Mutual Advisors LLC Makes New Investment in Welltower Inc. (NYSE:WELL)

Mutual Advisors LLC bought a new position in Welltower Inc. (NYSE:WELLFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 2,489 shares of the real estate investment trust’s stock, valued at approximately $224,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bruce G. Allen Investments LLC purchased a new stake in Welltower in the 4th quarter worth approximately $25,000. Headlands Technologies LLC lifted its stake in Welltower by 479.6% in the 3rd quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 259 shares in the last quarter. First Capital Advisors Group LLC. purchased a new stake in Welltower in the 2nd quarter worth approximately $26,000. Compass Wealth Management LLC purchased a new stake in Welltower in the 4th quarter worth approximately $26,000. Finally, FinTrust Capital Advisors LLC lifted its stake in Welltower by 117.8% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 185 shares in the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WELL has been the topic of several research reports. StockNews.com cut shares of Welltower from a “hold” rating to a “sell” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Welltower in a research report on Tuesday, January 30th. They set a “buy” rating and a $115.00 price objective on the stock. JPMorgan Chase & Co. upgraded shares of Welltower from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $92.00 to $99.00 in a research report on Monday, December 18th. KeyCorp raised their price objective on shares of Welltower from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Friday, January 5th. Finally, BNP Paribas initiated coverage on shares of Welltower in a research report on Monday, March 18th. They set an “outperform” rating and a $104.00 price objective on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Welltower has an average rating of “Moderate Buy” and a consensus price target of $93.69.

View Our Latest Analysis on Welltower

Welltower Price Performance

Shares of Welltower stock opened at $93.44 on Friday. The firm has a market cap of $53.16 billion, a PE ratio of 146.00, a price-to-earnings-growth ratio of 2.37 and a beta of 1.08. Welltower Inc. has a 12-month low of $69.68 and a 12-month high of $94.63. The company has a quick ratio of 3.22, a current ratio of 3.22 and a debt-to-equity ratio of 0.60. The company’s fifty day simple moving average is $90.83 and its two-hundred day simple moving average is $88.19.

Welltower (NYSE:WELLGet Free Report) last announced its quarterly earnings results on Tuesday, February 13th. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.79). The firm had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.72 billion. Welltower had a return on equity of 1.47% and a net margin of 5.12%. Welltower’s revenue was up 15.2% on a year-over-year basis. During the same period last year, the business earned $0.83 EPS. As a group, equities analysts expect that Welltower Inc. will post 4.03 EPS for the current year.

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 7th. Investors of record on Friday, February 23rd were given a dividend of $0.61 per share. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $2.44 dividend on an annualized basis and a yield of 2.61%. Welltower’s dividend payout ratio (DPR) is currently 381.26%.

Welltower Profile

(Free Report)

Welltower Inc (NYSE:WELL), a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.

Further Reading

Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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