19,741 Ventas, Inc. $VTR Shares Purchased by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Ventas, Inc. (NYSE:VTR) by 10.7% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 203,964 shares of the real estate investment trust’s stock after purchasing an additional 19,741 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Ventas were worth $17,341,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Ventas during the 2nd quarter worth $4,953,439,000. Dimensional Fund Advisors LP raised its position in shares of Ventas by 3.6% in the first quarter. Dimensional Fund Advisors LP now owns 7,190,594 shares of the real estate investment trust’s stock valued at $588,045,000 after buying an additional 253,019 shares during the last quarter. Legal & General Group Plc acquired a new stake in shares of Ventas in the second quarter valued at about $501,850,000. Deutsche Bank AG acquired a new stake in shares of Ventas in the second quarter valued at about $451,822,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Ventas by 5.5% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,981,404 shares of the real estate investment trust’s stock valued at $442,349,000 after buying an additional 258,859 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on VTR. Royal Bank Of Canada raised their price target on shares of Ventas from $98.00 to $99.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Citigroup upped their price objective on shares of Ventas from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ventas in a report on Monday. Cantor Fitzgerald increased their price objective on shares of Ventas from $97.00 to $102.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Finally, Jefferies Financial Group began coverage on shares of Ventas in a research note on Tuesday, September 15th. They issued a “buy” rating and a $102.00 target price on the stock. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $98.33.

Ventas Stock Performance

NYSE VTR opened at $86.48 on Wednesday. The stock’s fifty day moving average is $88.12 and its two-hundred day moving average is $88.03. The firm has a market capitalization of $44.36 billion, a P/E ratio of 22.97, a price-to-earnings-growth ratio of 3.30 and a beta of 0.72. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.44 and a current ratio of 0.44. Ventas, Inc. has a fifty-two week low of $68.15 and a fifty-two week high of $101.60.

Ventas (NYSE:VTR) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.01. Ventas had a return on equity of 1.99% and a net margin of 4.08%. The company had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.68 billion. During the same period in the prior year, the business earned $0.87 EPS. The firm’s quarterly revenue was up 21.7% on a year-over-year basis. On average, research analysts anticipate that Ventas, Inc. will post 3.89 earnings per share for the current year.

Ventas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.08 annualized dividend and a dividend yield of 2.4%. Ventas’s payout ratio is presently 385.19%.

Ventas Profile

Ventas, Inc (NYSE: VTR) is a real estate investment trust focused on healthcare and senior housing properties. The company owns, manages and develops a diversified portfolio of healthcare-related real estate, including senior living communities, medical office buildings, life science and innovation centers, and other properties serving healthcare providers and institutions.

Ventas generally leases its properties to healthcare operators, physicians, health systems, universities and research organizations.