Ventas, Inc. (NYSE:VTR) Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 27.4% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 107,657 shares of the real estate investment trust's stock after buying an additional 23,176 shares during the period. Mirae Asset Global Investments Co. Ltd.'s holdings in Ventas were worth $7,402,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of VTR. Franchise Capital Ltd acquired a new position in Ventas in the 1st quarter valued at $32,000. Promus Capital LLC acquired a new position in Ventas in the fourth quarter valued at $38,000. SRS Capital Advisors Inc. increased its stake in Ventas by 1,039.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust's stock valued at $48,000 after purchasing an additional 738 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in Ventas by 53.9% during the first quarter. Harbor Capital Advisors Inc. now owns 811 shares of the real estate investment trust's stock worth $56,000 after buying an additional 284 shares during the period. Finally, Transce3nd LLC acquired a new stake in Ventas in the 4th quarter worth about $48,000. Institutional investors and hedge funds own 94.18% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Argus set a $75.00 price target on shares of Ventas in a research report on Friday, March 7th. Wells Fargo & Company lifted their price target on shares of Ventas from $72.00 to $77.00 and gave the company an "overweight" rating in a report on Monday, March 10th. Royal Bank Of Canada boosted their price objective on shares of Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. raised Ventas from a "neutral" rating to an "overweight" rating and boosted their price target for the company from $70.00 to $72.00 in a research report on Monday, June 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $72.90.

Insiders Place Their Bets

In related news, CFO Robert F. Probst sold 17,374 shares of Ventas stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $65.22, for a total value of $1,133,132.28. Following the completion of the sale, the chief financial officer owned 168,364 shares in the company, valued at approximately $10,980,700.08. The trade was a 9.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Carey S. Roberts sold 23,500 shares of the company's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $64.23, for a total transaction of $1,509,405.00. Following the completion of the sale, the executive vice president directly owned 116,650 shares in the company, valued at $7,492,429.50. This represents a 16.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 165,586 shares of company stock valued at $10,997,929 in the last three months. 0.80% of the stock is owned by insiders.

Ventas Stock Up 0.1%

Shares of VTR stock traded up $0.06 during trading hours on Wednesday, reaching $62.93. The company had a trading volume of 2,707,497 shares, compared to its average volume of 2,881,771. The company has a market capitalization of $28.40 billion, a P/E ratio of 190.70, a price-to-earnings-growth ratio of 2.27 and a beta of 0.87. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.32 and a current ratio of 0.32. Ventas, Inc. has a twelve month low of $51.40 and a twelve month high of $71.36. The stock's fifty day simple moving average is $64.67 and its 200 day simple moving average is $63.99.

Ventas (NYSE:VTR - Get Free Report) last announced its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.02. Ventas had a net margin of 2.80% and a return on equity of 1.36%. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the firm earned $0.78 earnings per share. The business's quarterly revenue was up 13.2% compared to the same quarter last year. As a group, sell-side analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Monday, June 30th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend is Monday, June 30th. Ventas's payout ratio is 581.82%.

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.