IFM Investors Pty Ltd Has $40.50 Million Stock Holdings in Welltower Inc. (NYSE:WELL)

IFM Investors Pty Ltd grew its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 2.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 264,368 shares of the real estate investment trust's stock after acquiring an additional 6,604 shares during the quarter. IFM Investors Pty Ltd's holdings in Welltower were worth $40,504,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of WELL. GF Fund Management CO. LTD. boosted its stake in shares of Welltower by 4.9% during the 1st quarter. GF Fund Management CO. LTD. now owns 11,794 shares of the real estate investment trust's stock valued at $1,807,000 after buying an additional 555 shares during the last quarter. Calamos Advisors LLC raised its stake in shares of Welltower by 1.1% during the first quarter. Calamos Advisors LLC now owns 118,271 shares of the real estate investment trust's stock valued at $18,120,000 after purchasing an additional 1,317 shares in the last quarter. Conning Inc. raised its position in Welltower by 4.6% in the first quarter. Conning Inc. now owns 3,428 shares of the real estate investment trust's stock worth $525,000 after acquiring an additional 151 shares in the last quarter. Onyx Bridge Wealth Group LLC bought a new stake in Welltower in the first quarter worth about $228,000. Finally, Checchi Capital Advisers LLC increased its stake in Welltower by 19.5% in the 1st quarter. Checchi Capital Advisers LLC now owns 11,003 shares of the real estate investment trust's stock worth $1,686,000 after purchasing an additional 1,797 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Welltower Stock Performance

Shares of WELL traded up $1.34 on Monday, reaching $154.11. 2,764,253 shares of the stock traded hands, compared to its average volume of 2,921,147. The firm has a market cap of $100.78 billion, a price-to-earnings ratio of 88.57, a P/E/G ratio of 1.78 and a beta of 0.92. The company has a debt-to-equity ratio of 0.46, a current ratio of 4.23 and a quick ratio of 4.23. Welltower Inc. has a 12 month low of $102.92 and a 12 month high of $158.55. The stock's 50-day moving average price is $151.06 and its 200-day moving average price is $144.68.

Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings results 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. Welltower had a return on equity of 3.41% and a net margin of 12.65%. The firm had revenue of $2.42 billion for the quarter, compared to analysts' expectations of $2.40 billion. During the same period in the prior year, the business posted $1.01 earnings per share. The business's revenue was up 30.3% compared to the same quarter last year. Equities analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal 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 issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.74%. The ex-dividend date was Wednesday, May 14th. Welltower's payout ratio is presently 154.02%.

Insider Activity at Welltower

In other Welltower news, Director Andrew Gundlach bought 20,000 shares of the firm's stock in a transaction dated Monday, June 30th. The shares were bought at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the completion of the acquisition, the director owned 20,000 shares of the company's stock, valued at approximately $3,029,200. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.21% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Morgan Stanley lifted their target price on Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a research note on Tuesday, May 6th. Mizuho lifted their price target on Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. Wall Street Zen lowered Welltower from a "hold" rating to a "sell" rating in a report on Thursday, May 8th. Evercore ISI boosted their target price on Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a report on Thursday, May 1st. Finally, Wedbush restated an "underperform" rating on shares of Welltower in a report on Thursday, April 17th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Welltower currently has an average rating of "Moderate Buy" and a consensus target price of $168.18.

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.