Welltower Inc. (NYSE:WELL) Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in Welltower Inc. (NYSE:WELL - Free Report) by 14.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 41,657 shares of the real estate investment trust's stock after purchasing an additional 5,234 shares during the quarter. Quantinno Capital Management LP's holdings in Welltower were worth $5,250,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of WELL. Norges Bank bought a new stake in shares of Welltower during the 4th quarter worth approximately $3,943,892,000. Northern Trust Corp increased its stake in Welltower by 53.5% in the fourth quarter. Northern Trust Corp now owns 8,430,496 shares of the real estate investment trust's stock worth $1,062,495,000 after purchasing an additional 2,939,229 shares during the period. Vanguard Group Inc. lifted its position in shares of Welltower by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 98,295,258 shares of the real estate investment trust's stock worth $12,388,151,000 after purchasing an additional 2,612,044 shares during the last quarter. Groupama Asset Managment boosted its stake in shares of Welltower by 23,204.3% during 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 purchasing an additional 1,891,847 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Welltower by 9.7% in the fourth quarter. Bank of America Corp DE now owns 18,706,788 shares of the real estate investment trust's stock worth $2,357,617,000 after purchasing an additional 1,652,611 shares during the last quarter. Institutional investors own 94.80% of the company's stock.

Welltower Stock Down 1.9%

Shares of NYSE WELL traded down $2.86 during trading hours on Wednesday, hitting $148.36. 2,154,109 shares of the stock were exchanged, compared to its average volume of 2,905,147. The company has a market cap of $97.02 billion, a PE ratio of 95.10, a PEG ratio of 2.87 and a beta of 0.94. Welltower Inc. has a 12 month low of $99.77 and a 12 month high of $158.55. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. The firm has a fifty day moving average price of $147.61 and a 200-day moving average price of $140.46.

Welltower (NYSE:WELL - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, beating the consensus estimate of $1.15 by $0.05. Welltower had a return on equity of 3.15% and a net margin of 11.91%. The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same quarter in the prior year, the business posted $1.01 EPS. The business's revenue for the quarter was up 30.3% compared to the same quarter last year. On average, sell-side analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 14th will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.81%. The ex-dividend date is Wednesday, May 14th. Welltower's dividend payout ratio is presently 154.02%.

Analyst Upgrades and Downgrades

WELL has been the subject of a number of research analyst reports. Royal Bank of Canada upgraded shares of Welltower from a "sector perform" rating to an "outperform" rating and lifted their price objective for the company from $146.00 to $168.00 in a report on Friday, February 28th. Evercore ISI boosted their price target on Welltower from $145.00 to $157.00 and gave the company an "in-line" rating in a report on Thursday, May 1st. Wedbush restated an "underperform" rating on shares of Welltower in a report on Thursday, April 17th. Mizuho lifted their target price on Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. Finally, Bank of America increased their price target on Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a research report on Tuesday, February 18th. 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 given a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average 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.