Financial Perspectives Inc Has $72,000 Position in Welltower Inc. (NYSE:WELL)

Financial Perspectives Inc grew its stake in Welltower Inc. (NYSE:WELL) by 166.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 575 shares of the real estate investment trust’s stock after acquiring an additional 359 shares during the quarter. Financial Perspectives Inc’s holdings in Welltower were worth $72,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Laurel Wealth Advisors LLC bought a new position in Welltower during the fourth quarter worth about $25,000. Roxbury Financial LLC acquired a new stake in shares of Welltower during the fourth quarter worth about $26,000. Sierra Ocean LLC bought a new position in shares of Welltower during the 4th quarter valued at about $28,000. Fortitude Family Office LLC grew its position in shares of Welltower by 37.0% in the 3rd 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 during the period. Finally, Versant Capital Management Inc increased its stake 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 purchasing an additional 187 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Down 0.7 %

Welltower stock opened at $149.71 on Thursday. Welltower Inc. has a fifty-two week low of $87.87 and a fifty-two week high of $152.81. The firm has a market capitalization of $96.01 billion, a PE ratio of 95.97, a P/E/G ratio of 2.94 and a beta of 1.23. The company’s 50-day moving average is $133.00 and its 200-day moving average is $129.74. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22.

Welltower (NYSE:WELL) last released its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Sell-side analysts anticipate that Welltower Inc. will post 4.87 earnings per share for the current year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a yield of 1.79%. Welltower’s dividend payout ratio (DPR) is 171.79%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on WELL. Mizuho upped their price target on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and boosted their price target for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. StockNews.com downgraded Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Raymond James boosted their target price on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. Finally, Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $145.00 to $167.00 in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $140.19.

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.