9,949 Shares in Welltower Inc. (NYSE:WELL) Bought by OFI Invest Asset Management

OFI Invest Asset Management acquired a new position in Welltower Inc. (NYSE:WELL) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 9,949 shares of the real estate investment trust’s stock, valued at approximately $1,211,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Wellington Management Group LLP lifted its position in Welltower by 10.6% during the third 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 lifted its position in Welltower by 38.1% during 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Welltower by 638.0% during the third 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 purchasing an additional 5,982,711 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Welltower by 0.8% during the third 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 purchasing an additional 46,332 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Welltower by 3.1% during the fourth quarter. Bank of New York Mellon Corp now owns 3,884,674 shares of the real estate investment trust’s stock valued at $489,585,000 after purchasing an additional 117,170 shares in the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Trading Down 1.2 %

Shares of NYSE WELL opened at $147.22 on Monday. The business’s 50 day moving average is $138.99 and its two-hundred day moving average is $132.86. 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 Inc. has a 1-year low of $87.87 and a 1-year high of $158.55. The stock has a market capitalization of $94.41 billion, a P/E ratio of 94.37, a PEG ratio of 2.87 and a beta of 1.20.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) 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%. As a group, research analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.82%. The ex-dividend date was Tuesday, February 25th. Welltower’s dividend payout ratio (DPR) is presently 171.79%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and lifted their target price for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. StockNews.com downgraded Welltower from a “hold” rating to a “sell” rating in a research report on Thursday, February 13th. Royal Bank of Canada upgraded Welltower from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $146.00 to $168.00 in a research report on Friday, February 28th. Scotiabank boosted their price objective on Welltower from $165.00 to $166.00 and gave the company a “sector outperform” rating in a research report on Thursday. Finally, Mizuho boosted their price objective on Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $148.42.

Welltower Company 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.