World Investment Advisors bought a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,236 shares of the real estate investment trust's stock, valued at approximately $282,000.
Other large investors also recently added to or reduced their stakes in the company. Mather Group LLC. increased its stake in Welltower by 3.8% in the 4th quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust's stock worth $259,000 after acquiring an additional 75 shares during the last quarter. Childress Capital Advisors LLC raised its stake in Welltower by 3.7% during the fourth quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust's stock valued at $271,000 after purchasing an additional 76 shares in the last quarter. Woodmont Investment Counsel LLC lifted its position in Welltower by 3.8% during the fourth quarter. Woodmont Investment Counsel LLC now owns 2,213 shares of the real estate investment trust's stock valued at $279,000 after purchasing an additional 81 shares during the last quarter. Wealthspire Advisors LLC lifted its position in Welltower by 2.5% during the fourth quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust's stock valued at $435,000 after purchasing an additional 83 shares during the last quarter. Finally, Graypoint LLC grew its stake in shares of Welltower by 2.5% in the 4th quarter. Graypoint LLC now owns 3,427 shares of the real estate investment trust's stock worth $432,000 after buying an additional 84 shares in the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research analysts recently commented on WELL shares. Raymond James lifted their price target on Welltower from $145.00 to $155.00 and gave the stock a "strong-buy" rating in a research report on Monday, December 16th. Bank of America boosted their price objective on Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Jefferies Financial Group upgraded shares of Welltower from a "hold" rating to a "buy" rating and increased their target price for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Mizuho boosted their price target on shares of Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. Finally, Scotiabank lifted their price objective on shares of Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a report on Thursday, March 6th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $156.46.
View Our Latest Stock Analysis on WELL
Welltower Price Performance
Shares of WELL stock traded up $1.63 during mid-day trading on Monday, hitting $144.30. 334,160 shares of the stock were exchanged, compared to its average volume of 2,858,684. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. Welltower Inc. has a 52-week low of $87.87 and a 52-week high of $158.55. The firm has a fifty day moving average of $147.95 and a 200 day moving average of $136.97. The company has a market cap of $93.57 billion, a PE ratio of 92.50, a price-to-earnings-growth ratio of 2.87 and a beta of 0.93.
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, beating 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%. Research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.
Welltower Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were given a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 annualized dividend and a dividend yield of 1.86%. Welltower's dividend payout ratio (DPR) is presently 171.79%.
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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