Blair William & Co. IL Reduces Position in Welltower Inc. (NYSE:WELL)

Blair William & Co. IL trimmed its stake in Welltower Inc. (NYSE:WELL) by 0.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,214 shares of the real estate investment trust’s stock after selling 185 shares during the period. Blair William & Co. IL’s holdings in Welltower were worth $3,682,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Laurel Wealth Advisors LLC purchased a new stake in Welltower in the fourth quarter worth about $25,000. Roxbury Financial LLC bought a new stake in Welltower during the 4th quarter worth approximately $26,000. Sierra Ocean LLC purchased a new position in Welltower during the fourth quarter valued at approximately $28,000. Versant Capital Management Inc boosted its position in shares of Welltower by 165.5% in the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 187 shares during the period. Finally, First Command Advisory Services Inc. purchased a new stake in shares of Welltower in the fourth quarter worth $50,000. 94.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on WELL shares. Wells Fargo & Company upped their target price on shares of Welltower from $140.00 to $158.00 and gave the stock an “equal weight” rating in a report on Monday, March 10th. Evercore ISI increased their target price on Welltower from $144.00 to $145.00 and gave the stock an “in-line” rating in a research report on Tuesday, March 4th. StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a report on Wednesday, March 26th. Scotiabank increased 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. Finally, Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and boosted their target price for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.46.

Welltower Stock Down 0.1 %

Shares of NYSE WELL opened at $153.24 on Tuesday. The stock has a market capitalization of $98.27 billion, a price-to-earnings ratio of 98.23, a P/E/G ratio of 2.87 and a beta of 1.20. Welltower Inc. has a 12-month low of $87.87 and a 12-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’s 50-day moving average price is $146.26 and its 200-day moving average price is $135.79.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating 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%. On average, equities research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date was Tuesday, February 25th. Welltower’s dividend payout ratio (DPR) is 171.79%.

About Welltower

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.