Welltower Inc. (NYSE:WELL) Shares Purchased by Metis Global Partners LLC

Metis Global Partners LLC boosted its position in Welltower Inc. (NYSE:WELL) by 10.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,562 shares of the real estate investment trust’s stock after buying an additional 6,201 shares during the quarter. Metis Global Partners LLC’s holdings in Welltower were worth $5,822,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in WELL. Bruce G. Allen Investments LLC bought a new stake in shares of Welltower in the 4th quarter worth about $25,000. Headlands Technologies LLC increased its position in shares of Welltower by 479.6% in the 3rd quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 259 shares during the last quarter. FinTrust Capital Advisors LLC increased its position 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 worth $28,000 after purchasing an additional 185 shares during the last quarter. Financial Gravity Asset Management Inc. bought a new stake in shares of Welltower in the 3rd quarter worth about $38,000. Finally, Salem Investment Counselors Inc. increased its position in shares of Welltower by 84.0% in the 4th quarter. Salem Investment Counselors Inc. now owns 425 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 194 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Scotiabank dropped their target price on shares of Welltower from $97.00 to $96.00 and set a “sector outperform” rating for the company in a research report on Monday, March 4th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Welltower in a research report on Tuesday, January 30th. They set a “buy” rating and a $115.00 price objective for the company. StockNews.com downgraded shares of Welltower from a “hold” rating to a “sell” rating in a research report on Friday, March 29th. Finally, BNP Paribas assumed coverage on shares of Welltower in a research report on Monday, March 18th. They set an “outperform” rating and a $104.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.57.

Welltower Stock Performance

NYSE WELL traded down $0.27 on Friday, hitting $95.81. The stock had a trading volume of 2,557,328 shares, compared to its average volume of 2,394,857. Welltower Inc. has a one year low of $72.47 and a one year high of $98.19. The company has a quick ratio of 3.22, a current ratio of 3.83 and a debt-to-equity ratio of 0.50. The stock has a market cap of $57.29 billion, a price-to-earnings ratio of 118.28, a P/E/G ratio of 2.42 and a beta of 1.07. The company’s 50-day moving average is $92.26 and its two-hundred day moving average is $89.81.

Welltower (NYSE:WELL) last posted its 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). The firm had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.81 billion. Welltower had a return on equity of 1.77% and a net margin of 6.37%. Welltower’s revenue for the quarter was up 19.2% on a year-over-year basis. During the same quarter last year, the company posted $0.85 EPS. On average, analysts expect that Welltower Inc. will post 4.06 earnings per share for the current year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Monday, May 13th will be paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date is Friday, May 10th. Welltower’s dividend payout ratio is currently 301.23%.

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.