Callahan Advisors LLC Has $5.35 Million Stock Holdings in Welltower Inc. (NYSE:WELL)

Callahan Advisors LLC lowered its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 6.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 42,443 shares of the real estate investment trust's stock after selling 3,089 shares during the period. Callahan Advisors LLC's holdings in Welltower were worth $5,349,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Wellington Management Group LLP raised its position in 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 purchasing an additional 1,797,330 shares in the last quarter. FMR LLC increased its holdings 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 worth $1,847,289,000 after buying an additional 3,977,845 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings 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 worth $886,022,000 after buying an additional 5,982,711 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings 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. increased its holdings 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. Institutional investors and hedge funds own 94.80% of the company's stock.

Analyst Ratings Changes

WELL has been the subject of several recent analyst reports. Wedbush raised shares of 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 report on Friday, February 14th. Mizuho raised their price objective on shares of Welltower from $136.00 to $141.00 and gave the stock an "outperform" rating in a report on Thursday, December 5th. StockNews.com lowered shares of Welltower from a "hold" rating to a "sell" rating in a report on Thursday, February 13th. Scotiabank raised their price objective on shares of Welltower from $142.00 to $144.00 and gave the stock a "sector outperform" rating in a report on Monday, January 27th. Finally, Jefferies Financial Group raised shares of Welltower from a "hold" rating to a "buy" rating and raised their price objective for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Welltower currently has a consensus rating of "Moderate Buy" and an average target price of $140.19.

Welltower Trading Down 1.1 %

WELL stock traded down $1.63 during midday 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. Welltower Inc. has a 52 week low of $87.87 and a 52 week high of $152.81. The stock has a market cap of $95.35 billion, a PE ratio of 95.31, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23. 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 business's 50-day simple moving average is $133.83 and its 200-day simple moving average is $130.15.

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 (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%. As a group, sell-side analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a yield of 1.80%. Welltower's payout ratio is presently 171.79%.

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.