Welltower Inc. (NYSE:WELL) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC lowered its stake in Welltower Inc. (NYSE:WELL) by 2.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,143 shares of the real estate investment trust’s stock after selling 473 shares during the quarter. Private Advisor Group LLC’s holdings in Welltower were worth $2,413,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new stake in Welltower during the fourth quarter worth approximately $25,000. Roxbury Financial LLC bought a new stake in shares of Welltower in the 4th quarter worth $26,000. Sierra Ocean LLC acquired a new stake in shares of Welltower in the fourth quarter valued at $28,000. Fortitude Family Office LLC boosted its stake in Welltower by 37.0% during the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 78 shares in the last quarter. Finally, Versant Capital Management Inc grew its holdings in Welltower by 165.5% during the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 187 shares during the period. Institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. 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. Bank of America upped their price target on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Wedbush raised Welltower from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $145.00 to $167.00 in a research note on Friday, February 14th. Raymond James boosted 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, Scotiabank increased their price target on Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research report on Monday, January 27th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $140.19.

Welltower Stock Up 1.5 %

WELL stock opened at $150.74 on Tuesday. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. The firm has a market cap of $96.67 billion, a PE ratio of 96.63, a PEG ratio of 2.87 and a beta of 1.23. Welltower Inc. has a 1 year low of $87.87 and a 1 year high of $152.81. The company has a fifty day simple moving average of $134.27 and a 200 day simple moving average of $130.61.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts’ consensus estimates 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 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th will be issued 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 dividend yield of 1.78%. Welltower’s dividend payout ratio (DPR) is presently 171.79%.

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.