Schroder Investment Management Group Increases Stock Holdings in Welltower Inc. (NYSE:WELL)

Schroder Investment Management Group increased its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 3.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,349,763 shares of the real estate investment trust's stock after purchasing an additional 45,159 shares during the period. Schroder Investment Management Group owned approximately 0.22% of Welltower worth $168,612,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Norges Bank bought a new stake in Welltower during the 4th quarter worth about $3,943,892,000. Vanguard Group Inc. raised its stake in shares of Welltower by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 98,295,258 shares of the real estate investment trust's stock valued at $12,388,151,000 after purchasing an additional 2,612,044 shares during the period. Wellington Management Group LLP grew its position in Welltower by 10.6% in the third quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust's stock valued at $2,392,349,000 after purchasing an additional 1,797,330 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Welltower during the fourth quarter valued at approximately $90,565,000. Finally, Amundi grew its stake in shares of Welltower by 18.5% in the fourth quarter. Amundi now owns 3,773,827 shares of the real estate investment trust's stock valued at $477,314,000 after buying an additional 589,255 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WELL has been the subject of a number of research analyst reports. Royal Bank of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from $146.00 to $168.00 in a research report on Friday, February 28th. StockNews.com lowered Welltower from a "hold" rating to a "sell" rating in a research note on Wednesday, March 26th. Evercore ISI upped their target price on Welltower from $144.00 to $145.00 and gave the stock an "in-line" rating in a report on Tuesday, March 4th. Mizuho boosted their price objective on shares of Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Finally, Bank of America lifted their target price 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 equities research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $156.46.

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Welltower Stock Performance

Shares of NYSE:WELL traded up $0.89 during mid-day trading on Tuesday, reaching $154.10. The company had a trading volume of 3,198,022 shares, compared to its average volume of 2,810,286. The company's 50-day moving average price is $146.67 and its 200-day moving average price is $135.96. Welltower Inc. has a one year low of $87.87 and a one year high of $158.55. The firm has a market cap of $98.83 billion, a price-to-earnings ratio of 98.78, a PEG ratio of 2.87 and a beta of 1.20. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48.

Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. As a group, equities research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.67 per share. The ex-dividend date was Tuesday, February 25th. This represents a $2.68 annualized dividend and a dividend yield of 1.74%. Welltower's dividend payout ratio is currently 171.79%.

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.