American Century Companies Inc. Has $147.45 Million Position in Welltower Inc. (NYSE:WELL)

American Century Companies Inc. trimmed its stake in Welltower Inc. (NYSE:WELL - Free Report) by 2.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,169,989 shares of the real estate investment trust's stock after selling 25,685 shares during the quarter. American Century Companies Inc. owned 0.19% of Welltower worth $147,454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in WELL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Welltower by 638.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust's stock worth $886,022,000 after buying an additional 5,982,711 shares in the last quarter. FMR LLC increased its stake in shares of Welltower by 38.1% in the third quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust's stock worth $1,847,289,000 after acquiring an additional 3,977,845 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Welltower by 10.6% in the third quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust's stock worth $2,392,349,000 after acquiring an additional 1,797,330 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Welltower during the fourth quarter worth $90,565,000. Finally, Amundi boosted its position in Welltower by 18.5% during the fourth quarter. Amundi now owns 3,773,827 shares of the real estate investment trust's stock valued at $477,314,000 after purchasing an additional 589,255 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

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Welltower Stock Performance

Shares of WELL stock traded up $0.39 during trading hours on Thursday, reaching $150.24. 2,849,151 shares of the company's stock were exchanged, compared to its average volume of 2,644,829. Welltower Inc. has a fifty-two week low of $87.87 and a fifty-two week 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 stock has a market capitalization of $96.35 billion, a P/E ratio of 96.31, a P/E/G ratio of 2.87 and a beta of 1.20. The business has a fifty day moving average price of $144.88 and a 200-day moving average price of $135.23.

Welltower (NYSE:WELL - Get Free Report) last released its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, beating the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. Analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date was Tuesday, February 25th. Welltower's dividend payout ratio (DPR) is presently 171.79%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on WELL. Royal Bank of Canada raised Welltower from a "sector perform" rating to an "outperform" rating and upped their target price for the stock from $146.00 to $168.00 in a research report on Friday, February 28th. Wells Fargo & Company increased their price objective on Welltower from $140.00 to $158.00 and gave the stock an "equal weight" rating in a report on Monday, March 10th. Evercore ISI lifted their target price on shares of Welltower from $144.00 to $145.00 and gave the company an "in-line" rating in a research note on Tuesday, March 4th. Raymond James increased their price target on shares of Welltower from $145.00 to $155.00 and gave the stock a "strong-buy" rating in a research note on Monday, December 16th. Finally, Bank of America raised their price target on shares of Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Welltower presently has an average rating of "Moderate Buy" and a consensus price target of $156.46.

About Welltower

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.