4,276 Shares in Welltower Inc. (NYSE:WELL) Bought by Comprehensive Money Management Services LLC

Comprehensive Money Management Services LLC bought a new stake in Welltower Inc. (NYSE:WELL - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,276 shares of the real estate investment trust's stock, valued at approximately $539,000.

Several other large investors have also recently bought and sold shares of WELL. Norges Bank acquired a new position in Welltower in the fourth quarter valued at $3,943,892,000. Northern Trust Corp boosted its stake in Welltower by 53.5% in the fourth quarter. Northern Trust Corp now owns 8,430,496 shares of the real estate investment trust's stock valued at $1,062,495,000 after acquiring an additional 2,939,229 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Welltower by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 98,295,258 shares of the real estate investment trust's stock worth $12,388,151,000 after buying an additional 2,612,044 shares during the period. Groupama Asset Managment boosted its stake in shares of Welltower by 23,204.3% during the fourth quarter. Groupama Asset Managment now owns 1,900,000 shares of the real estate investment trust's stock worth $2,183,000 after buying an additional 1,891,847 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of Welltower by 9.7% during the fourth quarter. Bank of America Corp DE now owns 18,706,788 shares of the real estate investment trust's stock worth $2,357,617,000 after buying an additional 1,652,611 shares during the period. Hedge funds and other institutional investors own 94.80% of the company's stock.

Wall Street Analyst Weigh In

WELL has been the subject of several recent research reports. Wedbush reiterated an "underperform" rating on shares of Welltower in a research note on Thursday, April 17th. Bank of America raised their price objective 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 restated an "equal weight" rating on shares of Welltower in a research report on Thursday, April 17th. Morgan Stanley raised their price objective on shares of Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a research report on Tuesday, May 6th. Finally, Royal Bank of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and increased their target price for the company from $146.00 to $168.00 in a report on Friday, February 28th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $161.83.

Welltower Price Performance

Shares of WELL traded up $1.29 during mid-day trading on Friday, reaching $154.36. 7,389,934 shares of the company's stock were exchanged, compared to its average volume of 2,935,444. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. The company has a 50-day simple moving average of $147.90 and a two-hundred day simple moving average of $141.24. Welltower Inc. has a 52-week low of $100.13 and a 52-week high of $158.55. The company has a market cap of $100.94 billion, a price-to-earnings ratio of 98.95, a PEG ratio of 2.87 and a beta of 0.94.

Welltower (NYSE:WELL - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share for the quarter, topping analysts' consensus estimates 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 net margin of 11.91% and a return on equity of 3.15%. The company's revenue was up 30.3% on a year-over-year basis. During the same period last year, the company posted $1.01 EPS. On average, sell-side analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $2.68 annualized dividend and a dividend yield of 1.74%. 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.