bLong Financial LLC Makes New $309,000 Investment in Welltower Inc. (NYSE:WELL)

bLong Financial LLC purchased a new stake in Welltower Inc. (NYSE:WELL - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,450 shares of the real estate investment trust's stock, valued at approximately $309,000.

A number of other hedge funds also recently modified their holdings of the business. Roxbury Financial LLC bought a new position in Welltower during the fourth quarter valued at about $26,000. Laurel Wealth Advisors LLC bought a new position in Welltower in the fourth quarter valued at about $25,000. Fortitude Family Office LLC lifted its holdings in Welltower by 37.0% in the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 78 shares during the period. Versant Capital Management Inc increased its holdings in Welltower by 165.5% in the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust's stock valued at $38,000 after purchasing an additional 187 shares during the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in Welltower during the 3rd quarter worth approximately $50,000. Hedge funds and other institutional investors own 94.80% of the company's stock.

Welltower Trading Down 0.7 %

Shares of WELL stock traded down $1.09 on Wednesday, hitting $149.71. The company had a trading volume of 2,345,178 shares, compared to its average volume of 2,597,846. The firm has a market cap of $96.01 billion, a P/E ratio of 95.97, a P/E/G ratio of 2.94 and a beta of 1.23. The stock's 50-day moving average is $132.58 and its two-hundred day moving average is $129.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. Welltower Inc. has a twelve month low of $87.87 and a twelve month high of $152.81.

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 analysts' consensus estimates of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. On average, equities research analysts anticipate that Welltower Inc. will post 4.87 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $2.68 annualized dividend and a yield of 1.79%. Welltower's dividend payout ratio is currently 171.79%.

Analyst Upgrades and Downgrades

WELL has been the topic of several research reports. Bank of America boosted their price objective on shares of Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a research report on Tuesday. Scotiabank lifted their price objective on shares of Welltower from $142.00 to $144.00 and gave the stock a "sector outperform" rating in a research report on Monday, January 27th. StockNews.com downgraded Welltower from a "hold" rating to a "sell" rating in a report on Thursday, February 13th. Wedbush upgraded Welltower from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $145.00 to $167.00 in a research note on Friday, February 14th. Finally, Mizuho upped their price target on shares of Welltower from $136.00 to $141.00 and gave the stock an "outperform" rating in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Welltower currently has a consensus rating of "Moderate Buy" and a consensus target price of $140.19.

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.