Welltower Inc. (NYSE:WELL) Position Raised by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd boosted its position in Welltower Inc. (NYSE:WELL) by 3.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 395,744 shares of the real estate investment trust’s stock after purchasing an additional 12,364 shares during the period. UniSuper Management Pty Ltd owned approximately 0.06% of Welltower worth $49,876,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WELL. Retirement Systems of Alabama lifted its holdings in shares of Welltower by 3.7% in the third quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust’s stock valued at $60,228,000 after buying an additional 16,946 shares during the period. Vestmark Advisory Solutions Inc. lifted its holdings in Welltower by 120.3% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust’s stock valued at $1,817,000 after acquiring an additional 7,872 shares during the last quarter. Barclays PLC boosted its position in shares of Welltower by 29.2% during 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 purchasing an additional 380,888 shares in the last quarter. Park Avenue Securities LLC grew its stake in shares of Welltower by 20.1% in the 4th quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust’s stock worth $1,696,000 after purchasing an additional 2,250 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC raised its holdings in shares of Welltower by 17.3% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,936,954 shares of the real estate investment trust’s stock worth $244,114,000 after purchasing an additional 285,015 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Welltower Stock Up 1.1 %

Welltower stock opened at $149.78 on Thursday. Welltower Inc. has a twelve month low of $87.87 and a twelve month high of $158.55. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The firm has a market cap of $96.06 billion, a PE ratio of 96.01, a P/E/G ratio of 2.87 and a beta of 1.20. The firm’s 50 day moving average price is $144.88 and its two-hundred day moving average price is $135.23.

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, topping the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. On average, research analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were issued a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a yield of 1.79%. Welltower’s dividend payout ratio is currently 171.79%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on WELL. Wells Fargo & Company upped their price target on Welltower from $140.00 to $158.00 and gave the company an “equal weight” rating in a report on Monday, March 10th. Scotiabank lifted their target price on Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a report on Thursday, March 6th. Royal Bank of Canada raised Welltower from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $146.00 to $168.00 in a report on Friday, February 28th. Evercore ISI lifted their price target on Welltower from $144.00 to $145.00 and gave the stock an “in-line” rating in a research note on Tuesday, March 4th. Finally, Raymond James upped their price objective on shares of Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and an average price target of $156.46.

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.