Waterloo Capital L.P. Sells 1,007 Shares of Welltower Inc. (NYSE:WELL)

Waterloo Capital L.P. trimmed its position in shares of Welltower Inc. (NYSE:WELL) by 12.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,361 shares of the real estate investment trust’s stock after selling 1,007 shares during the quarter. Waterloo Capital L.P.’s holdings in Welltower were worth $928,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of WELL. HighTower Advisors LLC increased its holdings in Welltower by 30.4% during the 3rd quarter. HighTower Advisors LLC now owns 87,588 shares of the real estate investment trust’s stock valued at $11,232,000 after purchasing an additional 20,445 shares in the last quarter. Quantinno Capital Management LP grew its holdings in shares of Welltower by 11.9% during the third quarter. Quantinno Capital Management LP now owns 36,423 shares of the real estate investment trust’s stock worth $4,663,000 after purchasing an additional 3,872 shares during the last quarter. Stifel Financial Corp increased its stake in shares of Welltower by 13.9% in the third quarter. Stifel Financial Corp now owns 192,874 shares of the real estate investment trust’s stock valued at $24,694,000 after buying an additional 23,585 shares in the last quarter. National Bank of Canada FI raised its holdings in shares of Welltower by 43.2% in the third quarter. National Bank of Canada FI now owns 235,245 shares of the real estate investment trust’s stock valued at $30,118,000 after buying an additional 70,914 shares during the last quarter. Finally, Orion Portfolio Solutions LLC raised its holdings in shares of Welltower by 5.3% in the third quarter. Orion Portfolio Solutions LLC now owns 16,280 shares of the real estate investment trust’s stock valued at $2,084,000 after buying an additional 821 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Trading Down 6.0 %

NYSE:WELL opened at $143.26 on Monday. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $158.55. The firm has a market capitalization of $92.89 billion, a price-to-earnings ratio of 91.83, a PEG ratio of 2.87 and a beta of 0.93. The business’s 50-day moving average price is $147.64 and its two-hundred day moving average price is $136.41.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 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%. On average, equities analysts expect that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The company 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. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.87%. Welltower’s dividend payout ratio is 171.79%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Evercore ISI raised their price objective on shares of Welltower from $144.00 to $145.00 and gave the company an “in-line” rating in a research report on Tuesday, March 4th. Mizuho raised their price target on shares of Welltower from $141.00 to $170.00 and gave the company an “outperform” rating in a report on Tuesday, March 18th. Raymond James upped their price objective on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. Wedbush raised Welltower from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $145.00 to $167.00 in a research note on Friday, February 14th. Finally, Wells Fargo & Company boosted their target price on Welltower from $140.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $156.46.

Welltower 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.