Metis Global Partners LLC Buys 3,574 Shares of Welltower Inc. (NYSE:WELL)

Metis Global Partners LLC lifted its holdings in shares of Welltower Inc. (NYSE:WELL - Free Report) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 94,192 shares of the real estate investment trust's stock after purchasing an additional 3,574 shares during the period. Metis Global Partners LLC's holdings in Welltower were worth $11,871,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of WELL. Fidelis Capital Partners LLC acquired a new position in Welltower in the third quarter valued at $222,000. Catalyst Financial Partners LLC acquired a new stake in Welltower during the third quarter worth approximately $216,000. Stephens Inc. AR increased its holdings in Welltower by 57.1% in the third quarter. Stephens Inc. AR now owns 10,610 shares of the real estate investment trust's stock worth $1,358,000 after purchasing an additional 3,857 shares in the last quarter. Focus Financial Network Inc. acquired a new position in Welltower in the third quarter valued at approximately $212,000. Finally, Farther Finance Advisors LLC increased its stake in shares of Welltower by 53.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,610 shares of the real estate investment trust's stock valued at $462,000 after acquiring an additional 1,261 shares in the last quarter. Institutional investors own 94.80% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on WELL. Raymond James increased their target price on shares of Welltower from $145.00 to $155.00 and gave the stock a "strong-buy" rating in a research note on Monday, December 16th. Jefferies Financial Group raised shares of Welltower from a "hold" rating to a "buy" rating and increased their price objective for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Wedbush raised Welltower from a "neutral" rating to an "outperform" rating and boosted their target price for the company from $145.00 to $167.00 in a research report on Friday, February 14th. StockNews.com lowered Welltower from a "hold" rating to a "sell" rating in a report on Thursday, February 13th. Finally, Royal Bank of Canada upgraded Welltower from a "sector perform" rating to an "outperform" rating and boosted their price objective for the company from $146.00 to $168.00 in a report on Friday. One research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Welltower currently has an average rating of "Moderate Buy" and an average price target of $145.96.

Welltower Stock Up 1.3 %

NYSE:WELL traded up $2.03 on Monday, hitting $155.54. The stock had a trading volume of 1,773,020 shares, compared to its average volume of 2,676,875. Welltower Inc. has a 1 year low of $87.87 and a 1 year high of $157.16. The firm's fifty day simple moving average is $136.36 and its two-hundred day simple moving average is $131.58. The stock has a market cap of $99.75 billion, a P/E ratio of 99.54, a price-to-earnings-growth ratio of 2.87 and a beta of 1.23. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22.

Welltower (NYSE:WELL - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 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%. Analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be given a dividend of $0.67 per share. The ex-dividend date is Tuesday, February 25th. This represents a $2.68 annualized dividend and a yield of 1.72%. Welltower's payout ratio is currently 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.