Lido Advisors LLC Grows Stock Holdings in Welltower Inc. (NYSE:WELL)

Lido Advisors LLC lifted its position in Welltower Inc. (NYSE:WELL) by 538.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 70,119 shares of the real estate investment trust’s stock after buying an additional 59,136 shares during the period. Lido Advisors LLC’s holdings in Welltower were worth $8,837,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of WELL. Roxbury Financial LLC acquired a new stake in shares of Welltower in the 4th quarter worth $26,000. Laurel Wealth Advisors LLC acquired a new stake in Welltower in the fourth quarter worth about $25,000. Sierra Ocean LLC purchased a new stake in shares of Welltower during the fourth quarter worth about $28,000. Versant Capital Management Inc increased its holdings in shares of Welltower by 165.5% during the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 187 shares in the last quarter. Finally, First Command Advisory Services Inc. purchased a new position in shares of Welltower in the 4th quarter valued at approximately $50,000. Institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on WELL. Wells Fargo & Company restated an “equal weight” rating on shares of Welltower in a research note on Thursday, April 17th. Wedbush reaffirmed an “underperform” rating on shares of Welltower in a report on Thursday, April 17th. Evercore ISI raised their target price on shares of Welltower from $144.00 to $145.00 and gave the stock an “in-line” rating in a report on Tuesday, March 4th. Royal Bank of Canada raised Welltower from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $146.00 to $168.00 in a report on Friday, February 28th. Finally, Scotiabank lifted their price target on Welltower from $165.00 to $166.00 and gave the company a “sector outperform” rating in a research report on Thursday, March 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average price target of $156.46.

Welltower Price Performance

Welltower stock opened at $149.19 on Tuesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The company has a market capitalization of $97.20 billion, a price-to-earnings ratio of 95.63, a price-to-earnings-growth ratio of 2.87 and a beta of 0.93. The company’s 50 day simple moving average is $148.00 and its 200-day simple moving average is $138.59. Welltower Inc. has a 1 year low of $93.72 and a 1 year high of $158.55.

Welltower (NYSE:WELL) last announced its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating 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%. As a group, equities research analysts expect that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a yield of 1.80%. Welltower’s dividend payout ratio (DPR) is presently 171.79%.

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.