Welltower Inc. (NYSE:WELL) Shares Bought by Howard Capital Management Inc.

Howard Capital Management Inc. lifted its stake in Welltower Inc. (NYSE:WELL) by 5.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,368 shares of the real estate investment trust’s stock after buying an additional 171 shares during the period. Howard Capital Management Inc.’s holdings in Welltower were worth $424,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of WELL. Wellington Management Group LLP boosted its position in Welltower by 10.6% in the 3rd quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock valued at $2,392,349,000 after buying an additional 1,797,330 shares during the last quarter. FMR LLC increased its holdings in Welltower by 38.1% during the 3rd quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock worth $1,847,289,000 after purchasing an additional 3,977,845 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Welltower by 638.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock worth $886,022,000 after purchasing an additional 5,982,711 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Welltower by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust’s stock valued at $776,657,000 after buying an additional 46,332 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in shares of Welltower by 6.6% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,106,666 shares of the real estate investment trust’s stock worth $391,533,000 after buying an additional 192,303 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of WELL opened at $150.74 on Tuesday. The firm has a fifty day moving average of $134.27 and a 200-day moving average of $130.61. The company has a market cap of $96.67 billion, a price-to-earnings ratio of 96.63, a price-to-earnings-growth ratio of 2.87 and a beta of 1.23. 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 1 year low of $87.87 and a 1 year high of $152.81.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating 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%. As a group, equities analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend is Tuesday, February 25th. Welltower’s dividend payout ratio is currently 171.79%.

Wall Street Analysts Forecast Growth

WELL has been the topic of several recent analyst reports. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and upped their price target for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $145.00 to $167.00 in a research report on Friday, February 14th. Bank of America boosted their price objective on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Raymond James lifted their target price on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Monday, December 16th. Finally, Mizuho upped their price target on Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $140.19.

About Welltower

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.