Welltower Inc. (NYSE:WELL) Holdings Decreased by Braun Stacey Associates Inc.

Braun Stacey Associates Inc. lowered its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 248,374 shares of the real estate investment trust's stock after selling 5,360 shares during the period. Welltower makes up about 1.2% of Braun Stacey Associates Inc.'s investment portfolio, making the stock its 22nd largest position. Braun Stacey Associates Inc.'s holdings in Welltower were worth $31,303,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP raised its stake in shares of Welltower by 10.6% during the third quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust's stock valued at $2,392,349,000 after purchasing an additional 1,797,330 shares during the period. FMR LLC raised its stake in shares of Welltower by 38.1% during the third quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust's stock valued at $1,847,289,000 after purchasing an additional 3,977,845 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Welltower by 638.0% during the third 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 valued at $886,022,000 after purchasing an additional 5,982,711 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Welltower by 0.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust's stock worth $776,657,000 after buying an additional 46,332 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in shares of Welltower by 6.6% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,106,666 shares of the real estate investment trust's stock worth $391,533,000 after buying an additional 192,303 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

Analysts Set New Price Targets

WELL has been the subject of a number of recent analyst reports. Bank of America raised their price target on shares of Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a research report on Tuesday. Wedbush raised shares of Welltower from a "neutral" rating to an "outperform" rating and raised their price target for the stock from $145.00 to $167.00 in a research report on Friday, February 14th. StockNews.com downgraded shares of Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, February 13th. Jefferies Financial Group raised shares of Welltower from a "hold" rating to a "buy" rating and raised their price target for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Finally, Mizuho raised their price target on shares of Welltower from $136.00 to $141.00 and gave the stock an "outperform" rating in a research report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, three have given 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 stock has an average rating of "Moderate Buy" and a consensus price target of $140.19.

Welltower Stock Performance

Welltower stock traded down $1.63 during mid-day trading on Friday, reaching $148.69. The company's stock had a trading volume of 3,988,113 shares, compared to its average volume of 2,660,023. The firm has a market cap of $95.35 billion, a price-to-earnings ratio of 95.31, a PEG ratio of 2.86 and a beta of 1.23. The business has a 50 day moving average price of $133.83 and a 200-day moving average price of $130.15. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. 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 announced its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (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%. Sell-side analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend is Tuesday, February 25th. Welltower's dividend payout ratio (DPR) is 171.79%.

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.