Capital International Investors Has $4.67 Billion Holdings in Welltower Inc. (NYSE:WELL)

Capital International Investors lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 0.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 37,096,408 shares of the real estate investment trust’s stock after buying an additional 318,496 shares during the period. Welltower accounts for about 0.9% of Capital International Investors’ investment portfolio, making the stock its 26th biggest holding. Capital International Investors owned approximately 0.06% of Welltower worth $4,674,826,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new stake in Welltower in the 4th quarter valued at $3,943,892,000. Vanguard Group Inc. increased its position in shares of Welltower by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 98,295,258 shares of the real estate investment trust’s stock worth $12,388,151,000 after acquiring an additional 2,612,044 shares in the last quarter. Groupama Asset Managment raised its holdings in shares of Welltower by 23,204.3% in the 4th quarter. Groupama Asset Managment now owns 1,900,000 shares of the real estate investment trust’s stock worth $2,183,000 after acquiring an additional 1,891,847 shares during the last quarter. FMR LLC lifted its position in Welltower by 9.4% in the 4th quarter. FMR LLC now owns 15,782,795 shares of the real estate investment trust’s stock valued at $1,989,106,000 after acquiring an additional 1,354,231 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Welltower during the 4th quarter valued at about $90,565,000. Institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on WELL. Mizuho increased their price objective on Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a research note on Wednesday, March 26th. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and upped their target price for the stock from $132.00 to $147.00 in a research note on Thursday, January 2nd. Wells Fargo & Company reissued an “equal weight” rating on shares of Welltower in a research report on Thursday. Finally, Scotiabank upped their price objective on shares of Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a research report on Thursday, March 6th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and an average target price of $156.46.

Welltower Price Performance

Shares of NYSE WELL opened at $147.17 on Friday. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. The stock has a fifty day simple moving average of $148.24 and a two-hundred day simple moving average of $137.36. Welltower Inc. has a 1-year low of $89.38 and a 1-year high of $158.55. The firm has a market cap of $95.43 billion, a price-to-earnings ratio of 94.34, a price-to-earnings-growth ratio of 2.87 and a beta of 0.93.

Welltower (NYSE:WELL) last announced its quarterly earnings data 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 anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

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