Capital International Investors Has $4.67 Billion Stake in Welltower Inc. (NYSE:WELL)

Capital International Investors increased its stake in shares of Welltower Inc. (NYSE:WELL) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,096,408 shares of the real estate investment trust’s stock after buying an additional 318,496 shares during the quarter. Welltower comprises approximately 0.9% of Capital International Investors’ investment portfolio, making the stock its 26th biggest position. Capital International Investors owned about 5.96% of Welltower worth $4,674,826,000 as of its most recent SEC filing.

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

Welltower Stock Up 1.1 %

Shares of NYSE:WELL opened at $147.17 on Friday. The business has a fifty day simple moving average of $148.24 and a 200 day simple moving average of $137.36. Welltower Inc. has a 12-month low of $89.38 and a 12-month high of $158.55. The firm has a market cap of $95.43 billion, a P/E ratio of 94.34, a P/E/G ratio of 2.87 and a beta of 0.93. 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 quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, topping 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%. Analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.82%. The ex-dividend date was Tuesday, February 25th. Welltower’s dividend payout ratio (DPR) is presently 171.79%.

Analyst Ratings Changes

Several brokerages have commented on WELL. Bank of America boosted their price objective on shares of Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Wedbush restated an “underperform” rating on shares of Welltower in a research report on Thursday. Evercore ISI lifted their target price on Welltower from $144.00 to $145.00 and gave the company an “in-line” rating in a research report on Tuesday, March 4th. Jefferies Financial Group raised 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. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating on shares of Welltower in a report on Thursday. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $156.46.

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.