Welltower Inc. (NYSE:WELL) Stock Holdings Lifted by National Pension Service

National Pension Service lifted its position in Welltower Inc. (NYSE:WELL – Get Rating) by 6.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 752,673 shares of the real estate investment trust’s stock after acquiring an additional 47,876 shares during the period. National Pension Service’s holdings in Welltower were worth $47,667,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in WELL. Panagora Asset Management Inc. grew its position in Welltower by 40.0% during the first quarter. Panagora Asset Management Inc. now owns 17,381 shares of the real estate investment trust’s stock valued at $1,671,000 after purchasing an additional 4,962 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in Welltower by 35.4% during the first quarter. Sequoia Financial Advisors LLC now owns 5,254 shares of the real estate investment trust’s stock valued at $505,000 after purchasing an additional 1,373 shares in the last quarter. Baird Financial Group Inc. grew its position in Welltower by 3.3% during the first quarter. Baird Financial Group Inc. now owns 31,094 shares of the real estate investment trust’s stock valued at $2,989,000 after purchasing an additional 982 shares in the last quarter. Covestor Ltd grew its position in Welltower by 97.4% during the first quarter. Covestor Ltd now owns 298 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 147 shares in the last quarter. Finally, West Family Investments Inc. purchased a new position in Welltower during the first quarter valued at approximately $220,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Welltower Price Performance

Shares of Welltower stock opened at $70.85 on Friday. The firm has a fifty day simple moving average of $73.73 and a 200-day simple moving average of $69.07. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69. Welltower Inc. has a 1-year low of $56.50 and a 1-year high of $99.43. The stock has a market capitalization of $34.76 billion, a price-to-earnings ratio of 221.41, a PEG ratio of 4.89 and a beta of 1.05.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 8th. Stockholders of record on Tuesday, February 28th were paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend was Monday, February 27th. Welltower’s payout ratio is 762.52%.

Wall Street Analyst Weigh In

WELL has been the topic of a number of research analyst reports. StockNews.com initiated coverage on shares of Welltower in a research report on Thursday. They set a “sell” rating on the stock. Mizuho lowered their price objective on shares of Welltower from $93.00 to $91.00 in a research report on Friday, December 2nd. Barclays lifted their target price on shares of Welltower from $78.00 to $82.00 and gave the company an “overweight” rating in a research note on Tuesday, January 17th. Raymond James upgraded shares of Welltower from an “outperform” rating to a “strong-buy” rating and lifted their target price for the company from $72.00 to $82.00 in a research note on Monday, January 9th. Finally, Evercore ISI cut shares of Welltower from an “outperform” rating to an “in-line” rating and set a $72.00 target price for the company. in a research note on Monday, November 21st. One analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $82.56.

Welltower Profile

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Welltower, Inc engages in the provision of health care infrastructure and investment of seniors housing operators, post-acute providers, and health systems. It operates through the following segments: Seniors Housing Operating, Triple-net, and Outpatient Medical. The Seniors Housing Operating segment includes the seniors housing communities.