Orion Portfolio Solutions LLC Purchases 1,433 Shares of Welltower Inc. (NYSE:WELL)

Orion Portfolio Solutions LLC increased its position in shares of Welltower Inc. (NYSE:WELL) by 8.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,713 shares of the real estate investment trust’s stock after acquiring an additional 1,433 shares during the period. Orion Portfolio Solutions LLC’s holdings in Welltower were worth $2,232,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of WELL. Laurel Wealth Advisors LLC bought a new stake in Welltower during the fourth quarter valued at $25,000. Roxbury Financial LLC bought a new stake in shares of Welltower during the 4th quarter valued at about $26,000. Sierra Ocean LLC purchased a new position in shares of Welltower during the fourth quarter worth about $28,000. Versant Capital Management Inc increased its position in shares of Welltower by 165.5% in 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 last quarter. Finally, First Command Advisory Services Inc. purchased a new stake in Welltower in the fourth quarter valued at approximately $50,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Mizuho increased their price target on shares of Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a report on Tuesday, March 18th. Evercore ISI increased their target price on Welltower from $144.00 to $145.00 and gave the company an “in-line” rating in a research note on Tuesday, March 4th. StockNews.com lowered Welltower from a “hold” rating to a “sell” rating in a research note on Wednesday, March 26th. Wells Fargo & Company increased their price objective on Welltower from $140.00 to $158.00 and gave the company an “equal weight” rating in a research report on Monday, March 10th. Finally, 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. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and a consensus price target of $156.46.

Welltower Trading Up 0.6 %

NYSE:WELL opened at $154.10 on Wednesday. The firm has a market capitalization of $98.83 billion, a P/E ratio of 98.78, a P/E/G 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 quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. The company has a fifty day moving average of $146.67 and a 200 day moving average of $135.96.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping 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%. On average, research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were given a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.74%. Welltower’s dividend payout ratio is currently 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.