4,308 Shares in Welltower Inc. (NYSE:WELL) Purchased by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC bought a new position in Welltower Inc. (NYSE:WELL - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,308 shares of the real estate investment trust's stock, valued at approximately $543,000.

Other institutional investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC purchased a new stake in Welltower during the 4th quarter valued at $25,000. Roxbury Financial LLC purchased a new stake in shares of Welltower during the fourth quarter valued at $26,000. Sierra Ocean LLC bought a new stake in Welltower in the 4th quarter worth about $28,000. Versant Capital Management Inc raised its position in Welltower by 165.5% in the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust's stock worth $38,000 after buying an additional 187 shares during the last quarter. Finally, First Command Advisory Services Inc. bought a new position in Welltower during the 4th quarter valued at about $50,000. Hedge funds and other institutional investors own 94.80% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Wells Fargo & Company restated an "equal weight" rating on shares of Welltower in a research report on Thursday. Mizuho raised their price target on Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Jefferies Financial Group upgraded Welltower from a "hold" rating to a "buy" rating and upped their price objective for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. StockNews.com cut Welltower from a "hold" rating to a "sell" rating in a research report on Wednesday, March 26th. Finally, Evercore ISI upped their price target on shares of Welltower from $144.00 to $145.00 and gave the company an "in-line" rating in a research report on Tuesday, March 4th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $156.46.

Welltower Price Performance

Shares of WELL traded up $1.54 during trading hours on Friday, reaching $147.17. 1,951,686 shares of the stock traded hands, compared to its average volume of 2,866,048. Welltower Inc. has a 52-week low of $89.38 and a 52-week 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 cap of $95.43 billion, a P/E ratio of 94.34, a price-to-earnings-growth ratio of 2.87 and a beta of 0.93. The company's 50-day moving average price is $148.24 and its two-hundred day moving average price is $137.36.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings data 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%. On average, analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 1.82%. The ex-dividend date was Tuesday, February 25th. Welltower's dividend payout ratio (DPR) is presently 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.