Quantbot Technologies LP Invests $698,000 in Welltower Inc. (NYSE:WELL)

Quantbot Technologies LP acquired a new position in Welltower Inc. (NYSE:WELL) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 5,536 shares of the real estate investment trust’s stock, valued at approximately $698,000.

Other large investors also recently added to or reduced their stakes in the company. Roxbury Financial LLC purchased a new stake in shares of Welltower in the 4th quarter valued at about $26,000. Laurel Wealth Advisors LLC bought a new position in shares of Welltower in the fourth quarter worth approximately $25,000. Sierra Ocean LLC purchased a new stake in Welltower in the fourth quarter valued at approximately $28,000. Versant Capital Management Inc lifted its position in Welltower by 165.5% during the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 187 shares during the last quarter. Finally, First Command Advisory Services Inc. bought a new stake in Welltower during the fourth quarter valued at approximately $50,000. Institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on WELL shares. Wells Fargo & Company raised their price objective on shares of Welltower from $140.00 to $158.00 and gave the company an “equal weight” rating in a research report on Monday, March 10th. Evercore ISI lifted their price target on Welltower from $144.00 to $145.00 and gave the stock an “in-line” rating in a research note on Tuesday, March 4th. Bank of America increased their price objective on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Raymond James boosted their target price on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Monday, December 16th. Finally, Scotiabank increased their price target on shares of Welltower from $165.00 to $166.00 and gave the company a “sector outperform” rating in a research report on Thursday, March 6th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $156.46.

Welltower Price Performance

Shares of Welltower stock opened at $150.24 on Friday. The company’s fifty day simple moving average is $145.31 and its two-hundred day simple moving average is $135.34. Welltower Inc. has a 12-month low of $87.87 and a 12-month high of $158.55. The firm has a market cap of $96.35 billion, a PE ratio of 96.31, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20. 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 (NYSE:WELL) last posted its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (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, equities analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.78%. Welltower’s dividend payout ratio is presently 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.