Xponance Inc. Purchases 4,944 Shares of Welltower Inc. (NYSE:WELL)

Xponance Inc. boosted its position in Welltower Inc. (NYSE:WELL) by 7.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,224 shares of the real estate investment trust’s stock after purchasing an additional 4,944 shares during the quarter. Xponance Inc.’s holdings in Welltower were worth $6,422,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of WELL. Panagora Asset Management Inc. increased its position in shares of Welltower by 40.0% in the first quarter. Panagora Asset Management Inc. now owns 17,381 shares of the real estate investment trust’s stock worth $1,671,000 after purchasing an additional 4,962 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Welltower by 35.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 5,254 shares of the real estate investment trust’s stock valued at $505,000 after buying an additional 1,373 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Welltower by 3.3% during the 1st quarter. Baird Financial Group Inc. now owns 31,094 shares of the real estate investment trust’s stock worth $2,989,000 after acquiring an additional 982 shares during the last quarter. Covestor Ltd grew its position in Welltower by 97.4% in the first quarter. Covestor Ltd now owns 298 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 147 shares in the last quarter. Finally, West Family Investments Inc. bought a new position in Welltower in the first quarter valued at $220,000. 94.80% of the stock is owned by institutional investors.

Welltower Trading Up 0.6 %

WELL opened at $91.32 on Friday. The company has a quick ratio of 3.22, a current ratio of 3.22 and a debt-to-equity ratio of 0.60. Welltower Inc. has a 52 week low of $72.47 and a 52 week high of $94.63. The stock has a market cap of $53.97 billion, a PE ratio of 142.69, a PEG ratio of 2.31 and a beta of 1.08. The business has a 50 day moving average of $91.83 and a 200-day moving average of $88.99.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.15 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.79). The firm had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.72 billion. Welltower had a net margin of 5.12% and a return on equity of 1.47%. The business’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.83 EPS. Equities research analysts predict that Welltower Inc. will post 4.03 earnings per share for the current fiscal year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Shareholders of record on Friday, February 23rd were paid a dividend of $0.61 per share. The ex-dividend date was Thursday, February 22nd. This represents a $2.44 dividend on an annualized basis and a yield of 2.67%. Welltower’s dividend payout ratio is currently 381.26%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Mizuho upped their price objective on Welltower from $90.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, January 3rd. Scotiabank cut their price objective on shares of Welltower from $97.00 to $96.00 and set a “sector outperform” rating for the company in a research note on Monday, March 4th. KeyCorp increased their target price on shares of Welltower from $90.00 to $95.00 and gave the company an “overweight” rating in a report on Friday, January 5th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Welltower in a research note on Tuesday, January 30th. They issued a “buy” rating and a $115.00 price target for the company. Finally, BNP Paribas assumed coverage on Welltower in a report on Monday, March 18th. They issued an “outperform” rating and a $104.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $95.57.

Welltower Profile

Welltower Inc (NYSE:WELL), a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.