Welltower Inc. (NYSE:WELL) Stock Position Raised by Savant Capital LLC

Savant Capital LLC lifted its holdings in shares of Welltower Inc. (NYSE:WELL) by 98.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,240 shares of the real estate investment trust’s stock after purchasing an additional 3,591 shares during the quarter. Savant Capital LLC’s holdings in Welltower were worth $653,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of WELL. Nordea Investment Management AB boosted its stake in Welltower by 1,412.2% during the 4th quarter. Nordea Investment Management AB now owns 594,677 shares of the real estate investment trust’s stock valued at $54,062,000 after purchasing an additional 555,353 shares during the period. Harbour Trust & Investment Management Co acquired a new position in Welltower during the 4th quarter valued at about $5,409,000. Koshinski Asset Management Inc. boosted its stake in Welltower by 55.0% during the 4th quarter. Koshinski Asset Management Inc. now owns 4,108 shares of the real estate investment trust’s stock valued at $370,000 after purchasing an additional 1,458 shares during the period. Envestnet Asset Management Inc. boosted its stake in Welltower by 27.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 447,303 shares of the real estate investment trust’s stock valued at $36,643,000 after purchasing an additional 96,046 shares during the period. Finally, Cerity Partners LLC lifted its stake in shares of Welltower by 57.4% in the 4th quarter. Cerity Partners LLC now owns 168,106 shares of the real estate investment trust’s stock worth $15,158,000 after acquiring an additional 61,324 shares during the period. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

WELL stock opened at $95.81 on Friday. Welltower Inc. has a one year low of $72.47 and a one year high of $98.19. The firm has a 50-day moving average of $92.26 and a two-hundred day moving average of $89.76. The firm has a market capitalization of $57.29 billion, a PE ratio of 118.28, a P/E/G ratio of 2.42 and a beta of 1.07. The company has a current ratio of 3.83, a quick ratio of 3.22 and a debt-to-equity ratio of 0.50.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, April 29th. The real estate investment trust reported $0.22 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.72). Welltower had a net margin of 6.37% and a return on equity of 1.77%. The firm had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the company posted $0.85 EPS. The firm’s revenue was up 19.2% compared to the same quarter last year. On average, analysts forecast that Welltower Inc. will post 4.06 earnings per share for the current year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Monday, May 13th will be paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 2.55%. The ex-dividend date of this dividend is Friday, May 10th. Welltower’s dividend payout ratio (DPR) is currently 301.23%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on WELL. StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a research note on Friday, March 29th. BNP Paribas started coverage on Welltower in a report on Monday, March 18th. They issued an “outperform” rating and a $104.00 price objective for the company. Scotiabank lowered 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. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Welltower in a report on Tuesday, January 30th. They issued a “buy” rating and a $115.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $95.57.

Welltower 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.