44,225 Shares in Welltower Inc. (NYSE:WELL) Acquired by FFG Partners LLC

FFG Partners LLC acquired a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 44,225 shares of the real estate investment trust's stock, valued at approximately $6,776,000. Welltower accounts for 2.8% of FFG Partners LLC's portfolio, making the stock its 14th biggest position.

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

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on WELL shares. Wall Street Zen lowered Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Scotiabank lifted their price objective on shares of Welltower from $170.00 to $172.00 and gave the company a "sector outperform" rating in a research note on Monday. Morgan Stanley increased their target price 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. Mizuho boosted their price target on shares of Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Finally, Wells Fargo & Company upped their price target on shares of Welltower from $158.00 to $175.00 and gave the stock an "overweight" rating in a research note on Monday, June 2nd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $163.75.

Welltower Trading Down 0.5%

Shares of NYSE:WELL traded down $0.79 during midday trading on Wednesday, reaching $153.46. The company had a trading volume of 3,107,724 shares, compared to its average volume of 2,935,296. The company has a fifty day simple moving average of $150.11 and a two-hundred day simple moving average of $143.20. The firm has a market cap of $100.36 billion, a price-to-earnings ratio of 88.20, a price-to-earnings-growth ratio of 1.79 and a beta of 0.94. 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 quick ratio of 4.23 and a current ratio of 4.23.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. Welltower had a net margin of 12.65% and a return on equity of 3.41%. The business's quarterly revenue was up 30.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.01 earnings per share. Research 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. Stockholders of record on Wednesday, May 14th were given a $0.67 dividend. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $2.68 annualized dividend and a dividend yield of 1.75%. Welltower's dividend payout ratio (DPR) 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.