Savant Capital LLC Purchases 2,823 Shares of Welltower Inc. (NYSE:WELL)

Savant Capital LLC raised its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 45.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 8,971 shares of the real estate investment trust's stock after purchasing an additional 2,823 shares during the quarter. Savant Capital LLC's holdings in Welltower were worth $1,131,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in WELL. Laurel Wealth Advisors LLC acquired a new position in Welltower in the fourth quarter valued at about $25,000. Fortitude Family Office LLC boosted its position in Welltower by 37.0% in the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 78 shares in the last quarter. Versant Capital Management Inc boosted its position in Welltower by 165.5% in 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. Ashton Thomas Securities LLC acquired a new position in Welltower in the third quarter valued at about $50,000. Finally, FSA Wealth Management LLC acquired a new position in Welltower in the third quarter valued at about $59,000. Institutional investors own 94.80% of the company's stock.

Welltower Trading Up 0.2 %

Shares of WELL traded up $0.35 on Tuesday, reaching $150.32. 572,501 shares of the company's stock were exchanged, compared to its average volume of 2,521,300. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $93.60 billion, a P/E ratio of 98.89, a price-to-earnings-growth ratio of 2.83 and a beta of 1.23. The business has a 50 day moving average price of $132.15 and a two-hundred day moving average price of $129.33. Welltower Inc. has a 12 month low of $87.87 and a 12 month high of $152.81.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly 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 net margin of 12.22% and a return on equity of 3.20%. Research analysts anticipate that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.78%. The ex-dividend date is Tuesday, February 25th. Welltower's payout ratio is presently 176.32%.

Analyst Upgrades and Downgrades

WELL has been the topic of a number of recent analyst reports. Raymond James boosted 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. StockNews.com lowered shares of Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, February 13th. Wedbush upgraded shares of Welltower from a "neutral" rating to an "outperform" rating and upped their target price for the stock from $145.00 to $167.00 in a research report on Friday. Scotiabank upped their target price on shares of Welltower from $142.00 to $144.00 and gave the stock a "sector outperform" rating in a research report on Monday, January 27th. Finally, Bank of America upped their target price on shares of Welltower from $190.00 to $221.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Welltower presently has an average rating of "Moderate Buy" and a consensus target price of $138.58.

Welltower 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.