Mitsubishi UFJ Asset Management Co. Ltd. significantly increased its stake in Ventas, Inc. (NYSE:VTR) by 7.3% in the third quarter, now owning 1,253,875 shares worth $87,759,000. Other institutional investors also adjusted their positions, and analysts have set a “Moderate Buy” consensus rating with a target price of $86.87 for the healthcare REIT. Insider selling activity was noted, while Ventas recently increased its quarterly dividend to $0.52 per share.
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Mitsubishi UFJ Asset Management Co. Ltd. Boosts Stock Position in Ventas, Inc. $VTR
Mitsubishi UFJ Asset Management Co. Ltd. significantly increased its stake in Ventas, Inc. (NYSE:VTR) by 7.3% in the third quarter, now owning 1,253,875 shares worth $87,759,000. Other institutional investors also adjusted their positions, and analysts have set a “Moderate Buy” consensus rating with a target price of $86.87 for the healthcare REIT. Insider selling activity was noted, while Ventas recently increased its quarterly dividend to $0.52 per share.