Stephens Inc. AR Sells 302 Shares of Welltower Inc. (NYSE:WELL)

Stephens Inc. AR lowered its position in shares of Welltower Inc. (NYSE:WELL) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,308 shares of the real estate investment trust’s stock after selling 302 shares during the period. Stephens Inc. AR’s holdings in Welltower were worth $1,299,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Planning increased its holdings in shares of Welltower by 2.3% in the third quarter. Creative Planning now owns 165,077 shares of the real estate investment trust’s stock worth $21,135,000 after purchasing an additional 3,682 shares during the period. Swedbank AB increased its stake in Welltower by 2.8% in the 3rd quarter. Swedbank AB now owns 646,046 shares of the real estate investment trust’s stock worth $82,713,000 after acquiring an additional 17,554 shares during the last quarter. Sumitomo Life Insurance Co. raised its holdings in shares of Welltower by 2.4% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 16,672 shares of the real estate investment trust’s stock valued at $2,135,000 after acquiring an additional 385 shares in the last quarter. Vontobel Holding Ltd. boosted its position in shares of Welltower by 10.4% during the 3rd quarter. Vontobel Holding Ltd. now owns 19,617 shares of the real estate investment trust’s stock valued at $2,512,000 after acquiring an additional 1,846 shares during the last quarter. Finally, Transform Wealth LLC grew its holdings in shares of Welltower by 11.4% during the third quarter. Transform Wealth LLC now owns 90,078 shares of the real estate investment trust’s stock worth $11,533,000 after purchasing an additional 9,215 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 2.2 %

NYSE:WELL opened at $146.49 on Thursday. The firm has a market capitalization of $91.22 billion, a P/E ratio of 96.38, a P/E/G ratio of 2.83 and a beta of 1.23. Welltower Inc. has a 52 week low of $85.40 and a 52 week high of $148.50. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51. The company has a fifty day moving average of $130.73 and a 200 day moving average of $128.27.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, beating the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 12.22% and a return on equity of 3.20%. On average, research analysts predict that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th will be given a $0.67 dividend. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.83%. Welltower’s dividend payout ratio is currently 176.32%.

Analyst Ratings Changes

A number of brokerages recently weighed in on WELL. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and raised their target price for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd. Scotiabank lifted their price objective on shares of Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a report on Monday, January 27th. StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. Mizuho raised their price target on Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Finally, Raymond James increased their price objective on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research report on Monday, December 16th. Five equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.96.

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.