YHB Investment Advisors Inc. Invests $319,000 in Welltower Inc. (NYSE:WELL)

YHB Investment Advisors Inc. acquired a new stake in shares of Welltower Inc. (NYSE:WELL - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,079 shares of the real estate investment trust's stock, valued at approximately $319,000.

Several other large investors have also modified their holdings of WELL. Harbor Capital Advisors Inc. purchased a new stake in Welltower during the first quarter valued at about $28,000. Franchise Capital Ltd acquired a new position in shares of Welltower in the 1st quarter valued at about $32,000. Capital Advisors Ltd. LLC lifted its stake in shares of Welltower by 57.2% in the 1st quarter. Capital Advisors Ltd. LLC now owns 294 shares of the real estate investment trust's stock valued at $45,000 after purchasing an additional 107 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of Welltower by 27.0% during the 1st quarter. Versant Capital Management Inc now owns 381 shares of the real estate investment trust's stock worth $58,000 after purchasing an additional 81 shares during the period. Finally, Opal Wealth Advisors LLC acquired a new stake in Welltower during the 1st quarter worth approximately $59,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on WELL. Royal Bank Of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and lifted their price target for the company from $146.00 to $168.00 in a research report on Friday, February 28th. Mizuho raised their target price on shares of Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. Wall Street Zen cut shares of Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Morgan Stanley increased their price target on Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a report on Tuesday, May 6th. Finally, Scotiabank raised their price objective on Welltower from $170.00 to $172.00 and gave the company a "sector outperform" rating in a research report on Monday. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Welltower presently has an average rating of "Moderate Buy" and a consensus price target of $163.75.

Welltower Stock Down 0.5%

Shares of Welltower stock traded down $0.79 during trading hours on Wednesday, hitting $153.46. 3,107,724 shares of the company's stock traded hands, compared to its average volume of 2,935,296. Welltower Inc. has a twelve month low of $100.13 and a twelve month high of $158.55. The company has a market cap of $100.36 billion, a PE ratio of 88.20, a PEG ratio of 1.79 and a beta of 0.94. The company has a quick ratio of 4.23, a current ratio of 4.23 and a debt-to-equity ratio of 0.46. The stock has a 50 day simple moving average of $150.11 and a 200-day simple moving average of $143.20.

Welltower (NYSE:WELL - Get Free Report) last issued 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 3.41% and a net margin of 12.65%. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter in the prior year, the business posted $1.01 earnings per share. Welltower's revenue for the quarter was up 30.3% on a year-over-year basis. Equities research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th were issued a $0.67 dividend. The ex-dividend date was Wednesday, May 14th. This represents a $2.68 annualized dividend and a yield of 1.75%. Welltower's dividend payout ratio is presently 154.02%.

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.