Welltower Inc. (NYSE:WELL) Shares Sold by 44 Wealth Management LLC

44 Wealth Management LLC lowered its position in shares of Welltower Inc. (NYSE:WELL) by 7.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 2,528 shares of the real estate investment trust’s stock after selling 209 shares during the quarter. 44 Wealth Management LLC’s holdings in Welltower were worth $319,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WELL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Welltower by 638.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock worth $886,022,000 after acquiring an additional 5,982,711 shares during the period. FMR LLC lifted its position in Welltower by 38.1% during the 3rd quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock worth $1,847,289,000 after acquiring an additional 3,977,845 shares during the period. Wellington Management Group LLP lifted its position in Welltower by 10.6% during the 3rd quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock worth $2,392,349,000 after acquiring an additional 1,797,330 shares during the period. Barclays PLC lifted its holdings in shares of Welltower by 29.2% in the 3rd quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock valued at $215,659,000 after buying an additional 380,888 shares during the period. Finally, Nordea Investment Management AB lifted its holdings in shares of Welltower by 28.1% in the 4th 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 buying an additional 324,520 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on WELL shares. Mizuho boosted their price objective on Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Bank of America boosted their price objective on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Scotiabank boosted their price objective on Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a report on Monday, January 27th. Finally, Wedbush raised Welltower from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $145.00 to $167.00 in a report on Friday, February 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $140.19.

Welltower Trading Down 1.1 %

Shares of Welltower stock opened at $148.69 on Friday. The stock has a market cap of $95.35 billion, a P/E ratio of 95.31, a P/E/G ratio of 2.87 and a beta of 1.23. The stock’s 50 day simple moving average is $133.83 and its 200-day simple moving average is $130.25. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $152.81. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22.

Welltower (NYSE:WELL) last issued its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.80%. The ex-dividend date is Tuesday, February 25th. Welltower’s dividend payout ratio is currently 171.79%.

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.