Deutsche Bank AG Acquires 254,556 Shares of Welltower Inc. (NYSE:WELL)

Deutsche Bank AG lifted its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,003,103 shares of the real estate investment trust's stock after acquiring an additional 254,556 shares during the quarter. Deutsche Bank AG owned approximately 0.80% of Welltower worth $630,541,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vestmark Advisory Solutions Inc. raised its stake in Welltower by 120.3% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust's stock valued at $1,817,000 after purchasing an additional 7,872 shares in the last quarter. Barclays PLC grew its stake in Welltower by 29.2% in the 3rd quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust's stock worth $215,659,000 after acquiring an additional 380,888 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Welltower by 30.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 544,838 shares of the real estate investment trust's stock worth $68,666,000 after acquiring an additional 128,090 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in shares of Welltower by 20.1% in the 4th quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust's stock worth $1,696,000 after buying an additional 2,250 shares during the period. Finally, Cbre Investment Management Listed Real Assets LLC raised its holdings in shares of Welltower by 17.3% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,936,954 shares of the real estate investment trust's stock valued at $244,114,000 after purchasing an additional 285,015 shares in the last quarter. Institutional investors own 94.80% of the company's stock.

Wall Street Analysts Forecast Growth

WELL has been the subject of a number of recent analyst reports. Wedbush reissued an "underperform" rating on shares of Welltower in a research report on Thursday, April 17th. Evercore ISI raised their target price on shares of Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a report on Thursday, May 1st. StockNews.com downgraded shares of Welltower from a "hold" rating to a "sell" rating in a report on Thursday. Royal Bank of Canada raised Welltower from a "sector perform" rating to an "outperform" rating and upped their price target for the stock from $146.00 to $168.00 in a report on Friday, February 28th. Finally, Scotiabank lifted their price objective on Welltower from $165.00 to $166.00 and gave the stock a "sector outperform" rating in a report on Thursday, March 6th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Welltower has a consensus rating of "Moderate Buy" and an average price target of $161.83.

Welltower Trading Down 2.5%

Shares of NYSE:WELL traded down $3.72 during trading on Monday, hitting $145.46. 3,227,151 shares of the company's stock were exchanged, compared to its average volume of 2,896,733. Welltower Inc. has a 1-year low of $98.36 and a 1-year high of $158.55. The firm has a 50-day moving average price of $147.74 and a two-hundred day moving average price of $139.86. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. The firm has a market cap of $95.12 billion, a P/E ratio of 93.24, a PEG ratio of 2.87 and a beta of 0.94.

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

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.84%. Welltower's payout ratio is presently 154.02%.

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.