Landscape Capital Management L.L.C. Purchases Shares of 13,058 Welltower Inc. (NYSE:WELL)

Landscape Capital Management L.L.C. acquired a new position in Welltower Inc. (NYSE:WELL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 13,058 shares of the real estate investment trust’s stock, valued at approximately $1,646,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Retirement Systems of Alabama lifted its stake in Welltower by 3.7% in the third quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust’s stock valued at $60,228,000 after buying an additional 16,946 shares during the period. Vestmark Advisory Solutions Inc. increased its stake in shares of Welltower by 120.3% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust’s stock valued at $1,817,000 after acquiring an additional 7,872 shares in the last quarter. Barclays PLC lifted its position in shares of Welltower by 29.2% during the 3rd quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock valued at $215,659,000 after acquiring an additional 380,888 shares during the period. Park Avenue Securities LLC lifted its position in shares of Welltower by 20.1% during the 4th quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust’s stock valued at $1,696,000 after acquiring an additional 2,250 shares during the period. Finally, Cbre Investment Management Listed Real Assets LLC boosted its stake in Welltower by 17.3% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,936,954 shares of the real estate investment trust’s stock worth $244,114,000 after acquiring an additional 285,015 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Stock Down 6.0 %

Welltower stock opened at $143.26 on Friday. 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 stock has a market cap of $92.89 billion, a PE ratio of 91.83, a price-to-earnings-growth ratio of 2.87 and a beta of 0.93. Welltower Inc. has a fifty-two week low of $87.87 and a fifty-two week high of $158.55. The firm’s 50-day simple moving average is $147.64 and its 200 day simple moving average is $136.29.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Research analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date was Tuesday, February 25th. Welltower’s dividend payout ratio (DPR) is currently 171.79%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on WELL shares. Raymond James lifted their price target on shares of Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. StockNews.com downgraded Welltower from a “hold” rating to a “sell” rating in a research note on Wednesday, March 26th. Scotiabank increased their price target on Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a report on Thursday, March 6th. 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. Finally, Wells Fargo & Company increased their target price on Welltower from $140.00 to $158.00 and gave the stock an “equal weight” rating in a report on Monday, March 10th. One analyst has rated the stock with a sell rating, two have assigned 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.com, Welltower currently has an average rating of “Moderate Buy” and an average target price of $156.46.

Welltower Company 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.