Sanctuary Advisors LLC Increases Stock Position in Welltower Inc. (NYSE:WELL)

Sanctuary Advisors LLC boosted its holdings in shares of Welltower Inc. (NYSE:WELL) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 159,160 shares of the real estate investment trust’s stock after buying an additional 5,574 shares during the quarter. Sanctuary Advisors LLC’s holdings in Welltower were worth $21,834,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new stake in Welltower during the fourth quarter valued at about $25,000. Roxbury Financial LLC bought a new stake in shares of Welltower in the 4th quarter valued at about $26,000. Sierra Ocean LLC purchased a new position in shares of Welltower in the 4th quarter worth approximately $28,000. Fortitude Family Office LLC raised its stake in shares of Welltower by 37.0% during the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 78 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in Welltower by 165.5% during the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 187 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Down 0.9 %

Shares of WELL opened at $150.03 on Tuesday. The company has a market capitalization of $93.42 billion, a price-to-earnings ratio of 98.70, a PEG ratio of 2.83 and a beta of 1.23. Welltower Inc. has a 52 week low of $87.87 and a 52 week high of $151.96. The stock’s 50-day moving average price is $131.74 and its 200-day moving average price is $129.07. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51.

Welltower (NYSE:WELL) last released its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.20% and a net margin of 12.22%. On average, sell-side analysts predict that Welltower Inc. will post 4.3 EPS for the current year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a yield of 1.79%. Welltower’s payout ratio is 176.32%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Bank of America lifted their price target on shares of Welltower from $190.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, January 24th. StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th. Mizuho lifted their price objective on shares of Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Scotiabank upped their target price on Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research report on Monday, January 27th. Finally, Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and lifted their price target for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and a consensus target price of $138.58.

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.