Welltower Inc. (NYSE:WELL) Shares Bought by Gallagher Fiduciary Advisors LLC

Gallagher Fiduciary Advisors LLC grew its position in shares of Welltower Inc. (NYSE:WELL) by 5.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,365 shares of the real estate investment trust’s stock after purchasing an additional 458 shares during the period. Gallagher Fiduciary Advisors LLC’s holdings in Welltower were worth $1,180,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of WELL. Laurel Wealth Advisors LLC acquired a new stake in shares of Welltower during the 4th quarter worth about $25,000. Roxbury Financial LLC purchased a new position in shares of Welltower during the 4th quarter worth about $26,000. Sierra Ocean LLC purchased a new position in shares of Welltower during the 4th quarter worth about $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. purchased a new position in shares of Welltower during the 4th quarter worth about $50,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on WELL. Wedbush reiterated an “underperform” rating on shares of Welltower in a report on Thursday, April 17th. Wells Fargo & Company restated an “equal weight” rating on shares of Welltower in a report on Thursday, April 17th. Jefferies Financial Group upgraded 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. Scotiabank increased their target price on shares of Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a research report on Thursday, March 6th. Finally, Evercore ISI lifted their price target on shares of Welltower from $145.00 to $157.00 and gave the company an “in-line” rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and a consensus target price of $157.46.

Welltower Trading Down 1.4 %

Shares of WELL opened at $150.39 on Friday. Welltower Inc. has a one year low of $93.72 and a one year high of $158.55. The stock has a 50-day moving average price of $148.09 and a 200 day moving average price of $138.93. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The company has a market capitalization of $97.98 billion, a P/E ratio of 96.40, a P/E/G ratio of 2.87 and a beta of 0.93.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.05. The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.40 billion. Welltower had a net margin of 11.91% and a return on equity of 3.15%. The business’s quarterly revenue was up 30.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.01 earnings per share. Sell-side analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.78%. Welltower’s dividend payout ratio (DPR) is presently 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.