Welltower Inc. (NYSE:WELL) Shares Acquired by Deutsche Bank AG

Deutsche Bank AG lifted its position in shares of Welltower Inc. (NYSE:WELL) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,003,103 shares of the real estate investment trust’s stock after purchasing an additional 254,556 shares during the period. Deutsche Bank AG’s holdings in Welltower were worth $630,541,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vestmark Advisory Solutions Inc. raised its holdings in Welltower by 120.3% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust’s stock valued at $1,817,000 after acquiring an additional 7,872 shares in the last quarter. Barclays PLC increased its stake in Welltower by 29.2% during the third quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock valued at $215,659,000 after purchasing an additional 380,888 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Welltower by 30.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 544,838 shares of the real estate investment trust’s stock valued at $68,666,000 after buying an additional 128,090 shares during the last quarter. Park Avenue Securities LLC raised its position in shares of Welltower by 20.1% during the 4th quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust’s stock worth $1,696,000 after purchasing an additional 2,250 shares during the period. Finally, Cbre Investment Management Listed Real Assets LLC boosted its position in Welltower by 17.3% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,936,954 shares of the real estate investment trust’s stock valued at $244,114,000 after purchasing an additional 285,015 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Trading Up 0.6 %

Shares of NYSE WELL opened at $151.35 on Thursday. 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 has a market capitalization of $98.98 billion, a PE ratio of 97.02, a PEG ratio of 2.87 and a beta of 0.94. The business has a 50-day moving average price of $148.01 and a two-hundred day moving average price of $139.49. Welltower Inc. has a one year low of $97.22 and a one year high of $158.55.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.15 by $0.05. Welltower had a net margin of 11.91% and a return on equity of 3.15%. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same period in the prior year, the company posted $1.01 earnings per share. Welltower’s revenue for the quarter was up 30.3% on a year-over-year basis. As a group, analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 14th will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $2.68 annualized dividend and a yield of 1.77%. Welltower’s dividend payout ratio (DPR) is presently 154.02%.

Analysts Set New Price Targets

A number of research firms have issued reports on WELL. Royal Bank of Canada upgraded Welltower from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $146.00 to $168.00 in a research note on Friday, February 28th. StockNews.com downgraded Welltower from a “hold” rating to a “sell” rating in a research report on Wednesday, April 30th. Wells Fargo & Company reiterated an “equal weight” rating on shares of Welltower in a research report on Thursday, April 17th. Scotiabank raised their price target on Welltower from $165.00 to $166.00 and gave the company a “sector outperform” rating in a report on Thursday, March 6th. Finally, Morgan Stanley increased their target price on shares of Welltower from $155.00 to $160.00 and gave the company an “overweight” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $161.83.

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.