First Command Advisory Services Inc. Purchases New Position in Welltower Inc. (NYSE:WELL)

First Command Advisory Services Inc. purchased a new stake in shares of Welltower Inc. (NYSE:WELL) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 400 shares of the real estate investment trust’s stock, valued at approximately $50,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Roxbury Financial LLC bought a new stake in shares of Welltower during the 4th quarter valued at approximately $26,000. Laurel Wealth Advisors LLC acquired a new stake in Welltower during the 4th quarter worth approximately $25,000. Sierra Ocean LLC acquired a new stake in Welltower during the 4th quarter worth approximately $28,000. Fortitude Family Office LLC boosted its position in 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 buying an additional 78 shares during the period. Finally, Versant Capital Management Inc boosted its position in 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 buying an additional 187 shares during the period. 94.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

WELL has been the topic of several recent research reports. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and lifted their target price for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Raymond James lifted their target price on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Monday, December 16th. StockNews.com downgraded shares of Welltower from a “hold” rating to a “sell” rating in a research report on Thursday, February 13th. Wedbush upgraded shares of Welltower from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $145.00 to $167.00 in a research report on Friday, February 14th. Finally, Bank of America boosted their price target on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $140.19.

Welltower Stock Performance

NYSE WELL opened at $151.54 on Friday. Welltower Inc. has a 1 year low of $87.87 and a 1 year high of $152.81. 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 firm has a market cap of $97.18 billion, a price-to-earnings ratio of 97.14, a PEG ratio of 2.87 and a beta of 1.23. The company has a fifty day moving average price of $135.78 and a 200-day moving average price of $131.13.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. As a group, equities research analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be given a dividend of $0.67 per share. The ex-dividend date is Tuesday, February 25th. This represents a $2.68 annualized dividend and a yield of 1.77%. Welltower’s payout ratio is currently 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.