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

Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Ventas, Inc. (NYSE:VTR) by 6.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 128,011 shares of the real estate investment trust’s stock after acquiring an additional 7,449 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Ventas were worth $7,539,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VTR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Ventas by 862.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust’s stock valued at $252,160,000 after buying an additional 3,523,594 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Ventas by 105.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock valued at $347,605,000 after acquiring an additional 2,778,408 shares during the period. FMR LLC grew its stake in Ventas by 4.4% in the 3rd quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after acquiring an additional 982,795 shares during the period. JPMorgan Chase & Co. increased its holdings in Ventas by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock worth $1,767,261,000 after acquiring an additional 599,600 shares in the last quarter. Finally, State Street Corp raised its position in Ventas by 2.2% during the third quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock worth $1,710,426,000 after acquiring an additional 581,870 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Price Performance

NYSE:VTR opened at $60.60 on Friday. Ventas, Inc. has a one year low of $41.45 and a one year high of $67.61. The stock has a market cap of $25.42 billion, a PE ratio of -356.47, a P/E/G ratio of 2.61 and a beta of 1.37. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a 50 day moving average price of $59.67 and a 200 day moving average price of $61.16.

Ventas Announces Dividend

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

Wall Street Analysts Forecast Growth

VTR has been the topic of several research analyst reports. Mizuho dropped their target price on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and lowered their price objective for the stock from $66.00 to $65.00 in a report on Friday, January 17th. Wedbush reissued an “outperform” rating and set a $75.00 target price on shares of Ventas in a report on Thursday, December 19th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Finally, Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $68.71.

Ventas 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.