United Services Automobile Association Buys 305 Shares of Welltower Inc. (NYSE:WELL)

United Services Automobile Association lifted its stake in Welltower Inc. (NYSE:WELL) by 2.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 13,488 shares of the real estate investment trust’s stock after acquiring an additional 305 shares during the period. United Services Automobile Association’s holdings in Welltower were worth $1,700,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. raised its stake in shares of Welltower by 3.8% in the 4th quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust’s stock valued at $259,000 after buying an additional 75 shares in the last quarter. Childress Capital Advisors LLC increased its stake in Welltower by 3.7% in the fourth quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust’s stock valued at $271,000 after acquiring an additional 76 shares during the period. Wealthspire Advisors LLC raised its position in Welltower by 2.5% in the fourth quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust’s stock worth $435,000 after purchasing an additional 83 shares in the last quarter. Graypoint LLC lifted its stake in Welltower by 2.5% during the fourth quarter. Graypoint LLC now owns 3,427 shares of the real estate investment trust’s stock worth $432,000 after purchasing an additional 84 shares during the period. Finally, Investment Advisory Group LLC boosted its holdings in Welltower by 1.8% during the fourth quarter. Investment Advisory Group LLC now owns 4,889 shares of the real estate investment trust’s stock valued at $616,000 after purchasing an additional 85 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WELL has been the subject of a number of recent research reports. Wedbush raised Welltower from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $145.00 to $167.00 in a report on Friday, February 14th. Royal Bank of Canada upgraded Welltower from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $146.00 to $168.00 in a research note on Friday, February 28th. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and lifted their price objective for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Scotiabank upped their target price on shares of Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a report on Thursday, March 6th. Finally, StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $156.46.

Welltower Trading Down 0.7 %

WELL opened at $146.84 on Monday. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $158.55. The stock has a market capitalization of $94.17 billion, a PE ratio of 94.13, a PEG ratio of 2.87 and a beta of 1.20. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. The firm has a 50-day moving average price of $143.50 and a two-hundred day moving average price of $134.78.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating 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, equities analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.83%. Welltower’s payout ratio is currently 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.