AGF Management Ltd. Has $7.27 Million Stock Position in Welltower Inc. (NYSE:WELL)

AGF Management Ltd. decreased its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,698 shares of the real estate investment trust's stock after selling 3,561 shares during the period. AGF Management Ltd.'s holdings in Welltower were worth $7,272,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of WELL. Mather Group LLC. raised its holdings in Welltower by 3.8% during the fourth quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust's stock valued at $259,000 after buying an additional 75 shares in the last quarter. Childress Capital Advisors LLC raised its holdings in Welltower by 3.7% during the fourth quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust's stock valued at $271,000 after buying an additional 76 shares in the last quarter. Wealthspire Advisors LLC raised its holdings in Welltower by 2.5% during the fourth quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust's stock valued at $435,000 after buying an additional 83 shares in the last quarter. Graypoint LLC raised its holdings in Welltower by 2.5% during the fourth quarter. Graypoint LLC now owns 3,427 shares of the real estate investment trust's stock valued at $432,000 after buying an additional 84 shares in the last quarter. Finally, Investment Advisory Group LLC raised its holdings in Welltower by 1.8% during the fourth quarter. Investment Advisory Group LLC now owns 4,889 shares of the real estate investment trust's stock valued at $616,000 after buying an additional 85 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Welltower Trading Up 0.0 %

Shares of WELL opened at $147.36 on Thursday. Welltower Inc. has a 12-month low of $87.87 and a 12-month high of $158.55. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $94.50 billion, a price-to-earnings ratio of 94.46, a P/E/G ratio of 2.87 and a beta of 1.20. The stock's 50-day moving average price is $140.27 and its 200 day moving average price is $133.35.

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Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings data 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, research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend was Tuesday, February 25th. Welltower's payout ratio is 171.79%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on WELL shares. Mizuho raised their target price on Welltower from $136.00 to $141.00 and gave the company an "outperform" rating in a report on Thursday, December 5th. StockNews.com lowered Welltower from a "hold" rating to a "sell" rating in a report on Thursday, February 13th. Scotiabank raised their target price on Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a report on Thursday, March 6th. Bank of America lifted their price objective on Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. Finally, Wells Fargo & Company lifted their price objective on Welltower from $140.00 to $158.00 and gave the stock an "equal weight" rating in a research note on Monday. One analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $150.19.

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.

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