Invesco Ltd. Has $935.77 Million Stock Position in Welltower Inc. (NYSE:WELL)

Invesco Ltd. increased its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 0.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,424,997 shares of the real estate investment trust's stock after purchasing an additional 6,651 shares during the quarter. Invesco Ltd. owned 1.19% of Welltower worth $935,772,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WELL. Roxbury Financial LLC acquired a new stake in shares of Welltower during the fourth quarter valued at approximately $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Welltower in the fourth quarter valued at $25,000. Sierra Ocean LLC acquired a new stake in shares of Welltower in the fourth quarter worth $28,000. Versant Capital Management Inc grew its holdings 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 valued at $38,000 after buying an additional 187 shares in the last quarter. Finally, First Command Advisory Services Inc. acquired a new position in Welltower during the fourth quarter valued at $50,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have weighed in on WELL. Wedbush upgraded shares of Welltower from a "neutral" rating to an "outperform" rating and upped their price objective for the company from $145.00 to $167.00 in a research note on Friday, February 14th. Royal Bank of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and upped their price target for the stock from $146.00 to $168.00 in a research note on Friday, February 28th. Jefferies Financial Group raised Welltower from a "hold" rating to a "buy" rating and lifted their price objective for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. Bank of America upped their target price on Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a research report on Tuesday, February 18th. Finally, Scotiabank lifted their price target on Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a report on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $156.46.

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Welltower Stock Performance

Welltower stock traded up $0.85 on Friday, hitting $142.66. The company's stock had a trading volume of 2,651,403 shares, compared to its average volume of 2,864,108. Welltower Inc. has a one year low of $87.87 and a one year high of $158.55. The firm has a market cap of $92.50 billion, a P/E ratio of 91.45, a price-to-earnings-growth ratio of 2.87 and a beta of 0.93. 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 company has a fifty day moving average price of $147.95 and a 200-day moving average price of $136.90.

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

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.88%. The ex-dividend date was Tuesday, February 25th. Welltower's dividend payout ratio is currently 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.