Sigma Planning Corp Acquires 752 Shares of Welltower Inc. (NYSE:WELL)

Sigma Planning Corp boosted its holdings in Welltower Inc. (NYSE:WELL) by 13.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,276 shares of the real estate investment trust’s stock after purchasing an additional 752 shares during the period. Sigma Planning Corp’s holdings in Welltower were worth $791,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC increased its position in Welltower by 21,236.0% during the 3rd quarter. International Assets Investment Management LLC now owns 173,888 shares of the real estate investment trust’s stock worth $22,263,000 after purchasing an additional 173,073 shares in the last quarter. Assenagon Asset Management S.A. increased its position in Welltower by 19.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 20,566 shares of the real estate investment trust’s stock valued at $2,633,000 after acquiring an additional 3,335 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Welltower by 0.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 120,134 shares of the real estate investment trust’s stock valued at $15,381,000 after acquiring an additional 704 shares during the period. GHP Investment Advisors Inc. raised its stake in shares of Welltower by 14.1% during the third quarter. GHP Investment Advisors Inc. now owns 775 shares of the real estate investment trust’s stock valued at $99,000 after acquiring an additional 96 shares during the last quarter. Finally, Modera Wealth Management LLC acquired a new position in shares of Welltower during the third quarter worth $223,000. Institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on WELL shares. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and lifted their target price for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Bank of America upped their price objective on shares of Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research note on Tuesday, February 18th. Scotiabank boosted their target price on shares of Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a report on Monday, January 27th. Mizuho lifted their price objective on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Finally, Raymond James boosted their target price on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $140.19.

Welltower Trading Up 0.7 %

NYSE:WELL opened at $151.75 on Wednesday. The company’s 50 day moving average price is $134.72 and its 200-day moving average price is $130.85. Welltower Inc. has a 52 week low of $87.87 and a 52 week high of $152.81. The stock has a market cap of $97.32 billion, a price-to-earnings ratio of 97.28, a PEG ratio of 2.87 and a beta of 1.23. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48.

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 net margin of 11.91% and a return on equity of 3.15%. On average, equities research analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Tuesday, February 25th. Welltower’s dividend payout ratio is presently 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.