Welltower Inc. (NYSE:WELL) Shares Bought by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 41.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 326,342 shares of the real estate investment trust's stock after acquiring an additional 94,863 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.05% of Welltower worth $41,129,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of WELL. Laurel Wealth Advisors LLC acquired a new position in shares of Welltower in the fourth quarter worth about $25,000. Roxbury Financial LLC acquired a new stake in Welltower in the 4th quarter worth about $26,000. Sierra Ocean LLC acquired a new stake in shares of Welltower in the fourth quarter worth approximately $28,000. Versant Capital Management Inc increased its position in shares of Welltower by 165.5% during the fourth 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. purchased a new stake in shares of Welltower during the fourth quarter worth approximately $50,000. Hedge funds and other institutional investors own 94.80% of the company's stock.

Welltower Trading Up 2.5 %

Welltower stock traded up $3.64 during mid-day trading on Monday, hitting $150.16. The company's stock had a trading volume of 4,496,337 shares, compared to its average volume of 2,634,300. The stock's fifty day moving average is $143.98 and its two-hundred day moving average is $134.97. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $96.30 billion, a PE ratio of 96.26, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20. Welltower Inc. has a 1 year low of $87.87 and a 1 year high of $158.55.

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Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, beating 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%. On average, analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date was Tuesday, February 25th. Welltower's dividend payout ratio is presently 171.79%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Scotiabank lifted their target price on shares of Welltower from $165.00 to $166.00 and gave the stock a "sector outperform" rating in a research note on Thursday, March 6th. 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 note on Thursday, January 2nd. Mizuho boosted their price target on shares of Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Wedbush upgraded shares of Welltower from a "neutral" rating to an "outperform" rating and increased their price objective for the company from $145.00 to $167.00 in a report on Friday, February 14th. Finally, Evercore ISI boosted their target price on Welltower from $144.00 to $145.00 and gave the stock an "in-line" rating in a report on Tuesday, March 4th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Welltower has an average rating of "Moderate Buy" and an average price target of $156.46.

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.