Signaturefd LLC Has $1.30 Million Holdings in Welltower Inc. (NYSE:WELL)

Signaturefd LLC boosted its stake in shares of Welltower Inc. (NYSE:WELL) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,297 shares of the real estate investment trust’s stock after purchasing an additional 550 shares during the quarter. Signaturefd LLC’s holdings in Welltower were worth $1,298,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Mather Group LLC. raised its stake in shares of Welltower by 3.8% in the 4th quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust’s stock valued at $259,000 after buying an additional 75 shares in the last quarter. Childress Capital Advisors LLC raised its stake in shares of Welltower by 3.7% in the 4th quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust’s stock valued at $271,000 after buying an additional 76 shares in the last quarter. Wealthspire Advisors LLC raised its stake in shares of Welltower by 2.5% in the 4th quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust’s stock valued at $435,000 after buying an additional 83 shares in the last quarter. Graypoint LLC raised its stake in shares of Welltower by 2.5% in the 4th quarter. Graypoint LLC now owns 3,427 shares of the real estate investment trust’s stock valued at $432,000 after buying an additional 84 shares in the last quarter. Finally, Investment Advisory Group LLC raised its stake in shares of Welltower by 1.8% in the 4th quarter. Investment Advisory Group LLC now owns 4,889 shares of the real estate investment trust’s stock valued at $616,000 after buying an additional 85 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Trading Down 0.9 %

WELL opened at $149.92 on Wednesday. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $158.55. The firm has a 50-day moving average price of $142.19 and a two-hundred day moving average price of $134.25. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $96.14 billion, a PE ratio of 96.10, a PEG ratio of 2.87 and a beta of 1.20.

Welltower (NYSE:WELL) last issued its quarterly earnings results 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 net margin of 11.91% and a return on equity of 3.15%. As a group, equities analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend was Tuesday, February 25th. Welltower’s dividend payout ratio is 171.79%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Mizuho upped their target price on shares of Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a report on Tuesday. Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $145.00 to $167.00 in a report on Friday, February 14th. Evercore ISI upped their target price on shares of Welltower from $144.00 to $145.00 and gave the stock an “in-line” rating in a report on Tuesday, March 4th. Royal Bank of Canada raised shares of Welltower from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from $146.00 to $168.00 in a report on Friday, February 28th. Finally, Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and upped their target price for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Three equities research analysts have rated the stock with 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 company presently has a consensus rating of “Moderate Buy” and an average target price of $156.46.

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.