Stratos Wealth Partners LTD. Sells 728 Shares of Welltower Inc. (NYSE:WELL)

Stratos Wealth Partners LTD. decreased its position in shares of Welltower Inc. (NYSE:WELL) by 12.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,028 shares of the real estate investment trust’s stock after selling 728 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Welltower were worth $453,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Bruce G. Allen Investments LLC bought a new stake in shares of Welltower during the 4th quarter worth approximately $25,000. Headlands Technologies LLC raised its position in Welltower by 479.6% during the third quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 259 shares in the last quarter. First Capital Advisors Group LLC. bought a new stake in Welltower during the second quarter worth $26,000. Compass Wealth Management LLC acquired a new stake in shares of Welltower in the 4th quarter valued at $26,000. Finally, FinTrust Capital Advisors LLC increased its stake in shares of Welltower by 117.8% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 185 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Performance

NYSE WELL opened at $89.79 on Friday. The company has a market capitalization of $53.07 billion, a price-to-earnings ratio of 140.30, a PEG ratio of 2.30 and a beta of 1.08. Welltower Inc. has a twelve month low of $72.47 and a twelve month high of $94.63. The stock has a fifty day simple moving average of $91.53 and a 200 day simple moving average of $88.74. The company has a quick ratio of 3.22, a current ratio of 3.22 and a debt-to-equity ratio of 0.60.

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

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Friday, February 23rd were given a $0.61 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.72%. Welltower’s dividend payout ratio (DPR) is currently 381.26%.

Wall Street Analysts Forecast Growth

WELL has been the subject of several recent analyst reports. Mizuho upped their price objective on Welltower from $90.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. JPMorgan Chase & Co. upgraded shares of Welltower from a “neutral” rating to an “overweight” rating and raised their price target for the company from $92.00 to $99.00 in a research note on Monday, December 18th. StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a report on Friday, March 29th. KeyCorp increased their price objective on shares of Welltower from $90.00 to $95.00 and gave the company an “overweight” rating in a research note on Friday, January 5th. Finally, BNP Paribas started coverage on shares of Welltower in a research report on Monday, March 18th. They issued an “outperform” rating and a $104.00 target price on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock 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.