Landscape Capital Management L.L.C. Acquires Shares of 13,058 Welltower Inc. (NYSE:WELL)

Landscape Capital Management L.L.C. bought a new position in Welltower Inc. (NYSE:WELL) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 13,058 shares of the real estate investment trust’s stock, valued at approximately $1,646,000.

Several other hedge funds have also recently made changes to their positions in WELL. Retirement Systems of Alabama raised its stake in Welltower by 3.7% in the 3rd quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust’s stock valued at $60,228,000 after acquiring an additional 16,946 shares during the period. Vestmark Advisory Solutions Inc. boosted its position in Welltower by 120.3% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust’s stock worth $1,817,000 after purchasing an additional 7,872 shares during the period. Barclays PLC increased its stake in shares of Welltower by 29.2% in the third quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock worth $215,659,000 after purchasing an additional 380,888 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of Welltower by 20.1% in the fourth quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust’s stock valued at $1,696,000 after purchasing an additional 2,250 shares during the period. Finally, Cbre Investment Management Listed Real Assets LLC lifted its stake in shares of Welltower by 17.3% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,936,954 shares of the real estate investment trust’s stock valued at $244,114,000 after buying an additional 285,015 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors.

Welltower Trading Down 6.0 %

WELL stock opened at $143.26 on Friday. The company has a market capitalization of $92.89 billion, a PE ratio of 91.83, a price-to-earnings-growth ratio of 2.87 and a beta of 0.93. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. Welltower Inc. has a one year low of $87.87 and a one year high of $158.55. The company’s 50 day moving average price is $147.64 and its two-hundred day moving average price is $136.29.

Welltower (NYSE:WELL) last issued its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. As a group, analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 annualized dividend and a yield of 1.87%. Welltower’s payout ratio is 171.79%.

Analyst Upgrades and Downgrades

WELL has been the topic of a number of analyst reports. Raymond James boosted their target price on shares of Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a report on Monday, December 16th. Wells Fargo & Company boosted their price objective on Welltower from $140.00 to $158.00 and gave the company an “equal weight” rating in a research note on Monday, March 10th. Mizuho raised their target price on Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. Royal Bank of Canada raised shares of Welltower from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $146.00 to $168.00 in a report on Friday, February 28th. Finally, StockNews.com cut shares of Welltower from a “hold” rating to a “sell” rating in a research note on Wednesday, March 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $156.46.

Welltower Company 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.