Welltower Inc. (NYSE:WELL) Shares Sold by Schnieders Capital Management LLC

Schnieders Capital Management LLC lessened its stake in Welltower Inc. (NYSE:WELL) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,704 shares of the real estate investment trust’s stock after selling 86 shares during the quarter. Schnieders Capital Management LLC’s holdings in Welltower were worth $1,097,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of WELL. Whipplewood Advisors LLC acquired a new position in shares of Welltower in the 4th quarter worth approximately $367,000. Oregon Public Employees Retirement Fund increased its stake in Welltower by 2.4% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 50,720 shares of the real estate investment trust’s stock valued at $6,392,000 after purchasing an additional 1,182 shares during the last quarter. Checchi Capital Advisers LLC lifted its position in shares of Welltower by 1.9% in the 4th quarter. Checchi Capital Advisers LLC now owns 9,206 shares of the real estate investment trust’s stock worth $1,160,000 after buying an additional 172 shares during the last quarter. National Pension Service boosted its holdings in shares of Welltower by 1.3% in the 4th quarter. National Pension Service now owns 1,403,960 shares of the real estate investment trust’s stock valued at $176,941,000 after buying an additional 18,668 shares during the period. Finally, Denali Advisors LLC raised its stake in Welltower by 27.1% during the fourth quarter. Denali Advisors LLC now owns 14,167 shares of the real estate investment trust’s stock worth $1,785,000 after acquiring an additional 3,019 shares during the period. Institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on WELL. Raymond James raised their price target on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. Mizuho raised their price target 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. Bank of America lifted their target price on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research note on Tuesday, February 18th. Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $145.00 to $167.00 in a report on Friday, February 14th. Finally, Scotiabank raised their price objective on shares of Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research note on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $140.19.

Welltower Trading Down 0.8 %

Shares of Welltower stock opened at $150.50 on Thursday. The firm has a market capitalization of $96.52 billion, a PE ratio of 96.47, a price-to-earnings-growth ratio of 2.87 and a beta of 1.23. The company’s fifty day moving average price is $135.22 and its two-hundred day moving average price is $130.99. Welltower Inc. has a 52-week low of $87.87 and a 52-week high of $152.81. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping 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%. On average, analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Tuesday, February 25th. Welltower’s dividend payout ratio is presently 171.79%.

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.