Stephens Inc. AR Sells 302 Shares of Welltower Inc. (NYSE:WELL)

Stephens Inc. AR reduced its stake in Welltower Inc. (NYSE:WELL) by 2.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,308 shares of the real estate investment trust’s stock after selling 302 shares during the quarter. Stephens Inc. AR’s holdings in Welltower were worth $1,299,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quotient Wealth Partners LLC boosted its position in Welltower by 5.3% during the 4th quarter. Quotient Wealth Partners LLC now owns 2,062 shares of the real estate investment trust’s stock worth $260,000 after acquiring an additional 103 shares during the last quarter. Entropy Technologies LP bought a new stake in shares of Welltower in the fourth quarter worth $1,158,000. Empowered Funds LLC increased its stake in Welltower by 11.2% in the 4th quarter. Empowered Funds LLC now owns 11,226 shares of the real estate investment trust’s stock valued at $1,415,000 after buying an additional 1,132 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its position in Welltower by 5.4% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 2,774 shares of the real estate investment trust’s stock worth $350,000 after buying an additional 143 shares in the last quarter. Finally, Kingsview Wealth Management LLC boosted its stake in shares of Welltower by 15.2% during the 4th quarter. Kingsview Wealth Management LLC now owns 5,720 shares of the real estate investment trust’s stock worth $721,000 after buying an additional 754 shares during the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

WELL has been the topic of a number of recent research reports. Scotiabank lifted their target price on Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research report on Monday, January 27th. Raymond James upped their price objective on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 16th. StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and upped their price target for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Finally, Mizuho lifted their price objective on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Five research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $134.96.

Welltower Trading Up 2.2 %

NYSE WELL opened at $146.49 on Thursday. Welltower Inc. has a twelve month low of $85.40 and a twelve month high of $148.50. The business’s fifty day moving average is $130.73 and its 200 day moving average is $128.27. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51. The company has a market cap of $91.22 billion, a price-to-earnings ratio of 96.38, a price-to-earnings-growth ratio of 2.83 and a beta of 1.23.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 12.22% and a return on equity of 3.20%. As a group, sell-side analysts expect that Welltower Inc. will post 4.3 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend is Tuesday, February 25th. Welltower’s dividend payout ratio (DPR) is presently 176.32%.

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.