3,712 Shares in Welltower Inc. (NYSE:WELL) Acquired by LMR Partners LLP

LMR Partners LLP acquired a new position in shares of Welltower Inc. (NYSE:WELL) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 3,712 shares of the real estate investment trust’s stock, valued at approximately $468,000.

A number of other institutional investors have also recently added to or reduced their stakes in WELL. Laurel Wealth Advisors LLC purchased a new stake in Welltower in the fourth quarter valued at $25,000. Roxbury Financial LLC purchased a new stake in Welltower in the fourth quarter valued at $26,000. Sierra Ocean LLC purchased a new stake in Welltower in the fourth quarter valued at $28,000. First Command Advisory Services Inc. purchased a new stake in Welltower in the fourth quarter valued at $50,000. Finally, Cape Investment Advisory Inc. purchased a new stake in Welltower in the fourth quarter valued at $53,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of NYSE WELL opened at $143.10 on Thursday. The stock’s 50-day moving average is $147.40 and its two-hundred day moving average is $140.02. 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 1-year low of $99.30 and a 1-year high of $158.55. The company has a market cap of $93.58 billion, a price-to-earnings ratio of 91.73, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94.

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

Welltower Dividend Announcement

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 is Wednesday, May 14th. This represents a $2.68 annualized dividend and a yield of 1.87%. Welltower’s dividend payout ratio (DPR) is 154.02%.

Analyst Ratings Changes

A number of equities research analysts have commented on WELL shares. Morgan Stanley lifted their target price on Welltower from $155.00 to $160.00 and gave the company an “overweight” rating in a research report on Tuesday, May 6th. Bank of America increased their target price on Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research note on Tuesday, February 18th. Evercore ISI increased their target price on Welltower from $145.00 to $157.00 and gave the stock an “in-line” rating in a research note on Thursday, May 1st. StockNews.com lowered Welltower from a “hold” rating to a “sell” rating in a research note on Thursday, May 8th. Finally, Wells Fargo & Company reissued an “equal weight” rating on shares of Welltower in a research note on Thursday, April 17th. Two analysts have rated the stock with a sell rating, two have issued a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and an average target price of $161.83.

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.