1,803 Shares in Welltower Inc. (NYSE:WELL) Purchased by Foster Group Inc.

Foster Group Inc. bought a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,803 shares of the real estate investment trust's stock, valued at approximately $276,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vestmark Advisory Solutions Inc. grew its stake in Welltower by 120.3% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust's stock valued at $1,817,000 after acquiring an additional 7,872 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Welltower by 30.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 544,838 shares of the real estate investment trust's stock valued at $68,666,000 after purchasing an additional 128,090 shares during the period. Cbre Investment Management Listed Real Assets LLC grew its position in shares of Welltower by 17.3% in the fourth 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 during the period. Whipplewood Advisors LLC acquired a new stake in shares of Welltower in the fourth quarter valued at about $367,000. Finally, Groupama Asset Managment grew its position in shares of Welltower by 23,204.3% in the fourth quarter. Groupama Asset Managment now owns 1,900,000 shares of the real estate investment trust's stock valued at $2,183,000 after purchasing an additional 1,891,847 shares during the period. Institutional investors and hedge funds own 94.80% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on WELL. Wall Street Zen lowered Welltower from a "hold" rating to a "sell" rating in a research note on Thursday, May 8th. Royal Bank of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and lifted their target price for the stock from $146.00 to $168.00 in a research note on Friday, February 28th. Wells Fargo & Company lifted their target price on shares of Welltower from $158.00 to $175.00 and gave the stock an "overweight" rating in a research note on Monday, June 2nd. Wedbush reaffirmed an "underperform" rating on shares of Welltower in a research note on Thursday, April 17th. Finally, Scotiabank boosted their price target on shares of Welltower from $165.00 to $166.00 and gave the stock a "sector outperform" rating in a research report on Thursday, March 6th. Two analysts have rated the stock with a sell rating, one has given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $163.25.

Welltower Stock Performance

Shares of WELL stock opened at $154.44 on Friday. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. Welltower Inc. has a 52 week low of $100.13 and a 52 week high of $158.55. The stock has a market capitalization of $101.00 billion, a PE ratio of 99.00, a P/E/G ratio of 2.87 and a beta of 0.94. The firm has a 50 day moving average of $148.04 and a two-hundred day moving average of $141.83.

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

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend was Wednesday, May 14th. Welltower's payout ratio is 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.

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