Mirae Asset Global Investments Co. Ltd. Has $3.96 Million Stock Holdings in Ventas, Inc. (NYSE:VTR)

Mirae Asset Global Investments Co. Ltd. lowered its holdings in shares of Ventas, Inc. (NYSE:VTR) by 10.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 79,430 shares of the real estate investment trust’s stock after selling 9,059 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Ventas were worth $3,959,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Baird Financial Group Inc. boosted its position in Ventas by 1.7% in the first quarter. Baird Financial Group Inc. now owns 13,395 shares of the real estate investment trust’s stock valued at $827,000 after buying an additional 222 shares in the last quarter. Global Retirement Partners LLC boosted its holdings in shares of Ventas by 14.6% during the 4th quarter. Global Retirement Partners LLC now owns 1,954 shares of the real estate investment trust’s stock valued at $96,000 after acquiring an additional 249 shares in the last quarter. Equitable Holdings Inc. boosted its holdings in shares of Ventas by 6.0% during the 1st quarter. Equitable Holdings Inc. now owns 4,387 shares of the real estate investment trust’s stock valued at $271,000 after acquiring an additional 249 shares in the last quarter. Capital Square LLC grew its position in Ventas by 2.5% during the 3rd quarter. Capital Square LLC now owns 10,569 shares of the real estate investment trust’s stock worth $456,000 after acquiring an additional 253 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in Ventas by 23.7% in the 3rd quarter. Geneos Wealth Management Inc. now owns 1,360 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 261 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on VTR. Bank of America raised Ventas from a “neutral” rating to a “buy” rating and lifted their price target for the company from $48.00 to $53.00 in a research note on Tuesday, January 16th. Evercore ISI raised shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price on the stock in a report on Monday, March 18th. Mizuho raised their price target on shares of Ventas from $53.00 to $56.00 and gave the company a “buy” rating in a research note on Wednesday, January 3rd. StockNews.com lowered shares of Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Ventas in a report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 price objective for the company. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $51.54.

Ventas Stock Performance

Shares of Ventas stock opened at $41.67 on Wednesday. The business has a 50-day moving average price of $43.51 and a two-hundred day moving average price of $44.98. Ventas, Inc. has a 1-year low of $39.33 and a 1-year high of $50.99. 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 company has a market cap of $16.84 billion, a P/E ratio of -378.78, a PEG ratio of 2.39 and a beta of 1.26.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 18th. Investors 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 4.32%. Ventas’s dividend payout ratio is currently -1,636.21%.

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.