Mirae Asset Global Investments Co. Ltd. Sells 9,059 Shares of Ventas, Inc. (NYSE:VTR)

Mirae Asset Global Investments Co. Ltd. lowered its position in shares of Ventas, Inc. (NYSE:VTR) by 10.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC grew its position in shares of Ventas by 4,831.0% during the 4th quarter. International Assets Investment Management LLC now owns 231,856 shares of the real estate investment trust’s stock valued at $11,556,000 after purchasing an additional 227,154 shares in the last quarter. California Public Employees Retirement System grew its position in Ventas by 1.2% during the third quarter. California Public Employees Retirement System now owns 776,160 shares of the real estate investment trust’s stock worth $32,700,000 after buying an additional 9,194 shares in the last quarter. SG Americas Securities LLC increased its stake in Ventas by 114.9% in the 4th quarter. SG Americas Securities LLC now owns 47,578 shares of the real estate investment trust’s stock worth $2,371,000 after acquiring an additional 25,442 shares during the last quarter. Nordea Investment Management AB raised its holdings in shares of Ventas by 1.8% in the 4th quarter. Nordea Investment Management AB now owns 25,664 shares of the real estate investment trust’s stock valued at $1,289,000 after acquiring an additional 460 shares in the last quarter. Finally, Arizona State Retirement System boosted its position in shares of Ventas by 1.3% during the 4th quarter. Arizona State Retirement System now owns 110,590 shares of the real estate investment trust’s stock valued at $5,512,000 after acquiring an additional 1,447 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

Ventas Price Performance

VTR opened at $41.67 on Wednesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.51 and a quick ratio of 0.51. The stock’s 50 day simple moving average is $43.51 and its 200 day simple moving average is $44.98. The firm has a market cap of $16.84 billion, a price-to-earnings ratio of -378.78, a PEG ratio of 2.39 and a beta of 1.26. Ventas, Inc. has a 1 year low of $39.33 and a 1 year high of $50.99.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 18th. Stockholders of record on Monday, April 1st will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 4.32%. The ex-dividend date is Thursday, March 28th. Ventas’s dividend payout ratio is -1,636.21%.

Analysts Set New Price Targets

Several research analysts recently weighed in on VTR shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Ventas in a research report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 price objective on the stock. Wells Fargo & Company restated an “equal weight” rating and set a $46.00 price objective (down previously from $52.00) on shares of Ventas in a research report on Monday, February 26th. Evercore ISI upgraded shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price for the company in a research report on Monday, March 18th. StockNews.com downgraded Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. Finally, Bank of America upgraded Ventas from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $48.00 to $53.00 in a report on Tuesday, January 16th. 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 stock. Based on data from MarketBeat, Ventas currently has an average 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.