Comprehensive Money Management Services LLC Buys Shares of 4,276 Welltower Inc. (NYSE:WELL)

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

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vestmark Advisory Solutions Inc. lifted its holdings in shares of Welltower by 120.3% in 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. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Welltower by 30.7% during the 4th 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 last quarter. Cbre Investment Management Listed Real Assets LLC raised its holdings in Welltower by 17.3% during 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 buying an additional 285,015 shares during the last quarter. Whipplewood Advisors LLC bought a new position in shares of Welltower during the fourth quarter valued at about $367,000. Finally, Groupama Asset Managment raised its stake in 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 worth $2,183,000 after buying an additional 1,891,847 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Welltower Price Performance

Shares of NYSE:WELL traded up $1.29 during midday trading on Thursday, hitting $152.99. The company's stock had a trading volume of 2,720,379 shares, compared to its average volume of 2,912,573. The business's 50 day simple moving average is $147.73 and its 200 day simple moving average is $141.00. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The company has a market cap of $100.05 billion, a P/E ratio of 98.07, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94. Welltower Inc. has a 12-month low of $100.13 and a 12-month high of $158.55.

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 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 analysts' expectations of $2.40 billion. Welltower had a net margin of 11.91% and a return on equity of 3.15%. The business's quarterly revenue was up 30.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.01 earnings per share. On average, analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on WELL shares. Bank of America raised their target price on shares of Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. Mizuho lifted their price objective on Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. Wedbush reaffirmed an "underperform" rating on shares of Welltower in a research report on Thursday, April 17th. Royal Bank of Canada raised shares of 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 research report on Friday, February 28th. Finally, Morgan Stanley upped their price target on shares of Welltower from $155.00 to $160.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 6th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $161.83.

About Welltower

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.