Caldwell Sutter Capital Inc. Buys 1,200 Shares of Welltower Inc. (NYSE:WELL)

Caldwell Sutter Capital Inc. lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 47.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,725 shares of the real estate investment trust’s stock after acquiring an additional 1,200 shares during the period. Caldwell Sutter Capital Inc.’s holdings in Welltower were worth $469,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in 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 worth $886,022,000 after purchasing an additional 5,982,711 shares during the last quarter. FMR LLC raised its position in shares of Welltower by 38.1% in the third quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock valued at $1,847,289,000 after purchasing an additional 3,977,845 shares during the period. Duff & Phelps Investment Management Co. acquired a new stake in shares of Welltower in the second quarter worth $254,977,000. Wellington Management Group LLP boosted its holdings in shares of 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 worth $2,392,349,000 after buying an additional 1,797,330 shares during the period. Finally, Barclays PLC grew its stake in Welltower by 29.2% in the 3rd quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock valued at $215,659,000 after buying an additional 380,888 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Price Performance

Welltower stock opened at $132.31 on Friday. The business has a 50 day simple moving average of $130.15 and a 200 day simple moving average of $124.95. 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 company has a market capitalization of $82.39 billion, a PE ratio of 87.05, a price-to-earnings-growth ratio of 2.64 and a beta of 1.22. Welltower Inc. has a one year low of $85.40 and a one year high of $140.75.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.31). The business had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.95 billion. Welltower had a return on equity of 3.20% and a net margin of 12.22%. The firm’s revenue was up 23.7% on a year-over-year basis. During the same quarter last year, the company earned $0.92 earnings per share. On average, sell-side analysts forecast that Welltower Inc. will post 4.3 EPS for the current fiscal year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Wednesday, November 13th were paid a $0.67 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $2.68 dividend on an annualized basis and a yield of 2.03%. Welltower’s payout ratio is presently 176.32%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on WELL. Scotiabank raised their price target on Welltower from $133.00 to $142.00 and gave the company a “sector outperform” rating in a research report on Monday, November 25th. Raymond James upped 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. Wells Fargo & Company reiterated an “equal weight” rating and set a $135.00 target price (up from $134.00) on shares of Welltower in a research note on Tuesday, October 1st. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Finally, StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus price target of $127.63.

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.