Cbre Investment Management Listed Real Assets LLC Increases Holdings in Welltower Inc. (NYSE:WELL)

Cbre Investment Management Listed Real Assets LLC increased its stake in Welltower Inc. (NYSE:WELL - Free Report) by 17.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,936,954 shares of the real estate investment trust's stock after purchasing an additional 285,015 shares during the quarter. Welltower comprises about 4.3% of Cbre Investment Management Listed Real Assets LLC's portfolio, making the stock its 4th biggest holding. Cbre Investment Management Listed Real Assets LLC owned 0.31% of Welltower worth $244,114,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Retirement Systems of Alabama raised its holdings in shares of Welltower by 3.7% in the 3rd quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust's stock worth $60,228,000 after purchasing an additional 16,946 shares in the last quarter. Barclays PLC increased its holdings in shares of Welltower by 29.2% in the third quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust's stock valued at $215,659,000 after buying an additional 380,888 shares in the last quarter. Park Avenue Securities LLC lifted its position in shares of Welltower by 20.1% during the 4th quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust's stock valued at $1,696,000 after acquiring an additional 2,250 shares during the last quarter. Whipplewood Advisors LLC acquired a new stake in shares of Welltower during the 4th quarter valued at $367,000. Finally, Nordea Investment Management AB grew its holdings in shares of Welltower by 28.1% in the 4th quarter. Nordea Investment Management AB now owns 1,477,388 shares of the real estate investment trust's stock worth $185,649,000 after acquiring an additional 324,520 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

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Wall Street Analysts Forecast Growth

WELL has been the subject of a number of research analyst reports. 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. Royal Bank of Canada raised Welltower from a "sector perform" rating to an "outperform" rating and upped their target price for the stock from $146.00 to $168.00 in a research report on Friday, February 28th. 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. Raymond James increased their price objective on Welltower from $145.00 to $155.00 and gave the stock a "strong-buy" rating in a report on Monday, December 16th. Finally, StockNews.com lowered shares of Welltower from a "hold" rating to a "sell" rating in a research note on Thursday, February 13th. One research 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's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $148.42.

Welltower Stock Performance

Shares of NYSE WELL traded down $1.76 during trading hours on Friday, hitting $147.22. 3,323,918 shares of the company's stock were exchanged, compared to its average volume of 2,582,604. The stock has a market capitalization of $94.41 billion, a price-to-earnings ratio of 94.37, a PEG ratio of 2.87 and a beta of 1.20. The company's 50-day moving average price is $138.99 and its 200-day moving average price is $132.63. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $158.55.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share 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%. On average, sell-side analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date of this dividend was Tuesday, February 25th. Welltower's dividend payout ratio is currently 171.79%.

Welltower 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.