Sumitomo Mitsui DS Asset Management Company Ltd Has $4.98 Million Stake in Ventas, Inc. (NYSE:VTR)

Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in Ventas, Inc. (NYSE:VTR) by 2.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 99,968 shares of the real estate investment trust’s stock after buying an additional 2,004 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Ventas were worth $4,982,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Signaturefd LLC raised its position in shares of Ventas by 5.5% in the 4th quarter. Signaturefd LLC now owns 6,804 shares of the real estate investment trust’s stock valued at $339,000 after acquiring an additional 357 shares during the period. Lindbrook Capital LLC raised its holdings in Ventas by 6.6% in the fourth quarter. Lindbrook Capital LLC now owns 3,881 shares of the real estate investment trust’s stock worth $193,000 after purchasing an additional 239 shares during the period. abrdn plc raised its holdings in Ventas by 9.9% in the fourth quarter. abrdn plc now owns 751,648 shares of the real estate investment trust’s stock worth $37,462,000 after purchasing an additional 67,881 shares during the period. Heirloom Wealth Management bought a new position in shares of Ventas during the fourth quarter worth $200,000. Finally, Greenleaf Trust grew its holdings in shares of Ventas by 38.7% in the 4th quarter. Greenleaf Trust now owns 15,204 shares of the real estate investment trust’s stock valued at $758,000 after buying an additional 4,240 shares during the period. 94.18% of the stock is owned by institutional investors.

Ventas Price Performance

Shares of VTR stock opened at $43.13 on Tuesday. The firm’s fifty day moving average price is $43.30 and its two-hundred day moving average price is $45.04. The company has a current ratio of 0.51, a quick 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.

Ventas Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Mizuho lifted their target price on Ventas from $53.00 to $56.00 and gave the stock a “buy” rating in a report on Wednesday, January 3rd. StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Evercore ISI raised Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price for the company in a research note on Monday, March 18th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $46.00 price target (down previously from $52.00) on shares of Ventas in a research note on Monday, February 26th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Ventas in a research report on Tuesday, January 30th. They set a “buy” rating and a $60.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.54.

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.