Natixis Advisors LLC raised its holdings in Welltower Inc. (NYSE:WELL – Free Report) by 6.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 355,665 shares of the real estate investment trust’s stock after acquiring an additional 20,106 shares during the quarter. Natixis Advisors LLC owned about 0.06% of Welltower worth $44,825,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in WELL. Laurel Wealth Advisors LLC acquired a new stake in Welltower in the fourth quarter valued at approximately $25,000. Roxbury Financial LLC acquired a new stake in Welltower in the fourth quarter valued at approximately $26,000. Sierra Ocean LLC acquired a new stake in Welltower in the fourth quarter valued at approximately $28,000. Versant Capital Management Inc lifted its stake in shares of Welltower by 165.5% in the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 187 shares during the last quarter. Finally, First Command Advisory Services Inc. acquired a new stake in shares of Welltower in the fourth quarter worth $50,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.
Welltower Trading Up 1.3 %
Shares of Welltower stock opened at $147.85 on Monday. The firm has a market capitalization of $94.81 billion, a PE ratio of 94.77, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. The company’s fifty day moving average price is $141.13 and its two-hundred day moving average price is $133.82. Welltower Inc. has a 52-week low of $87.87 and a 52-week high of $158.55.
Welltower Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend was Tuesday, February 25th. Welltower’s dividend payout ratio (DPR) is presently 171.79%.
Analyst Ratings Changes
WELL has been the subject of a number of analyst reports. Raymond James boosted their price objective on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 16th. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $132.00 to $147.00 in a research note on Thursday, January 2nd. Scotiabank boosted their price objective on shares of Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a research note on Thursday, March 6th. Wells Fargo & Company boosted their price objective on shares of Welltower from $140.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Monday, March 10th. Finally, Bank of America boosted their price objective on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research note on Tuesday, February 18th. One analyst has rated the stock with a sell rating, two have given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $150.19.
View Our Latest Report on Welltower
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.
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