V Square Quantitative Management LLC Purchases 1,639 Shares of Welltower Inc. (NYSE:WELL)

V Square Quantitative Management LLC raised its position in shares of Welltower Inc. (NYSE:WELL) by 9.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,859 shares of the real estate investment trust’s stock after purchasing an additional 1,639 shares during the quarter. V Square Quantitative Management LLC’s holdings in Welltower were worth $2,377,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in WELL. Laurel Wealth Advisors LLC bought a new position in shares of Welltower during the 4th quarter valued at approximately $25,000. Fortitude Family Office LLC grew its stake in shares of Welltower by 37.0% during the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 78 shares during the period. Versant Capital Management Inc grew its stake in shares of Welltower by 165.5% during the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 187 shares during the period. Ashton Thomas Securities LLC bought a new position in shares of Welltower during the 3rd quarter valued at approximately $50,000. Finally, FSA Wealth Management LLC bought a new position in shares of Welltower during the 3rd quarter valued at approximately $59,000. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Performance

Shares of Welltower stock opened at $151.42 on Friday. The stock’s fifty day moving average is $130.99 and its two-hundred day moving average is $128.40. The company has a market capitalization of $94.29 billion, a PE ratio of 99.62, a price-to-earnings-growth ratio of 2.83 and a beta of 1.23. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51. Welltower Inc. has a 52 week low of $87.87 and a 52 week high of $151.96.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.73. Welltower had a return on equity of 3.20% and a net margin of 12.22%. As a group, analysts expect that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date is Tuesday, February 25th. Welltower’s dividend payout ratio (DPR) is currently 176.32%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on WELL. Raymond James boosted their price objective on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. Mizuho boosted their price target on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and boosted their price target for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Scotiabank boosted their price target on Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a report on Monday, January 27th. Finally, StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a report on Thursday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $134.96.

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.