Mariner LLC Has $10.19 Million Stake in Welltower Inc. (NYSE:WELL)

Mariner LLC lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 1.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 80,889 shares of the real estate investment trust’s stock after acquiring an additional 1,271 shares during the period. Mariner LLC’s holdings in Welltower were worth $10,194,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Retirement Systems of Alabama raised its holdings in shares of Welltower by 3.7% during the third quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust’s stock valued at $60,228,000 after purchasing an additional 16,946 shares during the period. Vestmark Advisory Solutions Inc. increased its holdings in shares of Welltower by 120.3% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust’s stock valued at $1,817,000 after acquiring an additional 7,872 shares in the last quarter. Barclays PLC increased its stake in Welltower by 29.2% during 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 purchasing an additional 380,888 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Welltower by 30.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 544,838 shares of the real estate investment trust’s stock worth $68,666,000 after acquiring an additional 128,090 shares during the last quarter. Finally, Park Avenue Securities LLC raised its stake in shares of Welltower by 20.1% in the fourth quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust’s stock worth $1,696,000 after purchasing an additional 2,250 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Trading Up 1.1 %

Shares of Welltower stock opened at $147.17 on Friday. The stock has a market capitalization of $95.43 billion, a P/E ratio of 94.34, a P/E/G ratio of 2.87 and a beta of 0.93. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The stock’s 50-day simple moving average is $148.24 and its 200 day simple moving average is $137.36. Welltower Inc. has a 52-week low of $89.38 and a 52-week high of $158.55.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating 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%. As a group, research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 annualized dividend and a yield of 1.82%. Welltower’s dividend payout ratio is currently 171.79%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on WELL shares. Bank of America raised their price target on shares of Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Wedbush reaffirmed an “underperform” rating on shares of Welltower in a report on Thursday. Mizuho lifted their price target on Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a report on Tuesday, March 18th. Royal Bank of Canada upgraded Welltower from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from $146.00 to $168.00 in a research note on Friday, February 28th. Finally, StockNews.com lowered Welltower from a “hold” rating to a “sell” rating in a research report on Wednesday, March 26th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $156.46.

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.