Valmark Advisers Inc. Makes New $243,000 Investment in Welltower Inc. (NYSE:WELL)

Valmark Advisers Inc. acquired a new stake in shares of Welltower Inc. (NYSE:WELL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,932 shares of the real estate investment trust’s stock, valued at approximately $243,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wellington Management Group LLP increased its stake in Welltower by 10.6% during the 3rd 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. FMR LLC raised its stake in shares of Welltower by 38.1% during 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 last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Welltower by 638.0% in 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 valued at $886,022,000 after buying an additional 5,982,711 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Welltower by 0.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust’s stock valued at $776,657,000 after buying an additional 46,332 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Welltower by 6.6% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,106,666 shares of the real estate investment trust’s stock worth $391,533,000 after buying an additional 192,303 shares during the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on WELL shares. Scotiabank boosted their price target on Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a report on Monday, January 27th. Wedbush upgraded shares of Welltower from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $145.00 to $167.00 in a research note on Friday, February 14th. Raymond James increased 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. StockNews.com cut shares of Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Finally, Bank of America increased their target price on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $140.19.

Welltower Price Performance

Shares of Welltower stock opened at $150.54 on Wednesday. The business has a 50 day simple moving average of $132.15 and a two-hundred day simple moving average of $129.33. The company has a debt-to-equity ratio of 0.51, a current ratio of 4.10 and a quick ratio of 4.10. The stock has a market capitalization of $93.74 billion, a P/E ratio of 99.04, a PEG ratio of 2.83 and a beta of 1.23. Welltower Inc. has a 12 month low of $87.87 and a 12 month high of $152.81.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.73. Welltower had a net margin of 12.22% and a return on equity of 3.20%. As a group, analysts predict that Welltower Inc. will post 4.3 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th will be given a $0.67 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.78%. Welltower’s dividend payout ratio (DPR) is presently 176.32%.

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.