Aew Capital Management L P increased its stake in Welltower Inc. (NYSE:WELL - Free Report) by 2.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,408,478 shares of the real estate investment trust's stock after purchasing an additional 38,130 shares during the quarter. Welltower comprises about 8.6% of Aew Capital Management L P's portfolio, making the stock its 3rd biggest holding. Aew Capital Management L P owned 0.23% of Welltower worth $177,510,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of WELL. Laurel Wealth Advisors LLC bought a new stake in shares of Welltower in the 4th quarter worth $25,000. Roxbury Financial LLC acquired a new stake in Welltower in the 4th quarter valued at about $26,000. Sierra Ocean LLC bought a new position in shares of Welltower during the 4th quarter valued at about $28,000. Versant Capital Management Inc raised its holdings in shares of Welltower by 165.5% in the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust's stock worth $38,000 after purchasing an additional 187 shares in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in Welltower during the third quarter valued at approximately $50,000. Institutional investors own 94.80% of the company's stock.
Welltower Stock Up 0.7 %
NYSE WELL traded up $1.05 during trading on Wednesday, reaching $154.95. The company's stock had a trading volume of 2,390,952 shares, compared to its average volume of 2,571,138. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $99.37 billion, a PE ratio of 99.33, a PEG ratio of 2.87 and a beta of 1.20. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $158.55. The business has a 50-day moving average price of $137.53 and a 200-day moving average price of $132.14.
Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings data 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 net margin of 11.91% and a return on equity of 3.15%. On average, research analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.
Welltower Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $2.68 annualized dividend and a dividend yield of 1.73%. Welltower's dividend payout ratio (DPR) is presently 171.79%.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on WELL. Evercore ISI raised 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. Mizuho upped their price target 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. Bank of America increased their target price on Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Scotiabank increased their price objective on Welltower from $144.00 to $165.00 and gave the stock a "sector outperform" rating in a research note on Friday, February 28th. Finally, Jefferies Financial Group upgraded Welltower from a "hold" rating to a "buy" rating and upped their target price for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $148.35.
Read Our Latest Stock Report on Welltower
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.
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