15,549 Shares in Welltower Inc. (NYSE:WELL) Purchased by Achmea Investment Management B.V.

Achmea Investment Management B.V. purchased a new stake in shares of Welltower Inc. (NYSE:WELL - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 15,549 shares of the real estate investment trust's stock, valued at approximately $1,959,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its position in shares of Welltower by 162.8% in the third quarter. Assetmark Inc. now owns 5,703 shares of the real estate investment trust's stock valued at $730,000 after acquiring an additional 3,533 shares during the period. Sigma Planning Corp boosted its position in shares of Welltower by 166.1% in the third quarter. Sigma Planning Corp now owns 5,524 shares of the real estate investment trust's stock valued at $707,000 after acquiring an additional 3,448 shares during the period. Venturi Wealth Management LLC boosted its position in shares of Welltower by 91.7% in the third quarter. Venturi Wealth Management LLC now owns 508 shares of the real estate investment trust's stock valued at $65,000 after acquiring an additional 243 shares during the period. Harbour Investments Inc. boosted its position in shares of Welltower by 3.8% in the third quarter. Harbour Investments Inc. now owns 4,215 shares of the real estate investment trust's stock valued at $540,000 after acquiring an additional 156 shares during the period. Finally, Aptus Capital Advisors LLC boosted its position in shares of Welltower by 3.4% in the third quarter. Aptus Capital Advisors LLC now owns 3,296 shares of the real estate investment trust's stock valued at $422,000 after acquiring an additional 109 shares during the period. Institutional investors and hedge funds own 94.80% of the company's stock.

Remove Ads

Welltower Price Performance

Shares of NYSE:WELL traded down $1.17 during midday trading on Wednesday, reaching $148.81. The company's stock had a trading volume of 4,880,164 shares, compared to its average volume of 2,771,849. Welltower Inc. has a fifty-two week low of $87.87 and a fifty-two week high of $158.55. The company has a market capitalization of $95.43 billion, a P/E ratio of 95.39, a P/E/G ratio of 2.87 and a beta of 1.20. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. The business's fifty day simple moving average is $142.19 and its 200-day simple moving average is $134.25.

Welltower (NYSE:WELL - Get Free Report) last announced its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. As a group, equities research analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were given a $0.67 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a yield of 1.80%. Welltower's payout ratio is 171.79%.

Analysts Set New Price Targets

Several research analysts recently commented on WELL shares. Royal Bank of Canada raised Welltower from a "sector perform" rating to an "outperform" rating and raised their target price for the stock from $146.00 to $168.00 in a research report on Friday, February 28th. Jefferies Financial Group raised Welltower from a "hold" rating to a "buy" rating and raised their target price for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Mizuho raised their target price on Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a research report on Tuesday. Raymond James increased their price objective on Welltower from $145.00 to $155.00 and gave the stock a "strong-buy" rating in a research note on Monday, December 16th. Finally, Wedbush upgraded Welltower from a "neutral" rating to an "outperform" rating and increased their price objective for the stock from $145.00 to $167.00 in a research note on Friday, February 14th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $156.46.

Welltower Profile

Welltower Inc NYSE: WELL, a real estate investment trust ("REIT") and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.