Transform Wealth LLC Buys 12,572 Shares of Welltower Inc. (NYSE:WELL)

Transform Wealth LLC grew its stake in shares of Welltower Inc. (NYSE:WELL) by 14.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 102,650 shares of the real estate investment trust’s stock after buying an additional 12,572 shares during the quarter. Transform Wealth LLC’s holdings in Welltower were worth $12,937,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of WELL. Laurel Wealth Advisors LLC bought a new position in Welltower in the 4th quarter valued at approximately $25,000. Fortitude Family Office LLC lifted its holdings in shares of Welltower by 37.0% during the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 78 shares during the period. Versant Capital Management Inc grew its stake in shares of Welltower by 165.5% in the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 187 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in Welltower in the third quarter valued at $50,000. Finally, FSA Wealth Management LLC bought a new position in Welltower during the 3rd quarter worth $59,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Performance

NYSE WELL opened at $129.47 on Tuesday. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51. Welltower Inc. has a 12-month low of $85.40 and a 12-month high of $140.75. The company has a market cap of $80.62 billion, a P/E ratio of 85.18, a PEG ratio of 2.61 and a beta of 1.22. The company has a fifty day simple moving average of $130.27 and a 200 day simple moving average of $124.72.

Welltower (NYSE:WELL) last announced its earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.31). The company had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.95 billion. Welltower had a net margin of 12.22% and a return on equity of 3.20%. The firm’s quarterly revenue was up 23.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.92 EPS. Sell-side analysts predict that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Wednesday, November 13th were issued a $0.67 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $2.68 annualized dividend and a dividend yield of 2.07%. Welltower’s dividend payout ratio is currently 176.32%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on WELL shares. Wells Fargo & Company reissued an “equal weight” rating and issued a $135.00 price target (up previously from $134.00) on shares of Welltower in a research note on Tuesday, October 1st. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and upped their price objective for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd. Scotiabank boosted their target price on shares of Welltower from $133.00 to $142.00 and gave the company a “sector outperform” rating in a report on Monday, November 25th. Mizuho increased their price target on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Finally, Raymond James boosted their price objective on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $127.63.

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.