Boston Family Office LLC Raises Stake in Welltower Inc. (NYSE:WELL)

Boston Family Office LLC grew its stake in Welltower Inc. (NYSE:WELL) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,635 shares of the real estate investment trust’s stock after acquiring an additional 418 shares during the quarter. Boston Family Office LLC’s holdings in Welltower were worth $3,357,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Roxbury Financial LLC acquired a new position in Welltower in the fourth quarter valued at approximately $26,000. Laurel Wealth Advisors LLC acquired a new position in shares of Welltower in the 4th quarter valued at $25,000. Sierra Ocean LLC purchased a new position in shares of Welltower during the 4th quarter worth $28,000. Versant Capital Management Inc increased its position 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 worth $38,000 after purchasing an additional 187 shares during the last quarter. Finally, First Command Advisory Services Inc. purchased a new stake in Welltower in the 4th quarter valued at about $50,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on WELL shares. Bank of America lifted their price target on shares of Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Wells Fargo & Company boosted their target price on Welltower from $140.00 to $158.00 and gave the company an “equal weight” rating in a research report on Monday, March 10th. StockNews.com lowered Welltower from a “hold” rating to a “sell” rating in a research report on Wednesday, March 26th. Raymond James boosted their price objective on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a report on Monday, December 16th. Finally, Wedbush upgraded Welltower from a “neutral” rating to an “outperform” rating and raised their target price for the company from $145.00 to $167.00 in a report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $156.46.

Welltower Stock Down 0.1 %

Shares of NYSE WELL opened at $153.24 on Tuesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. Welltower Inc. has a 1 year low of $87.87 and a 1 year high of $158.55. The company has a market capitalization of $98.27 billion, a price-to-earnings ratio of 98.23, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20. The business has a 50-day moving average of $146.26 and a two-hundred day moving average of $135.79.

Welltower (NYSE:WELL) last posted its 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 net margin of 11.91% and a return on equity of 3.15%. On average, analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The company 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 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 currently 171.79%.

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.