Private Advisor Group LLC Sells 473 Shares of Welltower Inc. (NYSE:WELL)

Private Advisor Group LLC reduced its position in Welltower Inc. (NYSE:WELL) by 2.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,143 shares of the real estate investment trust’s stock after selling 473 shares during the quarter. Private Advisor Group LLC’s holdings in Welltower were worth $2,413,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Welltower by 638.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock worth $886,022,000 after acquiring an additional 5,982,711 shares during the period. FMR LLC lifted its stake in Welltower by 38.1% during the third quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock worth $1,847,289,000 after purchasing an additional 3,977,845 shares during the period. Wellington Management Group LLP boosted its holdings in Welltower by 10.6% during the third quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock valued at $2,392,349,000 after purchasing an additional 1,797,330 shares in the last quarter. Barclays PLC raised its holdings in shares of Welltower by 29.2% in the 3rd quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock worth $215,659,000 after buying an additional 380,888 shares in the last quarter. Finally, Nordea Investment Management AB lifted its position in shares of Welltower by 28.1% during the 4th quarter. Nordea Investment Management AB now owns 1,477,388 shares of the real estate investment trust’s stock worth $185,649,000 after buying an additional 324,520 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Up 1.5 %

NYSE:WELL opened at $150.74 on Tuesday. Welltower Inc. has a 1 year low of $87.87 and a 1 year high of $152.81. The stock has a 50-day moving average price of $134.27 and a two-hundred day moving average price of $130.61. The stock has a market cap of $96.67 billion, a price-to-earnings ratio of 96.63, a PEG ratio of 2.87 and a beta of 1.23. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping 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%. As a group, equities analysts expect that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.78%. The ex-dividend date is Tuesday, February 25th. Welltower’s payout ratio is 171.79%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Raymond James boosted their price target on shares of Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research report on Monday, December 16th. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and boosted their target price for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Wedbush raised Welltower from a “neutral” rating to an “outperform” rating and raised their price target for the company from $145.00 to $167.00 in a report on Friday, February 14th. Scotiabank boosted their price objective on Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research note on Monday, January 27th. Finally, StockNews.com lowered Welltower from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $140.19.

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.