Asset Management One Co. Ltd. Purchases 36,206 Shares of Welltower Inc. (NYSE:WELL)

Asset Management One Co. Ltd. grew its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,143,663 shares of the real estate investment trust's stock after acquiring an additional 36,206 shares during the period. Asset Management One Co. Ltd. owned 0.18% of Welltower worth $142,958,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Avestar Capital LLC boosted its holdings in shares of Welltower by 26.1% during the 4th quarter. Avestar Capital LLC now owns 3,198 shares of the real estate investment trust's stock worth $403,000 after buying an additional 662 shares during the period. Consolidated Planning Corp boosted its stake in Welltower by 1.7% during the 4th quarter. Consolidated Planning Corp now owns 46,556 shares of the real estate investment trust's stock valued at $5,867,000 after purchasing an additional 799 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in Welltower during the 4th quarter valued at approximately $3,270,000. Van ECK Associates Corp boosted its stake in Welltower by 0.4% during the 4th quarter. Van ECK Associates Corp now owns 280,340 shares of the real estate investment trust's stock valued at $35,331,000 after purchasing an additional 982 shares during the period. Finally, Values First Advisors Inc. boosted its holdings in Welltower by 4.0% in the 4th quarter. Values First Advisors Inc. now owns 6,236 shares of the real estate investment trust's stock valued at $786,000 after purchasing an additional 239 shares during the period. 94.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on WELL. Mizuho raised their target price on Welltower from $136.00 to $141.00 and gave the stock an "outperform" rating in a research report on Thursday, December 5th. Jefferies Financial Group raised shares of Welltower from a "hold" rating to a "buy" rating and lifted their price target for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. StockNews.com downgraded Welltower from a "hold" rating to a "sell" rating in a research report on Thursday. Bank of America lifted their price target on Welltower from $190.00 to $221.00 and gave the company a "buy" rating in a report on Friday, January 24th. Finally, Raymond James boosted their target price 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. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $138.58.

Welltower Stock Down 0.9 %

Shares of NYSE:WELL traded down $1.41 during trading on Monday, hitting $150.03. 1,878,568 shares of the company's stock traded hands, compared to its average volume of 2,492,219. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51. Welltower Inc. has a 52 week low of $87.87 and a 52 week high of $151.96. The company has a 50-day moving average price of $131.74 and a 200-day moving average price of $129.07. The company has a market cap of $93.42 billion, a price-to-earnings ratio of 98.70, a price-to-earnings-growth ratio of 2.83 and a beta of 1.23.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly earnings data 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 12.22% and a return on equity of 3.20%. As a group, research analysts forecast that Welltower Inc. will post 4.3 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.79%. The ex-dividend date is Tuesday, February 25th. Welltower's payout ratio is 176.32%.

Welltower Company 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.