Welltower Inc. (NYSE:WELL) Shares Bought by Investment Advisory Group LLC

Investment Advisory Group LLC grew its position in Welltower Inc. (NYSE:WELL) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,889 shares of the real estate investment trust’s stock after buying an additional 85 shares during the quarter. Investment Advisory Group LLC’s holdings in Welltower were worth $616,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of WELL. Laurel Wealth Advisors LLC purchased a new stake in Welltower during the fourth quarter worth about $25,000. Fortitude Family Office LLC grew its holdings in shares of Welltower by 37.0% in the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 78 shares in the last quarter. Versant Capital Management Inc grew its holdings 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 valued at $38,000 after purchasing an additional 187 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in Welltower during the 3rd quarter worth approximately $50,000. Finally, FSA Wealth Management LLC acquired a new stake in Welltower during the 3rd quarter worth approximately $59,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on WELL shares. StockNews.com raised Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. Raymond James increased their price target on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research report on Monday, December 16th. Wells Fargo & Company reissued an “equal weight” rating and set a $135.00 price objective (up from $134.00) on shares of Welltower in a research report on Tuesday, October 1st. Scotiabank raised their target price on shares of Welltower from $133.00 to $142.00 and gave the company a “sector outperform” rating in a report on Monday, November 25th. Finally, Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and boosted their price target for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Five 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.63.

Welltower Stock Up 3.3 %

WELL opened at $133.61 on Wednesday. Welltower Inc. has a one year low of $85.40 and a one year high of $140.75. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. The stock has a market capitalization of $83.19 billion, a P/E ratio of 87.90, a price-to-earnings-growth ratio of 2.61 and a beta of 1.22. The business’s 50-day simple moving average is $130.23 and its 200-day simple moving average is $124.91.

Welltower (NYSE:WELL) last issued its quarterly earnings data 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). Welltower had a return on equity of 3.20% and a net margin of 12.22%. The business had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the previous year, the business posted $0.92 earnings per share. The company’s revenue for the quarter was up 23.7% on a year-over-year basis. Analysts anticipate that Welltower Inc. will post 4.3 EPS for the current year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Wednesday, November 13th were given a $0.67 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $2.68 dividend on an annualized basis and a yield of 2.01%. Welltower’s dividend payout ratio (DPR) is 176.32%.

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.