Signaturefd LLC Increases Stock Holdings in Welltower Inc. (NYSE:WELL)

Signaturefd LLC increased its stake in Welltower Inc. (NYSE:WELL) by 7.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,531 shares of the real estate investment trust’s stock after acquiring an additional 563 shares during the quarter. Signaturefd LLC’s holdings in Welltower were worth $769,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC increased its position in shares of Welltower by 1.9% during the third quarter. Sequoia Financial Advisors LLC now owns 6,372 shares of the real estate investment trust’s stock worth $522,000 after purchasing an additional 119 shares in the last quarter. Profund Advisors LLC lifted its stake in shares of Welltower by 1.6% in the third quarter. Profund Advisors LLC now owns 7,632 shares of the real estate investment trust’s stock worth $625,000 after buying an additional 120 shares in the last quarter. Private Advisor Group LLC boosted its position in Welltower by 0.5% during the third quarter. Private Advisor Group LLC now owns 25,167 shares of the real estate investment trust’s stock worth $2,062,000 after acquiring an additional 127 shares during the last quarter. Stiles Financial Services Inc grew its stake in Welltower by 1.7% during the 3rd quarter. Stiles Financial Services Inc now owns 7,906 shares of the real estate investment trust’s stock valued at $648,000 after acquiring an additional 135 shares in the last quarter. Finally, Proficio Capital Partners LLC raised its holdings in Welltower by 2.9% in the 3rd quarter. Proficio Capital Partners LLC now owns 4,949 shares of the real estate investment trust’s stock valued at $405,000 after acquiring an additional 138 shares during the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on WELL shares. Mizuho boosted their target price on Welltower from $90.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, January 3rd. StockNews.com lowered Welltower from a “hold” rating to a “sell” rating in a research note on Friday, March 29th. Scotiabank cut their target price on Welltower from $97.00 to $96.00 and set a “sector outperform” rating on the stock in a research report on Monday, March 4th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Welltower in a research report on Tuesday, January 30th. They set a “buy” rating and a $115.00 price target on the stock. Finally, BNP Paribas began coverage on shares of Welltower in a research report on Monday, March 18th. They set an “outperform” rating and a $104.00 price objective for the company. One analyst has rated the stock with a sell rating, four have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $95.57.

Welltower Stock Performance

Shares of WELL opened at $92.98 on Wednesday. The company has a quick ratio of 3.22, a current ratio of 3.22 and a debt-to-equity ratio of 0.60. Welltower Inc. has a 52-week low of $72.47 and a 52-week high of $94.63. The company has a 50-day simple moving average of $92.03 and a 200-day simple moving average of $89.25. The company has a market capitalization of $54.96 billion, a PE ratio of 145.28, a P/E/G ratio of 2.32 and a beta of 1.08.

Welltower (NYSE:WELL) last issued its earnings results on Tuesday, February 13th. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.79). Welltower had a net margin of 5.12% and a return on equity of 1.47%. The company had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.72 billion. During the same period last year, the business posted $0.83 earnings per share. The company’s quarterly revenue was up 15.2% on a year-over-year basis. Equities research analysts predict that Welltower Inc. will post 4.04 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Investors of record on Friday, February 23rd were given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date of this dividend was Thursday, February 22nd. Welltower’s dividend payout ratio is presently 381.26%.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.