Welltower Inc. (NYSE:WELL) Shares Acquired by Capital Research Global Investors

Capital Research Global Investors lifted its position in shares of Welltower Inc. (NYSE:WELL) by 2.3% during the 4th quarter, HoldingsChannel reports. The fund owned 678,940 shares of the real estate investment trust’s stock after purchasing an additional 14,994 shares during the period. Capital Research Global Investors’ holdings in Welltower were worth $85,567,000 at the end of the most recent reporting period.

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

Welltower Price Performance

Shares of WELL stock opened at $147.17 on Monday. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. The company has a market capitalization of $95.89 billion, a PE ratio of 94.34, a price-to-earnings-growth ratio of 2.87 and a beta of 0.93. The firm’s 50-day moving average is $148.31 and its two-hundred day moving average is $137.64. Welltower Inc. has a 12 month low of $90.76 and a 12 month high of $158.55.

Welltower (NYSE:WELL) last released its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, beating 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 firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors 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 dividend yield of 1.82%. The ex-dividend date of this dividend was Tuesday, February 25th. Welltower’s payout ratio is 171.79%.

Analyst Ratings Changes

WELL has been the topic of several research analyst reports. Wedbush reiterated an “underperform” rating on shares of Welltower in a research report on Thursday. Mizuho boosted their price objective on Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. Scotiabank increased their target price on Welltower from $165.00 to $166.00 and gave the company a “sector outperform” rating in a report on Thursday, March 6th. 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. Finally, 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 note on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $156.46.

Welltower Company 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.