Welltower Inc. (NYSE:WELL) Shares Sold by Values First Advisors Inc.

Values First Advisors Inc. decreased its position in shares of Welltower Inc. (NYSE:WELL) by 32.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,757 shares of the real estate investment trust’s stock after selling 2,820 shares during the period. Values First Advisors Inc.’s holdings in Welltower were worth $519,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nordea Investment Management AB lifted its position in shares of 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 buying an additional 555,353 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of 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 buying an additional 96,046 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Welltower by 0.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 307,036 shares of the real estate investment trust’s stock valued at $25,152,000 after purchasing an additional 1,404 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in Welltower in the 3rd quarter valued at $1,204,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in Welltower by 17.2% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,434 shares of the real estate investment trust’s stock valued at $129,000 after purchasing an additional 210 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Trading Up 0.7 %

Shares of NYSE:WELL traded up $0.64 during midday trading on Thursday, reaching $93.44. 3,428,340 shares of the company’s stock were exchanged, compared to its average volume of 2,643,764. The firm’s 50 day simple moving average is $90.67 and its two-hundred day simple moving average is $88.08. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.22 and a quick ratio of 3.22. The stock has a market cap of $53.16 billion, a price-to-earnings ratio of 146.00, a P/E/G ratio of 2.32 and a beta of 1.08. Welltower Inc. has a fifty-two week low of $69.68 and a fifty-two week high of $94.63.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.79). The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.72 billion. Welltower had a return on equity of 1.47% and a net margin of 5.12%. The firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.83 earnings per share. As a group, sell-side analysts forecast that Welltower Inc. will post 4.02 EPS for the current fiscal year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Investors of record on Friday, February 23rd were given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend was Thursday, February 22nd. Welltower’s payout ratio is 381.26%.

Analyst Ratings Changes

A number of brokerages have weighed in on WELL. Deutsche Bank Aktiengesellschaft began coverage on Welltower in a report on Tuesday, January 30th. They issued a “buy” rating and a $115.00 price objective on the stock. StockNews.com upgraded Welltower from a “sell” rating to a “hold” rating in a report on Monday, March 18th. BNP Paribas began coverage on Welltower in a report on Monday, March 18th. They issued an “outperform” rating and a $104.00 price objective on the stock. Mizuho raised their price objective on Welltower from $90.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, January 3rd. Finally, Scotiabank decreased their price objective on Welltower from $97.00 to $96.00 and set a “sector outperform” rating on the stock in a report on Monday, March 4th. Five equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Welltower has a consensus rating of “Moderate Buy” and an average target price of $93.69.

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.