Welltower Inc. (NYSE:WELL) Holdings Boosted by Private Trust Co. NA

Private Trust Co. NA boosted its holdings in Welltower Inc. (NYSE:WELL) by 48.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 825 shares of the real estate investment trust’s stock after acquiring an additional 268 shares during the period. Private Trust Co. NA’s holdings in Welltower were worth $74,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Sequoia Financial Advisors LLC raised its holdings in shares of Welltower by 1.9% during the third quarter. Sequoia Financial Advisors LLC now owns 6,372 shares of the real estate investment trust’s stock valued at $522,000 after buying an additional 119 shares during the last quarter. Profund Advisors LLC raised its holdings in shares of Welltower by 1.6% during the third quarter. Profund Advisors LLC now owns 7,632 shares of the real estate investment trust’s stock valued at $625,000 after buying an additional 120 shares during the last quarter. Cresset Asset Management LLC raised its holdings in shares of Welltower by 2.5% during the first quarter. Cresset Asset Management LLC now owns 5,044 shares of the real estate investment trust’s stock valued at $485,000 after buying an additional 125 shares during the last quarter. Dai Ichi Life Insurance Company Ltd raised its holdings in shares of Welltower by 0.4% during the first quarter. Dai Ichi Life Insurance Company Ltd now owns 33,012 shares of the real estate investment trust’s stock valued at $3,174,000 after buying an additional 125 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of Welltower by 0.5% during the third quarter. Private Advisor Group LLC now owns 25,167 shares of the real estate investment trust’s stock valued at $2,062,000 after buying an additional 127 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Down 2.0 %

Welltower stock opened at $90.20 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.22 and a current ratio of 3.22. The firm has a market cap of $53.31 billion, a price-to-earnings ratio of 140.94, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. Welltower Inc. has a 1 year low of $72.47 and a 1 year high of $94.63. The firm’s 50 day moving average price is $91.45 and its two-hundred day moving average price is $88.63.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, February 13th. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.94 by ($0.79). Welltower had a return on equity of 1.47% and a net margin of 5.12%. The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.72 billion. During the same quarter last year, the firm posted $0.83 EPS. The company’s quarterly revenue was up 15.2% compared to the same quarter last year. On average, research analysts predict that Welltower Inc. will post 4.03 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Shareholders of record on Friday, February 23rd were given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend was Thursday, February 22nd. Welltower’s payout ratio is 381.25%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft initiated coverage on Welltower in a report on Tuesday, January 30th. They set a “buy” rating and a $115.00 price target on the stock. StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a report on Friday, March 29th. Scotiabank dropped their target price on Welltower from $97.00 to $96.00 and set a “sector outperform” rating on the stock in a report on Monday, March 4th. BNP Paribas initiated coverage on Welltower in a report on Monday, March 18th. They set an “outperform” rating and a $104.00 target price on the stock. Finally, KeyCorp boosted their target price on Welltower from $90.00 to $95.00 and gave the stock an “overweight” rating in a report on Friday, January 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $95.57.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.