Xponance Inc. raised its stake in Welltower Inc. (NYSE:WELL - Free Report) by 8.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,087 shares of the real estate investment trust's stock after acquiring an additional 6,946 shares during the period. Xponance Inc.'s holdings in Welltower were worth $11,354,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the business. Generali Asset Management SPA SGR bought a new stake in Welltower during the 4th quarter worth $6,078,000. Horizon Investments LLC grew its position in Welltower by 1.2% during the 4th quarter. Horizon Investments LLC now owns 7,978 shares of the real estate investment trust's stock worth $1,005,000 after acquiring an additional 95 shares during the last quarter. Advisors Asset Management Inc. grew its position in Welltower by 16.2% during the 4th quarter. Advisors Asset Management Inc. now owns 53,386 shares of the real estate investment trust's stock worth $6,728,000 after acquiring an additional 7,461 shares during the last quarter. Flagship Wealth Advisors LLC bought a new stake in Welltower during the 4th quarter worth $90,000. Finally, Signaturefd LLC grew its position in Welltower by 5.6% during the 4th quarter. Signaturefd LLC now owns 10,297 shares of the real estate investment trust's stock worth $1,298,000 after acquiring an additional 550 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.
Analyst Ratings Changes
WELL has been the topic of a number of analyst reports. Mizuho upped their price target on Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. Royal Bank of Canada upgraded Welltower from a "sector perform" rating to an "outperform" rating and upped their price target for the company from $146.00 to $168.00 in a research report on Friday, February 28th. StockNews.com upgraded Welltower from a "sell" rating to a "hold" rating in a research report on Tuesday, March 18th. Raymond James upped their price target on Welltower from $145.00 to $155.00 and gave the company a "strong-buy" rating in a research report on Monday, December 16th. Finally, Jefferies Financial Group upgraded Welltower from a "hold" rating to a "buy" rating and upped their price target for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $156.46.
Get Our Latest Stock Report on Welltower
Welltower Stock Down 0.7 %
WELL stock traded down $1.05 during trading on Friday, reaching $146.84. 12,751,964 shares of the stock were exchanged, compared to its average volume of 2,626,810. The firm's 50 day moving average is $143.50 and its 200 day moving average is $134.71. 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 firm has a market cap of $94.17 billion, a P/E ratio of 94.13, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20.
Welltower (NYSE:WELL - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, topping 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%. As a group, research analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.
Welltower Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 1.83%. The ex-dividend date was Tuesday, February 25th. 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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