Welltower Inc. (NYSE:WELL) Shares Bought by Centaurus Financial Inc.

Centaurus Financial Inc. boosted its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 2,074.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,135 shares of the real estate investment trust's stock after buying an additional 16,347 shares during the period. Centaurus Financial Inc.'s holdings in Welltower were worth $2,159,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Vestmark Advisory Solutions Inc. boosted its stake 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 buying an additional 7,872 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake 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 buying an additional 128,090 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its stake 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 buying an additional 285,015 shares in the last quarter. Whipplewood Advisors LLC purchased a new stake in shares of Welltower in the fourth quarter valued at approximately $367,000. Finally, Groupama Asset Managment boosted its stake 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 buying an additional 1,891,847 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Analyst Ratings Changes

A number of research firms recently weighed in on WELL. Royal Bank of Canada upgraded 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 note on Friday, February 28th. Wedbush reiterated an "underperform" rating on shares of Welltower in a research report on Thursday, April 17th. Wall Street Zen downgraded Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Mizuho boosted their target price on Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Finally, Bank of America boosted their target price on Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a research report on Tuesday, February 18th. Two analysts have rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Welltower currently has a consensus rating of "Moderate Buy" and an average target price of $161.83.

Welltower Price Performance

Shares of NYSE WELL traded up $1.29 during trading on Friday, reaching $154.36. The company had a trading volume of 7,389,934 shares, compared to its average volume of 2,935,546. Welltower Inc. has a twelve month low of $100.13 and a twelve month high of $158.55. The stock has a market capitalization of $100.94 billion, a PE ratio of 98.95, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94. The stock has a 50-day moving average price of $147.90 and a two-hundred day moving average price of $141.24. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings results 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. Welltower had a return on equity of 3.15% and a net margin of 11.91%. The company had revenue of $2.42 billion during the quarter, compared to analysts' expectations of $2.40 billion. During the same period in the previous year, the firm posted $1.01 earnings per share. The business's revenue for the quarter was up 30.3% compared to the same quarter last year. As a group, sell-side analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

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 $0.67 dividend. The ex-dividend date was Wednesday, May 14th. This represents a $2.68 annualized dividend and a yield of 1.74%. Welltower's payout ratio is currently 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.