Royal London Asset Management Ltd. Has $33.02 Million Stock Position in Welltower Inc. (NYSE:WELL)

Royal London Asset Management Ltd. raised its position in Welltower Inc. (NYSE:WELL - Free Report) by 6.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262,012 shares of the real estate investment trust's stock after purchasing an additional 16,214 shares during the quarter. Royal London Asset Management Ltd.'s holdings in Welltower were worth $33,021,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new stake in shares of Welltower in the 4th quarter valued at approximately $25,000. Roxbury Financial LLC bought a new stake in Welltower in the fourth quarter worth approximately $26,000. Sierra Ocean LLC acquired a new position in shares of Welltower during the 4th quarter worth $28,000. Versant Capital Management Inc increased its stake 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 during the last quarter. Finally, First Command Advisory Services Inc. bought a new position in shares of Welltower during the 4th quarter valued at $50,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WELL has been the topic of several analyst reports. Evercore ISI increased their target price on shares of Welltower from $144.00 to $145.00 and gave the stock an "in-line" rating in a research report on Tuesday, March 4th. Bank of America increased their price objective on Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Scotiabank boosted their target price on Welltower from $165.00 to $166.00 and gave the stock a "sector outperform" rating in a report on Thursday, March 6th. StockNews.com raised Welltower from a "sell" rating to a "hold" rating in a research report on Tuesday, March 18th. Finally, Raymond James lifted their price target on shares of Welltower from $145.00 to $155.00 and gave the company a "strong-buy" rating in a research report on Monday, December 16th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $156.46.

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Welltower Stock Performance

Shares of NYSE:WELL traded down $1.50 on Tuesday, hitting $148.34. 4,511,179 shares of the company were exchanged, compared to its average volume of 2,633,305. The company's 50 day moving average price is $143.98 and its two-hundred day moving average price is $134.97. The firm has a market capitalization of $95.13 billion, a price-to-earnings ratio of 95.09, a PEG ratio of 2.87 and a beta of 1.20. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. Welltower Inc. has a one year low of $87.87 and a one year high of $158.55.

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 for the quarter, topping analysts' consensus estimates of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Research analysts expect that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were given a $0.67 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $2.68 annualized dividend and a yield of 1.81%. 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.