Alyeska Investment Group L.P. Purchases 454,145 Shares of Welltower Inc. (NYSE:WELL)

Alyeska Investment Group L.P. lifted its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 355.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 581,839 shares of the real estate investment trust's stock after purchasing an additional 454,145 shares during the period. Alyeska Investment Group L.P. owned about 0.09% of Welltower worth $73,329,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in WELL. Mather Group LLC. raised its position in Welltower by 3.8% in the fourth quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust's stock worth $259,000 after acquiring an additional 75 shares during the period. Childress Capital Advisors LLC increased its stake in shares of Welltower by 3.7% in the 4th quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust's stock worth $271,000 after purchasing an additional 76 shares in the last quarter. Woodmont Investment Counsel LLC raised its holdings in Welltower by 3.8% in the 4th quarter. Woodmont Investment Counsel LLC now owns 2,213 shares of the real estate investment trust's stock worth $279,000 after purchasing an additional 81 shares during the period. Wealthspire Advisors LLC lifted its position in Welltower by 2.5% during the fourth quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust's stock valued at $435,000 after purchasing an additional 83 shares in the last quarter. Finally, Graypoint LLC grew its holdings in Welltower by 2.5% during the fourth quarter. Graypoint LLC now owns 3,427 shares of the real estate investment trust's stock valued at $432,000 after purchasing an additional 84 shares during the period. Hedge funds and other institutional investors own 94.80% of the company's stock.

Welltower Price Performance

Shares of Welltower stock opened at $150.48 on Friday. 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 12 month low of $94.66 and a 12 month high of $158.55. The stock has a 50 day moving average of $148.06 and a 200 day moving average of $139.08. The firm has a market cap of $98.04 billion, a PE ratio of 96.46, a PEG ratio of 2.87 and a beta of 0.93.

Welltower (NYSE:WELL - Get Free Report) last posted its earnings results on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $0.05. The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. Welltower had a net margin of 11.91% and a return on equity of 3.15%. Welltower's revenue for the quarter was up 30.3% compared to the same quarter last year. During the same period last year, the firm posted $1.01 earnings per share. On average, research analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th will be given a $0.67 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $2.68 annualized dividend and a yield of 1.78%. Welltower's dividend payout ratio is currently 171.79%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Mizuho raised their price objective on Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Wells Fargo & Company reaffirmed an "equal weight" rating on shares of Welltower in a report on Thursday, April 17th. StockNews.com lowered shares of Welltower from a "hold" rating to a "sell" rating in a research report on Wednesday. Wedbush restated an "underperform" rating on shares of Welltower in a research report on Thursday, April 17th. Finally, Bank of America lifted their target price on shares of Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $157.46.

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.

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