Ventas, Inc. (NYSE:VTR) Stock Holdings Raised by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 6.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 128,011 shares of the real estate investment trust's stock after acquiring an additional 7,449 shares during the period. 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 institutional investors also recently bought and sold shares of the company. ST Germain D J Co. Inc. purchased a new stake in shares of Ventas in the fourth quarter valued at $27,000. Harbor Capital Advisors Inc. grew its holdings in Ventas by 66.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust's stock valued at $31,000 after buying an additional 210 shares during the period. New Wave Wealth Advisors LLC acquired a new position in shares of Ventas during the 4th quarter valued at about $41,000. Global X Japan Co. Ltd. acquired a new position in shares of Ventas during the 3rd quarter valued at about $48,000. Finally, Morse Asset Management Inc purchased a new position in shares of Ventas during the 3rd quarter worth about $64,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Stock Down 0.3 %

Shares of NYSE:VTR traded down $0.20 during mid-day trading on Tuesday, hitting $59.56. 2,294,476 shares of the company traded hands, compared to its average volume of 2,367,014. The firm's 50 day simple moving average is $59.55 and its 200 day simple moving average is $61.37. The firm has a market cap of $24.99 billion, a P/E ratio of -350.33, a PEG ratio of 2.62 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. Ventas, Inc. has a 52-week low of $41.45 and a 52-week high of $67.61.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.45 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.02%. Ventas's payout ratio is currently -1,058.76%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on VTR. Baird R W upgraded shares of Ventas from a "hold" rating to a "strong-buy" rating in a report on Friday, January 17th. Wedbush reissued an "outperform" rating and set a $75.00 price target on shares of Ventas in a research report on Thursday, December 19th. Mizuho cut their price objective on Ventas from $71.00 to $68.00 and set an "outperform" rating on the stock in a report on Thursday, December 5th. Robert W. Baird upgraded Ventas from a "neutral" rating to an "outperform" rating and decreased their target price for the stock from $66.00 to $65.00 in a report on Friday, January 17th. Finally, Scotiabank increased their target price on shares of Ventas from $68.00 to $69.00 and gave the stock a "sector perform" rating in a research report on Monday, January 27th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Ventas currently has an average rating of "Buy" and an average target price 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.