BI Asset Management Fondsmaeglerselskab A S Has $9.28 Million Holdings in Welltower Inc. (NYSE:WELL)

BI Asset Management Fondsmaeglerselskab A S lifted its stake in Welltower Inc. (NYSE:WELL - Free Report) by 135.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,626 shares of the real estate investment trust's stock after acquiring an additional 42,406 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Welltower were worth $9,279,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of WELL. Retirement Systems of Alabama increased its position in shares of Welltower by 3.7% during the third quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust's stock valued at $60,228,000 after purchasing an additional 16,946 shares during the period. Vestmark Advisory Solutions Inc. lifted its holdings in shares of Welltower by 120.3% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust's stock worth $1,817,000 after acquiring an additional 7,872 shares during the period. Barclays PLC boosted its position in shares of Welltower by 29.2% during the 3rd quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust's stock valued at $215,659,000 after acquiring an additional 380,888 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Welltower by 30.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 544,838 shares of the real estate investment trust's stock valued at $68,666,000 after acquiring an additional 128,090 shares during the period. Finally, Park Avenue Securities LLC raised its position in Welltower by 20.1% in the fourth quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust's stock worth $1,696,000 after purchasing an additional 2,250 shares in the last quarter. Institutional investors own 94.80% of the company's stock.

Welltower Trading Up 1.1 %

WELL stock opened at $147.17 on Friday. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. Welltower Inc. has a twelve month low of $90.76 and a twelve month high of $158.55. The company has a market cap of $95.89 billion, a P/E ratio of 94.34, a PEG ratio of 2.87 and a beta of 0.93. The business has a fifty day moving average of $148.31 and a 200-day moving average of $137.56.

Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate 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 year.

Welltower Announces Dividend

The business also recently announced 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 dividend payout ratio (DPR) is currently 171.79%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on WELL shares. Wedbush reiterated an "underperform" rating on shares of Welltower in a research note on Thursday. Evercore ISI increased their price objective on Welltower from $144.00 to $145.00 and gave the stock an "in-line" rating in a research note on Tuesday, March 4th. Royal Bank of Canada upgraded shares of Welltower from a "sector perform" rating to an "outperform" rating and boosted their target price for the company from $146.00 to $168.00 in a research note on Friday, February 28th. Jefferies Financial Group upgraded shares of Welltower from a "hold" rating to a "buy" rating and increased their target price for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Finally, StockNews.com upgraded shares of Welltower from a "sell" rating to a "hold" rating in a research report on Friday. One research analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $156.46.

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.

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