Sanctuary Advisors LLC lifted its position in Welltower Inc. (NYSE:WELL - Free Report) by 3.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 159,160 shares of the real estate investment trust's stock after buying an additional 5,574 shares during the period. Sanctuary Advisors LLC's holdings in Welltower were worth $21,834,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in WELL. Creative Planning increased its position in shares of Welltower by 2.3% in the 3rd quarter. Creative Planning now owns 165,077 shares of the real estate investment trust's stock valued at $21,135,000 after buying an additional 3,682 shares in the last quarter. Net Worth Advisory Group bought a new position in Welltower during the 3rd quarter worth about $360,000. Blue Trust Inc. increased its holdings in Welltower by 182.1% during the 3rd quarter. Blue Trust Inc. now owns 5,688 shares of the real estate investment trust's stock worth $728,000 after purchasing an additional 3,672 shares in the last quarter. Raymond James & Associates increased its holdings in Welltower by 9.6% during the 3rd quarter. Raymond James & Associates now owns 478,207 shares of the real estate investment trust's stock worth $61,225,000 after purchasing an additional 42,018 shares in the last quarter. Finally, One Degree Advisors Inc bought a new position in Welltower during the 3rd quarter worth about $243,000. Institutional investors own 94.80% of the company's stock.
Analyst Ratings Changes
A number of research firms have issued reports on WELL. StockNews.com cut Welltower from a "hold" rating to a "sell" rating in a report on Thursday, February 13th. Scotiabank increased their target price on Welltower from $142.00 to $144.00 and gave the stock a "sector outperform" rating in a report on Monday, January 27th. Raymond James increased their target price on Welltower from $145.00 to $155.00 and gave the stock a "strong-buy" rating in a report on Monday, December 16th. Mizuho increased their target price on Welltower from $136.00 to $141.00 and gave the stock an "outperform" rating in a report on Thursday, December 5th. Finally, Wedbush upgraded Welltower from a "neutral" rating to an "outperform" rating and increased their target price for the stock from $145.00 to $167.00 in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Welltower has an average rating of "Moderate Buy" and a consensus target price of $140.19.
View Our Latest Stock Analysis on Welltower
Welltower Stock Performance
NYSE:WELL traded down $1.63 during mid-day trading on Friday, hitting $148.69. The stock had a trading volume of 3,988,113 shares, compared to its average volume of 2,660,023. Welltower Inc. has a twelve month low of $87.87 and a twelve month high of $152.81. The stock has a market cap of $95.35 billion, a price-to-earnings ratio of 95.31, a PEG ratio of 2.86 and a beta of 1.23. The company's 50 day simple moving average is $133.83 and its 200 day simple moving average is $130.15. 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 (NYSE:WELL - Get Free Report) last issued its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate 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 forecast that Welltower Inc. will post 4.88 earnings per share for the current year.
Welltower Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be issued a $0.67 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $2.68 annualized dividend and a yield of 1.80%. Welltower's dividend payout ratio is currently 171.79%.
About Welltower
(
Free Report)
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.
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