Transform Wealth LLC Has $12.94 Million Stock Holdings in Welltower Inc. (NYSE:WELL)

Transform Wealth LLC lifted its holdings in shares of Welltower Inc. (NYSE:WELL - Free Report) by 14.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 102,650 shares of the real estate investment trust's stock after purchasing an additional 12,572 shares during the quarter. Transform Wealth LLC's holdings in Welltower were worth $12,937,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WELL. Wellington Management Group LLP boosted its position in shares of Welltower by 10.6% during the 3rd quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust's stock worth $2,392,349,000 after acquiring an additional 1,797,330 shares in the last quarter. FMR LLC boosted its holdings in shares of Welltower by 38.1% in the 3rd quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust's stock valued at $1,847,289,000 after purchasing an additional 3,977,845 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Welltower by 638.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust's stock valued at $886,022,000 after purchasing an additional 5,982,711 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Welltower by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust's stock worth $776,657,000 after buying an additional 46,332 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Welltower by 11.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,914,363 shares of the real estate investment trust's stock worth $373,126,000 after buying an additional 291,839 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on WELL shares. StockNews.com upgraded Welltower from a "sell" rating to a "hold" rating in a research report on Wednesday, October 30th. Scotiabank upped their price objective on shares of Welltower from $133.00 to $142.00 and gave the stock a "sector outperform" rating in a research report on Monday, November 25th. Jefferies Financial Group raised shares of Welltower from a "hold" rating to a "buy" rating and increased their price objective for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd. Mizuho boosted their target price on shares of Welltower from $136.00 to $141.00 and gave the stock an "outperform" rating in a research note on Thursday, December 5th. Finally, Raymond James increased their price target on Welltower from $145.00 to $155.00 and gave the company a "strong-buy" rating in a research note on Monday, December 16th. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $127.63.

Welltower Trading Up 3.3 %

Shares of NYSE:WELL traded up $4.32 during midday trading on Tuesday, reaching $133.66. The company's stock had a trading volume of 1,953,981 shares, compared to its average volume of 2,285,553. Welltower Inc. has a fifty-two week low of $85.40 and a fifty-two week high of $140.75. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. The firm has a 50 day moving average price of $130.27 and a two-hundred day moving average price of $124.72. The firm has a market capitalization of $83.23 billion, a price-to-earnings ratio of 87.94, a PEG ratio of 2.61 and a beta of 1.22.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.04 by ($0.31). The business had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.95 billion. Welltower had a return on equity of 3.20% and a net margin of 12.22%. Welltower's quarterly revenue was up 23.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.92 earnings per share. As a group, analysts forecast 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 was paid on Thursday, November 21st. Stockholders of record on Wednesday, November 13th were paid a $0.67 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $2.68 annualized dividend and a dividend yield of 2.01%. Welltower's dividend payout ratio is presently 176.32%.

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.