Sumitomo Mitsui Trust Group Inc. Has $83.86 Million Holdings in Ventas, Inc. (NYSE:VTR)

Sumitomo Mitsui Trust Group Inc. raised its position in Ventas, Inc. (NYSE:VTR) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,423,945 shares of the real estate investment trust’s stock after purchasing an additional 94,791 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.34% of Ventas worth $83,856,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. ST Germain D J Co. Inc. acquired a new stake in Ventas in the 4th quarter valued at approximately $27,000. Harbor Capital Advisors Inc. raised its holdings in shares of Ventas by 66.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 210 shares during the last quarter. New Wave Wealth Advisors LLC bought a new stake in shares of Ventas in the fourth quarter worth $41,000. Global X Japan Co. Ltd. acquired a new position in Ventas during the third quarter worth $48,000. Finally, Morse Asset Management Inc bought a new position in Ventas in the third quarter valued at $64,000. 94.18% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on VTR shares. Baird R W raised shares of Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Scotiabank increased their price target on Ventas from $68.00 to $69.00 and gave the company a “sector perform” rating in a research report on Monday, January 27th. Wedbush restated an “outperform” rating and issued a $75.00 price target on shares of Ventas in a research note on Thursday, December 19th. Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and dropped their price objective for the stock from $66.00 to $65.00 in a research note on Friday, January 17th. Finally, StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $68.71.

Ventas Stock Up 0.1 %

VTR stock opened at $60.60 on Monday. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61. The business’s 50 day simple moving average is $59.60 and its 200 day simple moving average is $61.27. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The firm has a market capitalization of $25.42 billion, a PE ratio of -356.47, a PEG ratio of 2.62 and a beta of 1.37.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.97%. The ex-dividend date was Tuesday, December 31st. Ventas’s payout ratio is presently -1,058.82%.

Ventas Company 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.