Prudential PLC Has $13.11 Million Stock Holdings in Welltower Inc. (NYSE:WELL)

Prudential PLC reduced its stake in shares of Welltower Inc. (NYSE:WELL) by 16.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 103,991 shares of the real estate investment trust’s stock after selling 20,652 shares during the period. Prudential PLC’s holdings in Welltower were worth $13,106,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Roxbury Financial LLC bought a new position in shares of Welltower during the fourth quarter worth about $26,000. Laurel Wealth Advisors LLC acquired a new position in Welltower during the 4th quarter worth approximately $25,000. Sierra Ocean LLC bought a new position in shares of Welltower during the 4th quarter worth approximately $28,000. Versant Capital Management Inc raised 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 during the last quarter. Finally, First Command Advisory Services Inc. bought a new stake in shares of Welltower in the fourth quarter worth $50,000. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on WELL shares. StockNews.com downgraded shares of Welltower from a “hold” rating to a “sell” rating in a research report on Wednesday, March 26th. Evercore ISI raised their price objective on Welltower from $144.00 to $145.00 and gave the company an “in-line” rating in a report on Tuesday, March 4th. Royal Bank of Canada upgraded Welltower from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from $146.00 to $168.00 in a report on Friday, February 28th. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and raised their price target for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd. Finally, Mizuho upped their price objective on Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $156.46.

Welltower Stock Down 6.0 %

Shares of WELL opened at $143.26 on Friday. The firm has a market cap of $92.89 billion, a P/E ratio of 91.83, a price-to-earnings-growth ratio of 2.87 and a beta of 0.93. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. Welltower Inc. has a 52 week low of $87.87 and a 52 week high of $158.55. The firm’s 50-day simple moving average is $147.64 and its 200 day simple moving average is $136.29.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 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%. On average, analysts forecast 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. Stockholders of record on Tuesday, February 25th were given a $0.67 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.87%. Welltower’s payout ratio is presently 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.