Diversified Trust Co Has $1.31 Million Position in Welltower Inc. (NYSE:WELL)

Diversified Trust Co lessened its holdings in Welltower Inc. (NYSE:WELL) by 43.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,410 shares of the real estate investment trust’s stock after selling 8,064 shares during the period. Diversified Trust Co’s holdings in Welltower were worth $1,312,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Van Hulzen Asset Management LLC acquired a new stake in Welltower during the 2nd quarter worth about $411,000. Retirement Systems of Alabama lifted its position in shares of 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 worth $60,228,000 after purchasing an additional 16,946 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Welltower by 10.1% during the second quarter. American Century Companies Inc. now owns 1,404,781 shares of the real estate investment trust’s stock worth $146,448,000 after purchasing an additional 129,270 shares during the period. Duff & Phelps Investment Management Co. acquired a new stake in shares of Welltower during the second quarter worth approximately $254,977,000. Finally, Nordea Investment Management AB grew its position in Welltower by 28.1% during the fourth quarter. Nordea Investment Management AB now owns 1,477,388 shares of the real estate investment trust’s stock valued at $185,649,000 after purchasing an additional 324,520 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of Welltower stock opened at $126.60 on Thursday. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51. The firm has a fifty day simple moving average of $131.59 and a 200-day simple moving average of $123.26. The stock has a market capitalization of $78.83 billion, a price-to-earnings ratio of 83.29, a PEG ratio of 2.90 and a beta of 1.22. Welltower Inc. has a 1-year low of $85.40 and a 1-year high of $140.75.

Welltower (NYSE:WELL) last released its earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.31). The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.95 billion. Welltower had a return on equity of 3.20% and a net margin of 12.22%. The firm’s revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.92 EPS. On average, sell-side analysts expect that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Wednesday, November 13th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.12%. Welltower’s dividend payout ratio (DPR) is presently 176.32%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WELL. Scotiabank increased their target price on shares of Welltower from $133.00 to $142.00 and gave the stock a “sector outperform” rating in a research report on Monday, November 25th. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and lifted their price objective for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. Raymond James upped 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. Wells Fargo & Company reiterated an “equal weight” rating and set a $135.00 price target (up from $134.00) on shares of Welltower in a report on Tuesday, October 1st. Finally, Mizuho boosted their price target on Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $127.63.

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.