Windle Wealth LLC lessened its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 5.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 65,148 shares of the real estate investment trust's stock after selling 4,023 shares during the period. Welltower comprises about 4.5% of Windle Wealth LLC's holdings, making the stock its 4th biggest position. Windle Wealth LLC's holdings in Welltower were worth $8,211,000 as of its most recent filing with the SEC.
Other large investors have also added to or reduced their stakes in the company. Wellington Management Group LLP increased its stake in shares of 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 worth $2,392,349,000 after purchasing an additional 1,797,330 shares in the last quarter. FMR LLC increased its stake in shares of Welltower by 38.1% in the third quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust's stock worth $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 third 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 worth $886,022,000 after purchasing an additional 5,982,711 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Welltower by 0.8% in the third 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 purchasing an additional 46,332 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Welltower by 3.1% in the fourth quarter. Bank of New York Mellon Corp now owns 3,884,674 shares of the real estate investment trust's stock worth $489,585,000 after purchasing an additional 117,170 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.
Welltower Trading Up 0.7 %
WELL stock opened at $147.19 on Wednesday. The company has a market capitalization of $94.39 billion, a PE ratio of 94.35, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20. Welltower Inc. has a one year low of $87.87 and a one year high of $158.55. The company's 50 day moving average price is $139.84 and its two-hundred day moving average price is $133.26. 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 posted its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, topping 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%. As a group, analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.
Welltower Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend was Tuesday, February 25th. Welltower's dividend payout ratio (DPR) is presently 171.79%.
Wall Street Analysts Forecast Growth
WELL has been the subject of a number of analyst reports. Mizuho raised their price objective on shares of Welltower from $136.00 to $141.00 and gave the company an "outperform" rating in a research report on Thursday, December 5th. Jefferies Financial Group upgraded shares of Welltower from a "hold" rating to a "buy" rating and raised their price objective for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. Scotiabank raised their price objective on shares of Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a research report on Thursday, March 6th. Evercore ISI raised their price objective on shares of Welltower from $144.00 to $145.00 and gave the company an "in-line" rating in a research report on Tuesday, March 4th. Finally, Raymond James raised their price objective 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. One analyst has rated the stock with a sell rating, two have given a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Welltower currently has a consensus rating of "Moderate Buy" and an average target price of $150.19.
Get Our Latest Analysis on WELL
Welltower Company Profile
(
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.
Further Reading
Want to see what other hedge funds are holding WELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Welltower Inc. (NYSE:WELL - Free Report).

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