Welltower Inc. (NYSE:WELL) Shares Acquired by ARS Wealth Advisors Group LLC

ARS Wealth Advisors Group LLC raised its holdings in shares of Welltower Inc. (NYSE:WELL) by 12.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,202 shares of the real estate investment trust’s stock after acquiring an additional 586 shares during the period. ARS Wealth Advisors Group LLC’s holdings in Welltower were worth $469,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Nordea Investment Management AB increased its holdings in shares of Welltower by 1,412.2% during the 4th quarter. Nordea Investment Management AB now owns 594,677 shares of the real estate investment trust’s stock valued at $54,062,000 after purchasing an additional 555,353 shares in the last quarter. Harbour Trust & Investment Management Co purchased a new position in shares of Welltower during the 4th quarter valued at approximately $5,409,000. Koshinski Asset Management Inc. increased its holdings in shares of Welltower by 55.0% during the 4th quarter. Koshinski Asset Management Inc. now owns 4,108 shares of the real estate investment trust’s stock valued at $370,000 after purchasing an additional 1,458 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Welltower by 27.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 447,303 shares of the real estate investment trust’s stock valued at $36,643,000 after purchasing an additional 96,046 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of Welltower by 57.4% during the 4th quarter. Cerity Partners LLC now owns 168,106 shares of the real estate investment trust’s stock valued at $15,158,000 after purchasing an additional 61,324 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on WELL. Scotiabank cut their price target on shares of Welltower from $97.00 to $96.00 and set a “sector outperform” rating for the company in a report on Monday, March 4th. StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a report on Friday, March 29th. Deutsche Bank Aktiengesellschaft began coverage on shares of Welltower in a research report on Tuesday, January 30th. They set a “buy” rating and a $115.00 price target on the stock. Finally, BNP Paribas began coverage on shares of Welltower in a research report on Monday, March 18th. They set an “outperform” rating and a $104.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $95.57.

Welltower Stock Performance

Shares of WELL traded down $0.27 during mid-day trading on Friday, hitting $95.81. 2,557,328 shares of the company’s stock were exchanged, compared to its average volume of 2,394,857. The company has a current ratio of 3.83, a quick ratio of 3.22 and a debt-to-equity ratio of 0.50. Welltower Inc. has a fifty-two week low of $72.47 and a fifty-two week high of $98.19. The business’s 50 day moving average is $92.26 and its two-hundred day moving average is $89.76. The firm has a market capitalization of $57.29 billion, a P/E ratio of 118.28, a P/E/G ratio of 2.42 and a beta of 1.07.

Welltower (NYSE:WELL) last announced its earnings results on Monday, April 29th. The real estate investment trust reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.72). Welltower had a net margin of 6.37% and a return on equity of 1.77%. The company had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the business posted $0.85 earnings per share. The company’s revenue for the quarter was up 19.2% compared to the same quarter last year. On average, equities analysts expect that Welltower Inc. will post 4.06 earnings per share for the current year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Monday, May 13th will be given a dividend of $0.61 per share. The ex-dividend date of this dividend is Friday, May 10th. This represents a $2.44 dividend on an annualized basis and a yield of 2.55%. Welltower’s payout ratio is 301.23%.

Welltower Company 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.