Kintegral Advisory LLC lowered its stake in shares of Welltower Inc. (NYSE:WELL – Free Report) by 4.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,982 shares of the real estate investment trust’s stock after selling 931 shares during the quarter. Kintegral Advisory LLC’s holdings in Welltower were worth $2,518,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of WELL. Roxbury Financial LLC acquired a new position in Welltower during the 4th quarter valued at approximately $26,000. Laurel Wealth Advisors LLC acquired a new position in shares of Welltower in the 4th quarter valued at $25,000. Sierra Ocean LLC purchased a new position in Welltower in the 4th quarter worth $28,000. Fortitude Family Office LLC lifted its position in Welltower by 37.0% during the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 78 shares during the period. Finally, Versant Capital Management Inc grew its stake in Welltower by 165.5% during the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 187 shares during the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research analysts have recently issued reports on WELL shares. StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th. Mizuho lifted their price objective on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Scotiabank upped their price objective on shares of Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a report on Monday, January 27th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and raised their target price for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Finally, Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and upped their price target for the company from $145.00 to $167.00 in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and an average price target of $140.19.
Welltower Price Performance
Shares of Welltower stock opened at $148.69 on Friday. The firm has a market cap of $95.35 billion, a PE ratio of 95.31, a P/E/G ratio of 2.86 and a beta of 1.23. Welltower Inc. has a twelve month low of $87.87 and a twelve month high of $152.81. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. The business has a 50-day moving average price of $133.83 and a 200 day moving average price of $130.15.
Welltower (NYSE:WELL – Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Sell-side analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.
Welltower Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.80%. The ex-dividend date is Tuesday, February 25th. Welltower’s payout ratio is 171.79%.
Welltower Profile
Welltower Inc (NYSE:WELL), a real estate investment trust (“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 infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.
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