Nomura Asset Management Co. Ltd. Boosts Stake in Ventas, Inc. (NYSE:VTR)

Nomura Asset Management Co. Ltd. increased its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 3.3% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 639,564 shares of the real estate investment trust's stock after buying an additional 20,253 shares during the quarter. Nomura Asset Management Co. Ltd. owned about 0.15% of Ventas worth $41,015,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake 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 worth $252,160,000 after acquiring an additional 3,523,594 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Ventas by 105.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust's stock worth $347,605,000 after purchasing an additional 2,778,408 shares during the last quarter. ANTIPODES PARTNERS Ltd bought a new stake in Ventas in the 2nd quarter worth approximately $73,517,000. FMR LLC raised its stake in Ventas by 4.4% during 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 buying an additional 982,795 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI lifted its holdings in shares of Ventas by 217.4% during the 2nd quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust's stock valued at $43,905,000 after buying an additional 586,676 shares during the period. 94.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Scotiabank lifted their price objective on Ventas from $59.00 to $65.00 and gave the stock a "sector perform" rating in a report on Friday, October 11th. StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a research report on Friday, November 1st. Evercore ISI raised their price objective on shares of Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a report on Monday, September 16th. 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. Finally, Wells Fargo & Company upgraded shares of Ventas from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Ventas has a consensus rating of "Moderate Buy" and an average target price of $65.63.

Insider Transactions at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares of the company's stock, valued at $65,291,063.89. This trade represents a 10.94 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.00% of the company's stock.

Ventas Price Performance

Shares of NYSE VTR traded up $0.09 during midday trading on Tuesday, reaching $61.15. The stock had a trading volume of 1,980,638 shares, compared to its average volume of 2,409,219. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The stock has a 50-day moving average of $63.91 and a 200-day moving average of $58.71. The company has a market capitalization of $25.65 billion, a price-to-earnings ratio of -359.71, a price-to-earnings-growth ratio of 2.86 and a beta of 1.36.

Ventas Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.94%. Ventas's payout ratio is -1,058.82%.

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.