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

Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Ventas, Inc. (NYSE:VTR) by 6.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 128,011 shares of the real estate investment trust’s stock after buying an additional 7,449 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Ventas were worth $7,539,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sanctuary Advisors LLC bought a new position in Ventas during the 2nd quarter worth about $1,289,000. Park Avenue Securities LLC lifted its position in shares of Ventas by 5.4% in the 3rd quarter. Park Avenue Securities LLC now owns 11,740 shares of the real estate investment trust’s stock worth $753,000 after purchasing an additional 603 shares during the period. Czech National Bank boosted its stake in shares of Ventas by 9.1% during the third quarter. Czech National Bank now owns 84,163 shares of the real estate investment trust’s stock valued at $5,397,000 after purchasing an additional 7,030 shares in the last quarter. Mather Group LLC. boosted its stake in shares of Ventas by 39.4% during the third quarter. Mather Group LLC. now owns 2,172 shares of the real estate investment trust’s stock valued at $139,000 after purchasing an additional 614 shares in the last quarter. Finally, Atomi Financial Group Inc. purchased a new position in Ventas during the third quarter valued at approximately $269,000. Institutional investors own 94.18% of the company’s stock.

Ventas Trading Up 0.1 %

NYSE:VTR opened at $60.60 on Friday. The company has a market capitalization of $25.42 billion, a P/E ratio of -356.47, a PEG ratio of 2.61 and a beta of 1.37. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The firm has a fifty day simple moving average of $59.67 and a 200-day simple moving average of $61.16. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $67.61.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.97%. The ex-dividend date was Tuesday, December 31st. Ventas’s payout ratio is -1,058.76%.

Analysts Set New Price Targets

Several brokerages have issued reports on VTR. Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and dropped their price objective for the company from $66.00 to $65.00 in a research report on Friday, January 17th. Mizuho reduced their target price on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Scotiabank raised their price target on shares of Ventas from $68.00 to $69.00 and gave the company a “sector perform” rating in a report on Monday, January 27th. Finally, Wedbush restated an “outperform” rating and issued a $75.00 target price on shares of Ventas in a research note on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $68.71.

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.