Stevens Capital Management LP Sells 23,084 Shares of Welltower Inc. (NYSE:WELL)

Stevens Capital Management LP lowered its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 63.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,064 shares of the real estate investment trust's stock after selling 23,084 shares during the quarter. Stevens Capital Management LP's holdings in Welltower were worth $1,646,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new stake in shares of Welltower during the 4th quarter valued at about $25,000. Roxbury Financial LLC acquired a new position in Welltower in the fourth quarter valued at approximately $26,000. Sierra Ocean LLC bought a new position in shares of Welltower during the 4th quarter worth approximately $28,000. Versant Capital Management Inc grew its position 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 buying an additional 187 shares during the period. Finally, First Command Advisory Services Inc. bought a new stake in shares of Welltower in the 4th quarter valued at $50,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on WELL shares. Wells Fargo & Company increased their target price on shares of Welltower from $140.00 to $158.00 and gave the stock an "equal weight" rating in a research note on Monday, March 10th. Royal Bank of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and lifted their price target for the company from $146.00 to $168.00 in a research report on Friday, February 28th. Mizuho upped their price objective on shares of Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a report on Tuesday, March 18th. Evercore ISI lifted their price objective on shares of Welltower from $144.00 to $145.00 and gave the company an "in-line" rating in a report on Tuesday, March 4th. Finally, 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 report on Friday, February 14th. One 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 given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $156.46.

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Welltower Stock Performance

Shares of WELL traded up $0.39 during mid-day trading on Thursday, hitting $150.24. The stock had a trading volume of 2,849,151 shares, compared to its average volume of 2,643,099. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. The firm has a market cap of $96.35 billion, a P/E ratio of 96.31, a PEG ratio of 2.87 and a beta of 1.20. Welltower Inc. has a 52 week low of $87.87 and a 52 week high of $158.55. The business has a fifty day moving average price of $145.31 and a 200-day moving average price of $135.34.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 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 expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were paid a $0.67 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a yield of 1.78%. Welltower's dividend payout ratio is 171.79%.

About Welltower

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.