Shelton Capital Management Has $413,000 Holdings in Welltower Inc. (NYSE:WELL)

Shelton Capital Management boosted its holdings in shares of Welltower Inc. (NYSE:WELL) by 17.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,278 shares of the real estate investment trust’s stock after buying an additional 486 shares during the quarter. Shelton Capital Management’s holdings in Welltower were worth $413,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Roxbury Financial LLC bought a new stake in shares of Welltower during the fourth quarter worth approximately $26,000. Laurel Wealth Advisors LLC bought a new stake in shares of Welltower during the fourth quarter worth approximately $25,000. Sierra Ocean LLC bought a new stake in shares of Welltower during the fourth quarter worth approximately $28,000. Versant Capital Management Inc boosted its holdings in shares of Welltower by 165.5% during the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 187 shares during the period. Finally, First Command Advisory Services Inc. bought a new stake in shares of Welltower during the fourth quarter worth approximately $50,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on WELL shares. StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a research note on Wednesday, March 26th. Bank of America boosted their price target on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research note on Tuesday, February 18th. Wells Fargo & Company upgraded Welltower from an “equal weight” rating to an “overweight” rating and set a $158.00 price target for the company in a research note on Tuesday. Raymond James boosted their price target on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. Finally, Wedbush upgraded shares of 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 research report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, ten have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and an average target price of $156.46.

Welltower Stock Up 3.8 %

Shares of NYSE:WELL opened at $141.61 on Thursday. The company has a market capitalization of $91.82 billion, a PE ratio of 90.78, a price-to-earnings-growth ratio of 2.87 and a beta of 0.93. Welltower Inc. has a 52-week low of $87.87 and a 52-week high of $158.55. The company has a fifty day moving average of $147.84 and a 200-day moving average of $136.71. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. On average, equities analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a yield of 1.89%. Welltower’s dividend payout ratio (DPR) is currently 171.79%.

About Welltower

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.