Welltower Inc. (NYSE:WELL) Shares Sold by Lincluden Management Ltd.

Lincluden Management Ltd. decreased its position in shares of Welltower Inc. (NYSE:WELL) by 5.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 23,741 shares of the real estate investment trust’s stock after selling 1,286 shares during the quarter. Lincluden Management Ltd.’s holdings in Welltower were worth $2,992,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its stake in Welltower by 62.0% during the fourth quarter. IFP Advisors Inc now owns 1,427 shares of the real estate investment trust’s stock valued at $180,000 after buying an additional 546 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in Welltower by 63.6% in the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 128,339 shares of the real estate investment trust’s stock valued at $16,175,000 after acquiring an additional 49,900 shares during the last quarter. Howard Capital Management Inc. boosted its position in shares of Welltower by 5.3% during the 4th quarter. Howard Capital Management Inc. now owns 3,368 shares of the real estate investment trust’s stock valued at $424,000 after purchasing an additional 171 shares in the last quarter. Wealthspire Advisors LLC grew its stake in shares of Welltower by 2.5% in the 4th 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 during the last quarter. Finally, Sigma Planning Corp raised its holdings in shares of Welltower by 13.6% in the 4th quarter. Sigma Planning Corp now owns 6,276 shares of the real estate investment trust’s stock worth $791,000 after purchasing an additional 752 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on WELL. Raymond James raised their target price 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 Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and upped their target price for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Bank of America lifted their price target on Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research note on Tuesday, February 18th. Finally, Mizuho upped their price objective on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating, three have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $140.19.

Welltower Stock Performance

Shares of WELL opened at $150.74 on Tuesday. The company has a market capitalization of $96.67 billion, a PE ratio of 96.63, a PEG ratio of 2.87 and a beta of 1.23. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The company’s 50 day moving average price is $134.27 and its 200 day moving average price is $130.61. Welltower Inc. has a 52 week low of $87.87 and a 52 week 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 EPS for the quarter, beating the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. Research analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal 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 given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend is Tuesday, February 25th. 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.