615 Shares in Welltower Inc. (NYSE:WELL) Bought by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. purchased a new stake in shares of Welltower Inc. (NYSE:WELL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 615 shares of the real estate investment trust’s stock, valued at approximately $77,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Townsquare Capital LLC lifted its holdings in shares of Welltower by 73.0% during the 3rd quarter. Townsquare Capital LLC now owns 5,446 shares of the real estate investment trust’s stock valued at $697,000 after acquiring an additional 2,298 shares in the last quarter. Glenmede Trust Co. NA lifted its stake in shares of Welltower by 8.8% during the third quarter. Glenmede Trust Co. NA now owns 6,702 shares of the real estate investment trust’s stock worth $858,000 after purchasing an additional 543 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Welltower by 6.8% in the third quarter. Rockefeller Capital Management L.P. now owns 70,276 shares of the real estate investment trust’s stock worth $8,988,000 after buying an additional 4,470 shares during the period. Caisse DE Depot ET Placement DU Quebec acquired a new stake in shares of Welltower in the third quarter valued at about $15,364,000. Finally, Erste Asset Management GmbH purchased a new stake in shares of Welltower during the 3rd quarter valued at about $3,462,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WELL has been the subject of several recent research reports. Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $145.00 to $167.00 in a research report on Friday, February 14th. Wells Fargo & Company boosted their price objective on shares of Welltower from $140.00 to $158.00 and gave the stock an “equal weight” rating in a report on Monday, March 10th. StockNews.com downgraded Welltower from a “hold” rating to a “sell” rating in a research note on Wednesday, March 26th. Mizuho boosted their price target on Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. Finally, Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and increased their price target for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $156.46.

Welltower Trading Up 2.3 %

Shares of Welltower stock opened at $153.39 on Monday. The business has a fifty day simple moving average of $145.78 and a 200-day simple moving average of $135.61. The firm has a market cap of $98.37 billion, a price-to-earnings ratio of 98.33, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20. Welltower Inc. has a fifty-two week low of $87.87 and a fifty-two week high of $158.55. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48.

Welltower (NYSE:WELL) last posted 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, equities analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

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 dividend of $0.67 per share. 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 1.75%. Welltower’s payout ratio is presently 171.79%.

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.