Wambolt & Associates LLC reduced its stake in Welltower Inc. (NYSE:WELL - Free Report) by 17.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,665 shares of the real estate investment trust's stock after selling 2,950 shares during the period. Wambolt & Associates LLC's holdings in Welltower were worth $1,722,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp boosted its position in Welltower by 44.1% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 402,688 shares of the real estate investment trust's stock valued at $50,751,000 after buying an additional 123,228 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its stake in shares of Welltower by 6.3% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 56,212 shares of the real estate investment trust's stock valued at $7,084,000 after acquiring an additional 3,327 shares during the last quarter. Prestige Wealth Management Group LLC boosted its holdings in shares of Welltower by 5.0% in the 4th quarter. Prestige Wealth Management Group LLC now owns 7,999 shares of the real estate investment trust's stock worth $1,008,000 after acquiring an additional 380 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its position in Welltower by 5.2% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 1,811 shares of the real estate investment trust's stock worth $228,000 after acquiring an additional 89 shares during the last quarter. Finally, M.D. Sass LLC acquired a new stake in Welltower during the 4th quarter valued at $48,767,000. 94.80% of the stock is currently owned by institutional investors.
Welltower Stock Up 2.3 %
WELL traded up $3.47 on Friday, hitting $153.39. 2,852,597 shares of the company were exchanged, compared to its average volume of 2,802,695. The stock's fifty day moving average is $145.78 and its 200-day moving average is $135.57. Welltower Inc. has a 12 month low of $87.87 and a 12 month 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 company has a market cap of $98.37 billion, a PE ratio of 98.33, a PEG ratio of 2.87 and a beta of 1.20.
Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings data 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 return on equity of 3.15% and a net margin of 11.91%. Equities research analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.
Welltower Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend was Tuesday, February 25th. Welltower's dividend payout ratio (DPR) is presently 171.79%.
Analyst Ratings Changes
A number of research firms recently issued reports on WELL. Evercore ISI lifted their price target on Welltower from $144.00 to $145.00 and gave the company an "in-line" rating in a report on Tuesday, March 4th. Royal Bank of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and raised their target price for the company from $146.00 to $168.00 in a research note on Friday, February 28th. Bank of America lifted their price objective on Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. Wells Fargo & Company increased their target price on shares of Welltower from $140.00 to $158.00 and gave the stock an "equal weight" rating in a report on Monday, March 10th. Finally, StockNews.com cut Welltower from a "hold" rating to a "sell" rating in a report on Wednesday. One analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Welltower has a consensus rating of "Moderate Buy" and an average price target of $156.46.
Read Our Latest Report on Welltower
About Welltower
(
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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