USA Financial Formulas Has $1.14 Million Holdings in Welltower Inc. (NYSE:WELL)

USA Financial Formulas increased its stake in shares of Welltower Inc. (NYSE:WELL) by 1.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,029 shares of the real estate investment trust’s stock after buying an additional 102 shares during the quarter. USA Financial Formulas’ holdings in Welltower were worth $1,138,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of WELL. Retirement Systems of Alabama grew its stake in Welltower by 3.7% during the third quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust’s stock worth $60,228,000 after buying an additional 16,946 shares during the last quarter. Diversified Trust Co grew its position in Welltower by 93.8% during the 3rd quarter. Diversified Trust Co now owns 18,474 shares of the real estate investment trust’s stock worth $2,365,000 after acquiring an additional 8,940 shares during the last quarter. Barclays PLC grew its position in Welltower by 29.2% during the 3rd quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock worth $215,659,000 after acquiring an additional 380,888 shares during the last quarter. Nordea Investment Management AB increased its holdings in Welltower by 28.1% during the 4th quarter. Nordea Investment Management AB now owns 1,477,388 shares of the real estate investment trust’s stock valued at $185,649,000 after purchasing an additional 324,520 shares in the last quarter. Finally, Duff & Phelps Investment Management Co. bought a new position in Welltower in the 2nd quarter valued at $254,977,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

WELL has been the topic of several research analyst reports. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and increased their target price for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. StockNews.com raised Welltower from a “sell” rating to a “hold” rating in a report on Wednesday, October 30th. Wells Fargo & Company restated an “equal weight” rating and set a $135.00 target price (up from $134.00) on shares of Welltower in a research report on Tuesday, October 1st. Scotiabank lifted their target price on shares of Welltower from $133.00 to $142.00 and gave the stock a “sector outperform” rating in a report on Monday, November 25th. Finally, Raymond James lifted 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. Five research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus price target of $127.63.

Welltower Trading Down 0.2 %

Shares of NYSE:WELL opened at $126.65 on Thursday. The firm has a market cap of $78.86 billion, a price-to-earnings ratio of 83.32, a PEG ratio of 2.52 and a beta of 1.22. Welltower Inc. has a 12 month low of $85.40 and a 12 month high of $140.75. The company’s fifty day simple moving average is $130.92 and its 200 day simple moving average is $124.06. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.31). The firm had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.95 billion. Welltower had a net margin of 12.22% and a return on equity of 3.20%. The business’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.92 EPS. As a group, research analysts forecast that Welltower Inc. will post 4.3 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Wednesday, November 13th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 2.12%. The ex-dividend date was Wednesday, November 13th. Welltower’s payout ratio is 176.32%.

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.