Groupama Asset Managment Has $2.18 Million Stock Position in Welltower Inc. (NYSE:WELL)

Groupama Asset Managment grew its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 23,204.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,900,000 shares of the real estate investment trust's stock after buying an additional 1,891,847 shares during the quarter. Groupama Asset Managment owned 0.31% of Welltower worth $2,183,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Mather Group LLC. increased its stake in shares of Welltower by 3.8% during the 4th quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust's stock worth $259,000 after purchasing an additional 75 shares in the last quarter. Childress Capital Advisors LLC boosted its position in shares of Welltower by 3.7% in the fourth quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust's stock worth $271,000 after acquiring an additional 76 shares during the last quarter. Woodmont Investment Counsel LLC grew its holdings in Welltower by 3.8% in the fourth quarter. Woodmont Investment Counsel LLC now owns 2,213 shares of the real estate investment trust's stock valued at $279,000 after purchasing an additional 81 shares during the period. Wealthspire Advisors LLC increased its position in Welltower by 2.5% during the fourth quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust's stock worth $435,000 after purchasing an additional 83 shares during the last quarter. Finally, Graypoint LLC increased its position in Welltower by 2.5% during the fourth quarter. Graypoint LLC now owns 3,427 shares of the real estate investment trust's stock worth $432,000 after purchasing an additional 84 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Remove Ads

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Bank of America lifted their price objective on Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. StockNews.com lowered shares of Welltower from a "hold" rating to a "sell" rating in a research report on Wednesday, March 26th. Jefferies Financial Group raised shares of Welltower from a "hold" rating to a "buy" rating and upped their price target for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Evercore ISI boosted their price objective on Welltower from $144.00 to $145.00 and gave the stock an "in-line" rating in a research note on Tuesday, March 4th. Finally, Scotiabank lifted their target price on Welltower from $165.00 to $166.00 and gave the stock a "sector outperform" rating in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $156.46.

Welltower Stock Down 1.7 %

Shares of NYSE:WELL traded down $2.37 during midday trading on Monday, hitting $140.92. 1,915,021 shares of the stock were exchanged, compared to its average volume of 2,831,224. The company has a market capitalization of $91.37 billion, a PE ratio of 89.95, a P/E/G ratio of 2.87 and a beta of 0.93. Welltower Inc. has a 52-week low of $87.87 and a 52-week high of $158.55. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The business's fifty day simple moving average is $147.64 and its two-hundred day simple moving average is $136.41.

Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating 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, research 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. Stockholders of record on Tuesday, February 25th were paid 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 1.90%. Welltower's dividend payout ratio (DPR) is 171.79%.

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.