Welltower Inc. (NYSE:WELL) Stake Boosted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in shares of Welltower Inc. (NYSE:WELL) by 8.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,866,967 shares of the real estate investment trust’s stock after purchasing an additional 479,231 shares during the period. Charles Schwab Investment Management Inc. owned 1.06% of Welltower worth $529,024,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC increased its stake in Welltower by 1.9% in the 3rd 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 period. 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 worth $625,000 after acquiring an additional 120 shares in the last quarter. First Horizon Advisors Inc. grew its stake in Welltower by 21.2% in the fourth quarter. First Horizon Advisors Inc. now owns 691 shares of the real estate investment trust’s stock valued at $62,000 after purchasing an additional 121 shares in the last quarter. Private Advisor Group LLC increased its position in Welltower by 0.5% in the 3rd quarter. Private Advisor Group LLC now owns 25,167 shares of the real estate investment trust’s stock worth $2,062,000 after purchasing an additional 127 shares during the last quarter. Finally, Stiles Financial Services Inc lifted its holdings in shares of Welltower by 1.7% during the 3rd quarter. Stiles Financial Services Inc now owns 7,906 shares of the real estate investment trust’s stock valued at $648,000 after buying an additional 135 shares during the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on WELL. StockNews.com raised Welltower from a “sell” rating to a “hold” rating in a report on Monday. BNP Paribas assumed coverage on shares of Welltower in a report on Monday, March 18th. They set an “outperform” rating and a $104.00 price target for the company. Scotiabank dropped their price objective on Welltower from $97.00 to $96.00 and set a “sector outperform” rating on the stock in a research note on Monday, March 4th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Welltower in a research note on Tuesday, January 30th. They set a “buy” rating and a $115.00 target price for the company. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and a consensus price target of $95.57.

Welltower Trading Up 0.7 %

NYSE:WELL traded up $0.68 during mid-day trading on Tuesday, hitting $97.46. The company had a trading volume of 1,820,962 shares, compared to its average volume of 2,543,144. The firm has a market cap of $58.27 billion, a P/E ratio of 120.32, a P/E/G ratio of 2.42 and a beta of 1.07. Welltower Inc. has a fifty-two week low of $72.47 and a fifty-two week high of $98.19. The business’s fifty day moving average is $92.46 and its two-hundred day moving average is $90.00. The company has a debt-to-equity ratio of 0.50, a quick ratio of 3.83 and a current ratio of 3.83.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Monday, April 29th. The real estate investment trust reported $0.22 earnings per share (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 analyst estimates of $1.81 billion. Welltower had a net margin of 6.37% and a return on equity of 1.77%. Welltower’s quarterly revenue was up 19.2% on a year-over-year basis. During the same period last year, the firm earned $0.85 EPS. As a group, research analysts expect that Welltower Inc. will post 4.06 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Monday, May 13th will be issued a $0.61 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.50%. Welltower’s dividend payout ratio (DPR) is 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.