Capital Square LLC Grows Position in Welltower Inc. (NYSE:WELL)

Capital Square LLC lifted its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 42.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,595 shares of the real estate investment trust's stock after acquiring an additional 1,959 shares during the quarter. Capital Square LLC's holdings in Welltower were worth $902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new position in shares of Welltower during the 4th quarter valued at $25,000. Roxbury Financial LLC bought a new stake in Welltower in the fourth quarter valued at $26,000. Sierra Ocean LLC acquired a new position in shares of Welltower during the fourth quarter valued at about $28,000. Versant Capital Management Inc boosted its position in shares of Welltower by 165.5% during the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust's stock worth $38,000 after purchasing an additional 187 shares in the last quarter. Finally, First Command Advisory Services Inc. bought a new stake in Welltower in the 4th quarter valued at about $50,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Wedbush reissued an "underperform" rating on shares of Welltower in a research note on Thursday. Wells Fargo & Company reissued an "equal weight" rating on shares of Welltower in a research report on Thursday. Jefferies Financial Group upgraded shares of Welltower from a "hold" rating to a "buy" rating and upped their price objective for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Evercore ISI lifted their price objective on shares of Welltower from $144.00 to $145.00 and gave the company an "in-line" rating in a report on Tuesday, March 4th. Finally, Royal Bank of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and raised their price target for the company from $146.00 to $168.00 in a research report on Friday, February 28th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Welltower has a consensus rating of "Moderate Buy" and a consensus target price of $156.46.

Welltower Stock Performance

Shares of WELL traded up $2.80 during mid-day trading on Tuesday, hitting $146.45. The stock had a trading volume of 763,940 shares, compared to its average volume of 2,863,191. Welltower Inc. has a 52 week low of $90.76 and a 52 week high of $158.55. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. The business has a fifty day moving average price of $148.26 and a 200-day moving average price of $137.77. The firm has a market cap of $95.42 billion, a P/E ratio of 93.92, a PEG ratio of 2.87 and a beta of 0.93.

Welltower (NYSE:WELL - Get Free Report) last issued its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping 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 expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were given a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.83%. Welltower's dividend payout ratio (DPR) is currently 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.