Welltower Inc. (NYSE:WELL) Shares Acquired by Caldwell Sutter Capital Inc.

Caldwell Sutter Capital Inc. raised its stake in shares of Welltower Inc. (NYSE:WELL) by 47.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,725 shares of the real estate investment trust’s stock after acquiring an additional 1,200 shares during the quarter. Caldwell Sutter Capital Inc.’s holdings in Welltower were worth $469,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Welltower by 638.0% in the third 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 purchasing an additional 5,982,711 shares during the period. FMR LLC boosted its holdings in shares of Welltower by 38.1% in the 3rd quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock valued at $1,847,289,000 after buying an additional 3,977,845 shares during the period. Duff & Phelps Investment Management Co. acquired a new position in shares of Welltower in the 2nd quarter valued at about $254,977,000. Wellington Management Group LLP raised its stake 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 worth $2,392,349,000 after acquiring an additional 1,797,330 shares during the period. Finally, Barclays PLC raised its stake in Welltower by 29.2% during the third quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock worth $215,659,000 after acquiring an additional 380,888 shares during the period. Institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on WELL shares. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $135.00 target price (up from $134.00) on shares of Welltower in a report on Tuesday, October 1st. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and raised their target price for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd. Raymond James upped their price target on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Monday, December 16th. StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Finally, Scotiabank lifted their price target on Welltower from $133.00 to $142.00 and gave the company a “sector outperform” rating in a report on Monday, November 25th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.63.

Welltower Price Performance

Shares of NYSE:WELL opened at $132.31 on Friday. The company’s fifty day moving average is $130.15 and its two-hundred day moving average is $124.95. The company has a market cap of $82.39 billion, a P/E ratio of 87.05, a price-to-earnings-growth ratio of 2.64 and a beta of 1.22. Welltower Inc. has a 12-month low of $85.40 and a 12-month high of $140.75. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.31). Welltower had a net margin of 12.22% and a return on equity of 3.20%. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period in the previous year, the firm posted $0.92 earnings per share. The firm’s quarterly revenue was up 23.7% on a year-over-year basis. Equities analysts expect that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Wednesday, November 13th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date was Wednesday, November 13th. Welltower’s payout ratio is presently 176.32%.

About Welltower

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.