Nissay Asset Management Corp Japan ADV Grows Stock Holdings in Ventas, Inc. (NYSE:VTR)

Nissay Asset Management Corp Japan ADV lifted its position in shares of Ventas, Inc. (NYSE:VTR) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 109,871 shares of the real estate investment trust’s stock after purchasing an additional 4,357 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Ventas were worth $6,470,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Nomura Holdings Inc. bought a new stake in shares of Ventas in the 4th quarter worth approximately $3,682,000. NorthRock Partners LLC boosted its holdings in Ventas by 31.0% in the fourth quarter. NorthRock Partners LLC now owns 5,924 shares of the real estate investment trust’s stock valued at $349,000 after acquiring an additional 1,402 shares in the last quarter. Nuveen Asset Management LLC increased its position in Ventas by 5.7% during the 4th quarter. Nuveen Asset Management LLC now owns 4,010,760 shares of the real estate investment trust’s stock valued at $236,194,000 after purchasing an additional 215,176 shares during the period. OMERS ADMINISTRATION Corp increased its position in Ventas by 20.6% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 16,869 shares of the real estate investment trust’s stock valued at $993,000 after purchasing an additional 2,883 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Ventas by 1.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,696 shares of the real estate investment trust’s stock worth $3,044,000 after purchasing an additional 974 shares in the last quarter. 94.18% of the stock is owned by institutional investors.

Ventas Trading Up 1.6%

Ventas stock opened at $64.78 on Friday. Ventas, Inc. has a 12 month low of $46.66 and a 12 month high of $71.36. The company has a market capitalization of $29.24 billion, a price-to-earnings ratio of 340.97, a price-to-earnings-growth ratio of 2.59 and a beta of 0.95. The business’s fifty day simple moving average is $66.97 and its two-hundred day simple moving average is $63.96. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25.

Ventas (NYSE:VTR) last released its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.02. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.32 billion. Ventas had a net margin of 1.65% and a return on equity of 0.82%. Ventas’s revenue was up 13.2% compared to the same quarter last year. During the same period last year, the business earned $0.78 EPS. As a group, equities analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Monday, June 30th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date of this dividend is Monday, June 30th. Ventas’s payout ratio is 581.82%.

Insiders Place Their Bets

In other Ventas news, CEO Debra A. Cafaro sold 388 shares of Ventas stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $71.00, for a total value of $27,548.00. Following the completion of the sale, the chief executive officer now owns 1,128,143 shares of the company’s stock, valued at approximately $80,098,153. The trade was a 0.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Walter C. Rakowich sold 1,459 shares of the business’s stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $63.76, for a total transaction of $93,025.84. Following the sale, the director now owns 27,454 shares of the company’s stock, valued at approximately $1,750,467.04. This represents a 5.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 311,481 shares of company stock valued at $21,385,983. 0.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on VTR shares. JPMorgan Chase & Co. boosted their price target on shares of Ventas from $71.00 to $73.00 and gave the company a “neutral” rating in a research report on Friday, March 7th. Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and reduced their target price for the stock from $66.00 to $65.00 in a report on Friday, January 17th. Mizuho increased their target price on Ventas from $68.00 to $75.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 18th. Argus set a $75.00 price target on Ventas in a research report on Friday, March 7th. Finally, Wells Fargo & Company increased their price objective on Ventas from $72.00 to $77.00 and gave the stock an “overweight” rating in a report on Monday, March 10th. Four investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $73.00.

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.