Jackson Creek Investment Advisors LLC Reduces Position in Welltower Inc. (NYSE:WELL)

Jackson Creek Investment Advisors LLC trimmed its holdings in Welltower Inc. (NYSE:WELL) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,669 shares of the real estate investment trust’s stock after selling 239 shares during the quarter. Jackson Creek Investment Advisors LLC’s holdings in Welltower were worth $840,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Laurel Wealth Advisors LLC bought a new position in Welltower during the 4th quarter worth about $25,000. Roxbury Financial LLC purchased a new stake in shares of Welltower in the 4th quarter worth approximately $26,000. Sierra Ocean LLC purchased a new position in Welltower during the fourth quarter valued at approximately $28,000. Versant Capital Management Inc raised its stake in Welltower by 165.5% in the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 187 shares in the last quarter. Finally, Ashton Thomas Securities LLC purchased a new stake in Welltower during the third quarter worth $50,000. 94.80% of the stock is owned by institutional investors.

Welltower Trading Down 1.2 %

Shares of Welltower stock opened at $147.22 on Friday. The company’s fifty day moving average is $138.99 and its two-hundred day moving average is $132.63. Welltower Inc. has a 1 year low of $87.87 and a 1 year high of $158.55. The company has a market capitalization of $94.41 billion, a P/E ratio of 94.37, a PEG ratio of 2.87 and a beta of 1.20. 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 (NYSE:WELL) last released its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were issued a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.82%. Welltower’s dividend payout ratio is presently 171.79%.

Analyst Ratings Changes

WELL has been the subject of a number of recent research reports. Jefferies Financial Group upgraded shares of 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 upgraded shares of Welltower from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $145.00 to $167.00 in a research note on Friday, February 14th. StockNews.com downgraded shares of Welltower from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th. Raymond James lifted their price target on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. Finally, Scotiabank increased their price objective on Welltower from $165.00 to $166.00 and gave the company a “sector outperform” rating in a report on Thursday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $148.42.

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.