31,600 Shares in Welltower Inc. (NYSE:WELL) Purchased by Generali Investments CEE investicni spolecnost a.s.

Generali Investments CEE investicni spolecnost a.s. bought a new stake in Welltower Inc. (NYSE:WELL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 31,600 shares of the real estate investment trust’s stock, valued at approximately $3,983,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Roxbury Financial LLC acquired a new position in Welltower in the 4th quarter valued at about $26,000. Laurel Wealth Advisors LLC purchased a new position in shares of Welltower during the 4th quarter valued at approximately $25,000. Sierra Ocean LLC purchased a new position in shares of Welltower during the 4th quarter valued at approximately $28,000. Versant Capital Management Inc boosted its stake in shares of Welltower by 165.5% during the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 187 shares during the last quarter. Finally, Ashton Thomas Securities LLC purchased a new position in shares of Welltower during the 3rd quarter valued at approximately $50,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Price Performance

Shares of NYSE WELL opened at $147.22 on Friday. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $158.55. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. The business’s fifty day moving average price is $138.99 and its two-hundred day moving average price is $132.63. The firm has a market capitalization of $94.41 billion, a PE ratio of 94.37, a P/E/G ratio of 2.87 and a beta of 1.20.

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

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend was Tuesday, February 25th. Welltower’s dividend payout ratio is presently 171.79%.

Analyst Upgrades and Downgrades

WELL has been the subject of several research analyst reports. Wedbush upgraded Welltower from a “neutral” rating to an “outperform” rating and increased their target price for the company from $145.00 to $167.00 in a research note on Friday, February 14th. Mizuho increased their target price on Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Bank of America increased their target price on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research note on Tuesday, February 18th. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and increased their target price for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd. Finally, Royal Bank of Canada upgraded Welltower from a “sector perform” rating to an “outperform” rating and increased their target price for the company from $146.00 to $168.00 in a research note on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $148.42.

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.