Retireful LLC Takes Position in Welltower Inc. (NYSE:WELL)

Retireful LLC bought a new stake in shares of Welltower Inc. (NYSE:WELL - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,498 shares of the real estate investment trust's stock, valued at approximately $383,000.

Several other large investors also recently added to or reduced their stakes in WELL. Vestmark Advisory Solutions Inc. boosted its position in shares of Welltower by 120.3% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust's stock worth $1,817,000 after acquiring an additional 7,872 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Welltower by 30.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 544,838 shares of the real estate investment trust's stock worth $68,666,000 after acquiring an additional 128,090 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its position in shares of Welltower by 17.3% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,936,954 shares of the real estate investment trust's stock worth $244,114,000 after acquiring an additional 285,015 shares during the last quarter. Whipplewood Advisors LLC bought a new position in shares of Welltower during the fourth quarter worth $367,000. Finally, Groupama Asset Managment boosted its position 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 worth $2,183,000 after acquiring an additional 1,891,847 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors.

Welltower Trading Up 0.6%

WELL stock traded up $0.88 during trading on Thursday, hitting $152.93. The company had a trading volume of 2,557,333 shares, compared to its average volume of 2,916,615. The firm has a market capitalization of $100.01 billion, a P/E ratio of 98.03, a PEG ratio of 2.87 and a beta of 0.94. Welltower Inc. has a 52-week low of $100.13 and a 52-week high of $158.55. The company has a 50 day simple moving average of $148.03 and a 200-day simple moving average of $141.61. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, topping the consensus estimate of $1.15 by $0.05. The company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.40 billion. Welltower had a net margin of 11.91% and a return on equity of 3.15%. The firm's revenue was up 30.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.01 EPS. As a group, research analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 14th were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.75%. The ex-dividend date was Wednesday, May 14th. Welltower's payout ratio is 154.02%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Mizuho upped their price target on shares of Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. Wells Fargo & Company upped their price target on shares of Welltower from $158.00 to $175.00 and gave the company an "overweight" rating in a research note on Monday. Evercore ISI upped their price target on shares of Welltower from $145.00 to $157.00 and gave the company an "in-line" rating in a research note on Thursday, May 1st. Wedbush reaffirmed an "underperform" rating on shares of Welltower in a research note on Thursday, April 17th. Finally, Bank of America increased their target price on shares of Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $163.25.

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.