Asset Management One Co. Ltd. Purchases 47,753 Shares of Welltower Inc. (NYSE:WELL)

Asset Management One Co. Ltd. raised its position in Welltower Inc. (NYSE:WELL - Free Report) by 4.2% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 1,191,416 shares of the real estate investment trust's stock after acquiring an additional 47,753 shares during the period. Welltower makes up about 0.6% of Asset Management One Co. Ltd.'s holdings, making the stock its 28th largest position. Asset Management One Co. Ltd. owned 0.18% of Welltower worth $182,537,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Geller Advisors LLC increased its holdings in Welltower by 3.7% during the 4th quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust's stock worth $241,000 after purchasing an additional 69 shares in the last quarter. Good Life Advisors LLC grew its holdings in Welltower by 1.2% during the first quarter. Good Life Advisors LLC now owns 5,744 shares of the real estate investment trust's stock worth $880,000 after buying an additional 69 shares in the last quarter. Sivia Capital Partners LLC raised its position in Welltower by 4.3% in the 1st quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust's stock valued at $273,000 after buying an additional 73 shares during the last quarter. Premier Path Wealth Partners LLC lifted its stake in Welltower by 1.8% during the 1st quarter. Premier Path Wealth Partners LLC now owns 4,427 shares of the real estate investment trust's stock valued at $678,000 after acquiring an additional 77 shares in the last quarter. Finally, CVA Family Office LLC lifted its stake in Welltower by 12.3% during the 1st quarter. CVA Family Office LLC now owns 733 shares of the real estate investment trust's stock valued at $112,000 after acquiring an additional 80 shares in the last quarter. Institutional investors own 94.80% of the company's stock.

Welltower Stock Performance

Shares of WELL opened at $154.05 on Tuesday. Welltower Inc. has a 1 year low of $100.13 and a 1 year high of $158.55. The company has a debt-to-equity ratio of 0.46, a current ratio of 4.23 and a quick ratio of 4.23. The stock's fifty day moving average price is $149.96 and its two-hundred day moving average price is $143.12. The firm has a market cap of $100.74 billion, a PE ratio of 88.53, a PEG ratio of 1.76 and a beta of 0.94.

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, topping the consensus estimate of $1.15 by $0.05. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. Welltower had a return on equity of 3.41% and a net margin of 12.65%. The firm's revenue for the quarter was up 30.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.01 EPS. On average, equities research analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 1.74%. The ex-dividend date was Wednesday, May 14th. Welltower's dividend payout ratio (DPR) is presently 154.02%.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Wall Street Zen downgraded shares of Welltower from a "hold" rating to a "sell" rating in a report on Thursday, May 8th. Wedbush reiterated an "underperform" rating on shares of Welltower in a research note on Thursday, April 17th. Evercore ISI boosted their target price on Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a research note on Thursday, May 1st. Wells Fargo & Company increased their price target on Welltower from $158.00 to $175.00 and gave the company an "overweight" rating in a research report on Monday, June 2nd. Finally, Scotiabank boosted their price objective on Welltower from $170.00 to $172.00 and gave the stock 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 assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $163.75.

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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