Personal CFO Solutions LLC Acquires 769 Shares of Welltower Inc. (NYSE:WELL)

Personal CFO Solutions LLC grew its holdings in shares of Welltower Inc. (NYSE:WELLFree Report) by 23.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,038 shares of the real estate investment trust’s stock after buying an additional 769 shares during the period. Personal CFO Solutions LLC’s holdings in Welltower were worth $364,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bruce G. Allen Investments LLC bought a new position in shares of Welltower during the 4th quarter worth approximately $25,000. Headlands Technologies LLC boosted its holdings in shares of Welltower by 479.6% during the 3rd quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 259 shares in the last quarter. Financial Gravity Asset Management Inc. acquired a new position in shares of Welltower during the third quarter worth approximately $38,000. Salem Investment Counselors Inc. raised its position in shares of Welltower by 84.0% during the fourth quarter. Salem Investment Counselors Inc. now owns 425 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 194 shares during the period. Finally, Rational Advisors LLC acquired a new position in shares of Welltower during the third quarter worth approximately $43,000. 94.80% of the stock is currently owned by institutional investors.

Insider Transactions at Welltower

In other news, Director Kenneth J. Bacon sold 1,800 shares of the stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of $103.91, for a total transaction of $187,038.00. Following the completion of the transaction, the director now owns 14,579 shares in the company, valued at approximately $1,514,903.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.12% of the stock is owned by corporate insiders.

Welltower Stock Down 0.3 %

Shares of NYSE:WELL opened at $103.53 on Tuesday. The company has a market capitalization of $61.90 billion, a PE ratio of 127.81, a price-to-earnings-growth ratio of 2.56 and a beta of 1.16. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.83 and a quick ratio of 3.83. The business has a fifty day moving average price of $96.85 and a two-hundred day moving average price of $92.65. Welltower Inc. has a 1 year low of $75.86 and a 1 year high of $105.69.

Welltower (NYSE:WELLGet Free Report) last posted its quarterly earnings results on Monday, April 29th. The real estate investment trust reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.72). The firm had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.81 billion. Welltower had a return on equity of 1.77% and a net margin of 6.37%. The firm’s revenue was up 19.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.85 EPS. Analysts forecast that Welltower Inc. will post 4.12 earnings per share for the current year.

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Monday, May 13th were paid a dividend of $0.61 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.44 annualized dividend and a dividend yield of 2.36%. Welltower’s payout ratio is 301.23%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on WELL shares. Wells Fargo & Company upped their target price on Welltower from $107.00 to $111.00 and gave the stock an “overweight” rating in a research report on Thursday, May 30th. StockNews.com raised Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, May 22nd. Mizuho upped their target price on Welltower from $98.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, May 8th. BNP Paribas started coverage on Welltower in a research report on Monday, March 18th. They set an “outperform” rating and a $104.00 target price on the stock. Finally, Scotiabank increased their price target on Welltower from $96.00 to $108.00 and gave the company a “sector outperform” rating in a research report on Thursday, May 16th. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $98.07.

Get Our Latest Stock Report on Welltower

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

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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