7,089 Shares in Welltower Inc. (NYSE:WELL) Bought by Machina Capital S.A.S.

Machina Capital S.A.S. acquired a new stake in Welltower Inc. (NYSE:WELL - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 7,089 shares of the real estate investment trust's stock, valued at approximately $893,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Retirement Systems of Alabama boosted its holdings in Welltower by 3.7% during the third quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust's stock worth $60,228,000 after buying an additional 16,946 shares in the last quarter. Barclays PLC boosted its holdings in Welltower by 29.2% during the third quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust's stock worth $215,659,000 after buying an additional 380,888 shares in the last quarter. Park Avenue Securities LLC boosted its holdings in Welltower by 20.1% during the fourth quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust's stock worth $1,696,000 after buying an additional 2,250 shares in the last quarter. Whipplewood Advisors LLC bought a new stake in Welltower during the fourth quarter worth approximately $367,000. Finally, Nordea Investment Management AB boosted its holdings in Welltower by 28.1% during the fourth quarter. Nordea Investment Management AB now owns 1,477,388 shares of the real estate investment trust's stock worth $185,649,000 after buying an additional 324,520 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on WELL shares. Raymond James raised their target price on shares of Welltower from $145.00 to $155.00 and gave the stock a "strong-buy" rating in a report on Monday, December 16th. StockNews.com lowered shares of Welltower from a "hold" rating to a "sell" rating in a research note on Thursday, February 13th. Evercore ISI raised their price objective on shares of Welltower from $144.00 to $145.00 and gave the stock an "in-line" rating in a research note on Tuesday, March 4th. Royal Bank of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and raised their price objective for the stock from $146.00 to $168.00 in a research note on Friday, February 28th. Finally, Bank of America raised their price objective on shares of Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. One analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Welltower currently has an average rating of "Moderate Buy" and a consensus target price of $148.42.

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Welltower Stock Down 1.2 %

WELL stock traded down $1.76 during midday trading on Friday, reaching $147.22. The company had a trading volume of 3,323,918 shares, compared to its average volume of 2,580,374. Welltower Inc. has a 1 year low of $87.87 and a 1 year high of $158.55. 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 company has a market capitalization of $94.41 billion, a P/E ratio of 94.37, a PEG ratio of 2.87 and a beta of 1.20. The company has a 50 day moving average of $138.99 and a two-hundred day moving average of $132.75.

Welltower (NYSE:WELL - Get Free Report) last released its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) 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 earnings per share for the current fiscal year.

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were issued a dividend of $0.67 per share. 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 1.82%. 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.