Sumitomo Mitsui Trust Holdings Inc. Has $90.58 Million Position in Ventas, Inc. (NYSE:VTR)

Sumitomo Mitsui Trust Holdings Inc. lowered its position in Ventas, Inc. (NYSE:VTR) by 4.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,817,458 shares of the real estate investment trust’s stock after selling 94,322 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned 0.45% of Ventas worth $90,582,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Ventas during the fourth quarter valued at approximately $185,774,000. Deutsche Bank AG grew its holdings in Ventas by 315.0% during the third quarter. Deutsche Bank AG now owns 3,218,555 shares of the real estate investment trust’s stock valued at $135,598,000 after purchasing an additional 2,443,076 shares during the last quarter. Resolution Capital Ltd acquired a new position in Ventas during the third quarter valued at approximately $77,297,000. Goldman Sachs Group Inc. grew its holdings in Ventas by 37.5% during the second quarter. Goldman Sachs Group Inc. now owns 6,602,496 shares of the real estate investment trust’s stock valued at $312,100,000 after purchasing an additional 1,801,365 shares during the last quarter. Finally, FMR LLC grew its holdings in Ventas by 7.1% during the third quarter. FMR LLC now owns 22,246,452 shares of the real estate investment trust’s stock valued at $937,243,000 after purchasing an additional 1,483,908 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Price Performance

Ventas stock opened at $42.23 on Thursday. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 1.41. The stock has a fifty day moving average price of $43.45 and a two-hundred day moving average price of $44.96. Ventas, Inc. has a 52-week low of $39.33 and a 52-week high of $50.99.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 18th. Shareholders of record on Monday, April 1st will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $1.80 annualized dividend and a yield of 4.26%. Ventas’s dividend payout ratio is currently -1,636.21%.

Analysts Set New Price Targets

VTR has been the subject of several research reports. Bank of America raised Ventas from a “neutral” rating to a “buy” rating and increased their price objective for the company from $48.00 to $53.00 in a research report on Tuesday, January 16th. StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. Deutsche Bank Aktiengesellschaft initiated coverage on Ventas in a research report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 price objective for the company. Evercore ISI raised Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective for the company in a research report on Monday, March 18th. Finally, Mizuho increased their price objective on Ventas from $53.00 to $56.00 and gave the company a “buy” rating in a research report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently 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.