Welltower Inc. (NYSE:WELL) Shares Acquired by Geller Advisors LLC

Geller Advisors LLC raised its stake in shares of Welltower Inc. (NYSE:WELL) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,911 shares of the real estate investment trust’s stock after purchasing an additional 69 shares during the period. Geller Advisors LLC’s holdings in Welltower were worth $241,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Gotham Asset Management LLC raised its stake in shares of Welltower by 85.5% in the 4th quarter. Gotham Asset Management LLC now owns 65,824 shares of the real estate investment trust’s stock valued at $8,296,000 after acquiring an additional 30,339 shares during the period. Graham Capital Management L.P. purchased a new position in Welltower in the fourth quarter valued at about $880,000. Focus Partners Wealth lifted its stake in shares of Welltower by 74.9% during the fourth quarter. Focus Partners Wealth now owns 36,905 shares of the real estate investment trust’s stock worth $4,809,000 after purchasing an additional 15,808 shares in the last quarter. Ellevest Inc. boosted its position in shares of Welltower by 23.6% in the fourth quarter. Ellevest Inc. now owns 5,494 shares of the real estate investment trust’s stock worth $692,000 after buying an additional 1,049 shares during the period. Finally, Ensign Peak Advisors Inc grew its stake in shares of Welltower by 1.6% in the fourth quarter. Ensign Peak Advisors Inc now owns 146,650 shares of the real estate investment trust’s stock valued at $18,482,000 after buying an additional 2,305 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Bank of America upped their price target on Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Scotiabank raised their price target 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. Wells Fargo & Company reiterated an “equal weight” rating on shares of Welltower in a report on Thursday, April 17th. Mizuho raised their target price on Welltower from $141.00 to $170.00 and gave the company an “outperform” rating in a research note on Tuesday, March 18th. Finally, Morgan Stanley boosted their price target on Welltower from $155.00 to $160.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 6th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $161.83.

Welltower Stock Performance

Shares of WELL opened at $149.38 on Friday. The stock has a market capitalization of $97.69 billion, a PE ratio of 95.76, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94. The business’s fifty day moving average price is $147.74 and its 200 day moving average price is $139.80. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. Welltower Inc. has a 12-month low of $98.36 and a 12-month high of $158.55.

Welltower (NYSE:WELL) last posted its quarterly earnings results 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 company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same period last year, the firm posted $1.01 EPS. The company’s revenue for the quarter was up 30.3% on a year-over-year basis. Equities research analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date is Wednesday, May 14th. Welltower’s payout ratio is 154.02%.

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.