Daiwa Securities Group Inc. boosted its stake in shares of Ventas, Inc. (NYSE:VTR – Free Report) by 188.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,705,591 shares of the real estate investment trust’s stock after buying an additional 3,075,450 shares during the period. Ventas makes up approximately 1.2% of Daiwa Securities Group Inc.’s holdings, making the stock its 16th biggest holding. Daiwa Securities Group Inc.’s holdings in Ventas were worth $364,119,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the stock. GoalVest Advisory LLC acquired a new stake in shares of Ventas during the fourth quarter worth $26,000. Wiser Advisor Group LLC acquired a new position in Ventas in the 3rd quarter worth $27,000. Elyxium Wealth LLC bought a new position in Ventas during the 4th quarter worth about $33,000. True Wealth Design LLC increased its holdings in Ventas by 32.0% during the 4th quarter. True Wealth Design LLC now owns 569 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 138 shares in the last quarter. Finally, ORG Wealth Partners LLC acquired a new stake in shares of Ventas in the 4th quarter valued at about $45,000. Institutional investors own 94.18% of the company’s stock.
Ventas Price Performance
NYSE:VTR opened at $78.92 on Friday. Ventas, Inc. has a 1-year low of $61.76 and a 1-year high of $91.06. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.95. The firm has a fifty day simple moving average of $85.06 and a 200 day simple moving average of $82.36. The stock has a market capitalization of $38.37 billion, a PE ratio of 143.49, a P/E/G ratio of 1.74 and a beta of 0.71.
Ventas Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Ventas’s dividend payout ratio is presently 378.18%.
Analyst Upgrades and Downgrades
VTR has been the topic of a number of research reports. KeyCorp boosted their price target on Ventas from $90.00 to $95.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Jefferies Financial Group lifted their target price on Ventas from $97.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. BMO Capital Markets restated an “outperform” rating and issued a $100.00 target price on shares of Ventas in a research note on Monday, May 4th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $93.00 price target on shares of Ventas in a research report on Monday, February 9th. Finally, Argus set a $88.00 price target on shares of Ventas in a research note on Tuesday, February 10th. Fourteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $95.19.
Check Out Our Latest Research Report on VTR
Insider Transactions at Ventas
In related news, Director Walter C. Rakowich sold 1,152 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $90.20, for a total value of $103,910.40. Following the completion of the sale, the director directly owned 28,349 shares in the company, valued at approximately $2,557,079.80. This trade represents a 3.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.53% of the company’s stock.
Ventas Profile
Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.
Ventas’ business model combines property ownership with active asset management and capital markets activity.
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