APG Asset Management N.V. Grows Stock Position in Welltower Inc. (NYSE:WELL)

APG Asset Management N.V. raised its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 5,100.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 332,178 shares of the real estate investment trust's stock after purchasing an additional 325,791 shares during the quarter. APG Asset Management N.V. owned 0.05% of Welltower worth $40,429,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new stake in shares of Welltower in the 4th quarter valued at $25,000. Roxbury Financial LLC purchased a new position in shares of Welltower in the fourth quarter valued at approximately $26,000. Sierra Ocean LLC acquired a new position in shares of Welltower in the fourth quarter worth $28,000. Versant Capital Management Inc increased its holdings in 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 purchasing an additional 187 shares during the period. Finally, First Command Advisory Services Inc. purchased a new stake in shares of Welltower during the fourth quarter worth approximately $50,000. Institutional investors and hedge funds own 94.80% of the company's stock.

Welltower Price Performance

Shares of NYSE:WELL traded up $1.85 during midday trading on Monday, hitting $144.52. 674,436 shares of the stock were exchanged, compared to its average volume of 3,113,951. Welltower Inc. has a twelve month low of $87.87 and a twelve month high of $158.55. 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 company has a 50 day moving average price of $147.95 and a 200-day moving average price of $136.97. The stock has a market cap of $93.71 billion, a P/E ratio of 92.64, a PEG ratio of 2.87 and a beta of 0.93.

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Welltower (NYSE:WELL - Get Free Report) last announced its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 year.

Welltower Announces Dividend

The firm also recently announced 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 of this dividend was Tuesday, February 25th. This represents a $2.68 annualized dividend and a yield of 1.85%. Welltower's payout ratio is currently 171.79%.

Analyst Ratings Changes

A number of brokerages have issued reports on WELL. Wells Fargo & Company raised Welltower from an "equal weight" rating to an "overweight" rating and set a $158.00 price target for the company in a report on Tuesday, April 8th. Royal Bank of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and upped their target price for the company from $146.00 to $168.00 in a report on Friday, February 28th. Raymond James lifted 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. Evercore ISI boosted their target price on Welltower from $144.00 to $145.00 and gave the stock an "in-line" rating in a research report on Tuesday, March 4th. Finally, Mizuho raised their price target on Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Welltower has an average rating of "Moderate Buy" and a consensus price target of $156.46.

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.