Wealthspire Advisors LLC Boosts Stock Holdings in Welltower Inc. (NYSE:WELL)

Wealthspire Advisors LLC boosted its position in shares of Welltower Inc. (NYSE:WELL) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,451 shares of the real estate investment trust’s stock after buying an additional 83 shares during the period. Wealthspire Advisors LLC’s holdings in Welltower were worth $435,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Roxbury Financial LLC purchased a new stake in Welltower during the 4th quarter worth approximately $26,000. Laurel Wealth Advisors LLC acquired a new position in shares of Welltower during the 4th quarter worth approximately $25,000. Sierra Ocean LLC acquired a new position in shares of Welltower during the 4th quarter worth approximately $28,000. Fortitude Family Office LLC boosted its holdings in shares of Welltower by 37.0% during the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 78 shares during the last quarter. Finally, Versant Capital Management Inc boosted 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 purchasing an additional 187 shares during the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on WELL shares. 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. Raymond James boosted their target price on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. Wedbush upgraded Welltower from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $145.00 to $167.00 in a report on Friday, February 14th. Scotiabank boosted their target price on Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a report on Monday, January 27th. Finally, Bank of America upped their price objective on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. One analyst has rated the stock with a sell rating, three have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $140.19.

Welltower Stock Down 0.8 %

NYSE:WELL opened at $150.50 on Thursday. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. The stock’s fifty day moving average is $135.22 and its two-hundred day moving average is $130.99. Welltower Inc. has a 52 week low of $87.87 and a 52 week high of $152.81. The stock has a market capitalization of $96.52 billion, a price-to-earnings ratio of 96.47, a price-to-earnings-growth ratio of 2.87 and a beta of 1.23.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.78%. The ex-dividend date is Tuesday, February 25th. Welltower’s dividend payout ratio (DPR) is presently 171.79%.

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.