Capital International Inc. CA Purchases 65,931 Shares of Welltower Inc. (NYSE:WELL)

Capital International Inc. CA grew its holdings in Welltower Inc. (NYSE:WELL) by 18.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 421,668 shares of the real estate investment trust’s stock after acquiring an additional 65,931 shares during the quarter. Capital International Inc. CA owned 0.07% of Welltower worth $53,143,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Retirement Systems of Alabama boosted its holdings in Welltower by 3.7% in the 3rd 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. boosted its stake in shares of Welltower by 120.3% in 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 buying an additional 7,872 shares during the period. Barclays PLC grew its position in Welltower by 29.2% during the third quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock worth $215,659,000 after buying an additional 380,888 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Welltower by 30.7% during 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 period. Finally, Park Avenue Securities LLC raised its holdings in Welltower by 20.1% in the 4th quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust’s stock valued at $1,696,000 after acquiring an additional 2,250 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WELL has been the topic of several analyst reports. StockNews.com raised Welltower from a “sell” rating to a “hold” rating in a report on Friday. Royal Bank of Canada raised shares of Welltower from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $146.00 to $168.00 in a report on Friday, February 28th. Scotiabank upped their price target on shares of Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a report on Thursday, March 6th. Bank of America increased their price target on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research report on Tuesday, February 18th. Finally, Wells Fargo & Company restated an “equal weight” rating on shares of Welltower in a research note on Thursday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.46.

Welltower Trading Up 1.1 %

Shares of WELL stock opened at $147.17 on Friday. The stock’s fifty day simple moving average is $148.31 and its 200 day simple moving average is $137.49. Welltower Inc. has a twelve month low of $90.76 and a twelve month high of $158.55. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $95.89 billion, a P/E ratio of 94.34, a P/E/G ratio of 2.87 and a beta of 0.93.

Welltower (NYSE:WELL) last announced its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS 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%. As a group, sell-side analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date was 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.