MGO One Seven LLC Buys 100 Shares of Welltower Inc. (NYSE:WELL)

MGO One Seven LLC raised its stake in Welltower Inc. (NYSE:WELL) by 1.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 7,333 shares of the real estate investment trust’s stock after acquiring an additional 100 shares during the period. MGO One Seven LLC’s holdings in Welltower were worth $924,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Retirement Systems of Alabama grew its position 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 in the last quarter. Vestmark Advisory Solutions Inc. grew its holdings in shares of Welltower by 120.3% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust’s stock worth $1,817,000 after purchasing an additional 7,872 shares in the last quarter. Barclays PLC grew its holdings in shares of 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 purchasing an additional 380,888 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Welltower by 30.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 544,838 shares of the real estate investment trust’s stock valued at $68,666,000 after purchasing an additional 128,090 shares during the period. Finally, Park Avenue Securities LLC raised its stake in shares of Welltower by 20.1% in the fourth quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust’s stock valued at $1,696,000 after purchasing an additional 2,250 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on WELL. Evercore ISI lifted their price target on shares of Welltower from $144.00 to $145.00 and gave the stock an “in-line” rating in a research note on Tuesday, March 4th. Mizuho upped their target price on shares of Welltower from $141.00 to $170.00 and gave the company an “outperform” rating in a research note on Tuesday, March 18th. StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research note on Friday, April 18th. Bank of America upped their price objective on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research note on Tuesday, February 18th. Finally, Scotiabank boosted their price target on Welltower from $165.00 to $166.00 and gave the company a “sector outperform” rating in a research note on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.46.

Welltower Stock Performance

Welltower stock opened at $146.98 on Friday. Welltower Inc. has a 12-month low of $93.72 and a 12-month high of $158.55. The stock has a 50-day simple moving average of $148.01 and a 200 day simple moving average of $138.22. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $95.76 billion, a price-to-earnings ratio of 94.22, a P/E/G ratio of 2.87 and a beta of 0.93.

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, topping analysts’ consensus estimates of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. On average, research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were given a $0.67 dividend. 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 1.82%. Welltower’s payout ratio is 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.