Czech National Bank Acquires 10,376 Shares of Welltower Inc. (NYSE:WELL)

Czech National Bank increased its position in Welltower Inc. (NYSE:WELL - Free Report) by 8.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 128,261 shares of the real estate investment trust's stock after buying an additional 10,376 shares during the period. Czech National Bank's holdings in Welltower were worth $16,165,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. 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. FMR LLC grew its holdings in Welltower by 38.1% during the 3rd 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 in the last quarter. Duff & Phelps Investment Management Co. purchased a new stake in Welltower during the 2nd quarter worth $254,977,000. Wellington Management Group LLP lifted its holdings in Welltower by 10.6% in the 3rd 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 buying an additional 1,797,330 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in Welltower by 24.6% in the 2nd quarter. Canada Pension Plan Investment Board now owns 2,112,452 shares of the real estate investment trust's stock worth $220,223,000 after buying an additional 417,046 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on WELL. Scotiabank raised their price objective on shares of Welltower from $133.00 to $142.00 and gave the stock a "sector outperform" rating in a report on Monday, November 25th. Mizuho raised their target price on Welltower from $136.00 to $141.00 and gave the company an "outperform" rating in a research note on Thursday, December 5th. Raymond James upped their target price on shares of Welltower from $145.00 to $155.00 and gave the stock a "strong-buy" rating in a research report on Monday, December 16th. Jefferies Financial Group upgraded shares of Welltower from a "hold" rating to a "buy" rating and boosted their price target for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Finally, Wells Fargo & Company reissued an "equal weight" rating and issued a $135.00 price target (up from $134.00) on shares of Welltower in a report on Tuesday, October 1st. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Welltower has an average rating of "Moderate Buy" and a consensus target price of $127.63.

Welltower Stock Up 1.0 %

WELL stock traded up $1.23 during midday trading on Tuesday, reaching $126.95. The company had a trading volume of 1,091,186 shares, compared to its average volume of 2,206,118. The company has a 50 day moving average of $131.08 and a two-hundred day moving average of $123.90. The company has a market capitalization of $79.05 billion, a P/E ratio of 83.52, a PEG ratio of 2.90 and a beta of 1.22. Welltower Inc. has a 1 year low of $85.40 and a 1 year high of $140.75. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51.

Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.31). Welltower had a return on equity of 3.20% and a net margin of 12.22%. The firm had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $1.95 billion. During the same quarter in the prior year, the business posted $0.92 earnings per share. Welltower's revenue was up 23.7% on a year-over-year basis. On average, equities research analysts expect that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Wednesday, November 13th were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date of this dividend was Wednesday, November 13th. Welltower's dividend payout ratio is presently 176.32%.

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.