Duff & Phelps Investment Management Co. Has $324.62 Million Holdings in Welltower Inc. (NYSE:WELL)

Duff & Phelps Investment Management Co. raised its holdings in Welltower Inc. (NYSE:WELL) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,575,721 shares of the real estate investment trust’s stock after acquiring an additional 38,425 shares during the quarter. Welltower comprises 3.9% of Duff & Phelps Investment Management Co.’s portfolio, making the stock its 2nd largest position. Duff & Phelps Investment Management Co. owned approximately 0.41% of Welltower worth $324,618,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Laurel Wealth Advisors LLC bought a new stake in shares of Welltower in the 4th quarter valued at $25,000. Roxbury Financial LLC acquired a new position in Welltower in the fourth quarter valued at about $26,000. Sierra Ocean LLC bought a new stake in shares of Welltower in the fourth quarter worth about $28,000. Versant Capital Management Inc raised its position in shares of 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 purchasing an additional 187 shares during the period. Finally, First Command Advisory Services Inc. bought a new position in shares of Welltower during the 4th quarter valued at about $50,000. 94.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

WELL has been the topic of several research analyst reports. Scotiabank raised their target price on shares of Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a report on Thursday, March 6th. Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and raised their target price for the company from $145.00 to $167.00 in a research note on Friday, February 14th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and upped their price target for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Wells Fargo & Company boosted their price objective on shares of Welltower from $140.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Monday, March 10th. Finally, Evercore ISI raised their target price on shares of Welltower from $144.00 to $145.00 and gave the company an “in-line” rating in a research note on Tuesday, March 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and a consensus price target of $156.46.

Welltower Stock Up 0.3 %

Welltower stock opened at $150.24 on Friday. The firm has a market cap of $96.35 billion, a price-to-earnings ratio of 96.31, a PEG ratio of 2.87 and a beta of 1.20. Welltower Inc. has a 52-week low of $87.87 and a 52-week high of $158.55. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The firm has a 50 day moving average price of $145.31 and a two-hundred day moving average price of $135.34.

Welltower (NYSE:WELL) last issued its quarterly earnings results 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 net margin of 11.91% and a return on equity of 3.15%. Equities analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.67 per share. The ex-dividend date was 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%.

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.