price is $43.30 and its 200-day moving average price is $45.04.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Shareholders of record on Monday, April 1st were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 4.17%. The ex-dividend date was Thursday, March 28th. Ventas’s dividend payout ratio is currently -1,636.21%.

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.