Bank Julius Baer & Co. Ltd Zurich Sells 1,353 Shares of Welltower Inc. (NYSE:WELL)

Bank Julius Baer & Co. Ltd Zurich decreased its position in shares of Welltower Inc. (NYSE:WELL) by 66.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 680 shares of the real estate investment trust’s stock after selling 1,353 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in Welltower were worth $95,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Mather Group LLC. raised its holdings in Welltower by 3.8% during the 4th quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust’s stock worth $259,000 after purchasing an additional 75 shares during the last quarter. Childress Capital Advisors LLC raised its holdings in Welltower by 3.7% during the 4th quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust’s stock worth $271,000 after purchasing an additional 76 shares during the last quarter. Wealthspire Advisors LLC raised its holdings in Welltower by 2.5% during 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. Graypoint LLC raised its holdings in Welltower by 2.5% during the 4th quarter. Graypoint LLC now owns 3,427 shares of the real estate investment trust’s stock worth $432,000 after purchasing an additional 84 shares during the last quarter. Finally, Investment Advisory Group LLC grew its position in shares of Welltower by 1.8% during the 4th quarter. Investment Advisory Group LLC now owns 4,889 shares of the real estate investment trust’s stock worth $616,000 after buying an additional 85 shares during the period. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 0.7 %

NYSE WELL opened at $147.19 on Wednesday. The stock has a market capitalization of $94.39 billion, a price-to-earnings ratio of 94.35, a PEG ratio of 2.87 and a beta of 1.20. Welltower Inc. has a one year low of $87.87 and a one year high of $158.55. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. The business’s fifty day moving average is $139.84 and its 200-day moving average is $133.26.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Equities research analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date was Tuesday, February 25th. Welltower’s payout ratio is presently 171.79%.

Analysts Set New Price Targets

WELL has been the subject of several recent analyst reports. Mizuho raised their price objective on shares of Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $145.00 to $167.00 in a research report on Friday, February 14th. Raymond James lifted their price target on shares of Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research report on Monday, December 16th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and lifted their price target for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. Finally, Wells Fargo & Company lifted their price target on shares of Welltower from $140.00 to $158.00 and gave the company an “equal weight” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $150.19.

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.