Siemens Fonds Invest GmbH Acquires 9,183 Shares of Welltower Inc. (NYSE:WELL)

Siemens Fonds Invest GmbH lifted its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 120.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,827 shares of the real estate investment trust's stock after purchasing an additional 9,183 shares during the period. Siemens Fonds Invest GmbH's holdings in Welltower were worth $2,102,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in WELL. Roxbury Financial LLC acquired a new position in shares of Welltower in the fourth quarter worth approximately $26,000. Sierra Ocean LLC acquired a new position in shares of Welltower in the fourth quarter worth approximately $28,000. First Command Advisory Services Inc. acquired a new position in shares of Welltower in the fourth quarter worth approximately $50,000. Cape Investment Advisory Inc. acquired a new position in shares of Welltower in the fourth quarter worth approximately $53,000. Finally, Ameriflex Group Inc. acquired a new position in Welltower in the fourth quarter valued at approximately $69,000. 94.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

WELL has been the topic of several recent analyst reports. Wall Street Zen lowered Welltower from a "hold" rating to a "sell" rating in a research note on Thursday, May 8th. Scotiabank boosted their price target on Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a research note on Thursday, March 6th. Bank of America boosted their price target on Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. Wells Fargo & Company reissued an "equal weight" rating on shares of Welltower in a research note on Thursday, April 17th. Finally, Mizuho boosted their price target on Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $161.83.

Welltower Stock Up 0.8%

Shares of NYSE WELL traded up $1.29 during midday trading on Friday, hitting $154.36. 7,389,934 shares of the stock traded hands, compared to its average volume of 2,935,546. The company has a market cap of $100.94 billion, a PE ratio of 98.95, a P/E/G ratio of 2.87 and a beta of 0.94. Welltower Inc. has a one year low of $100.13 and a one year high of $158.55. The business has a 50 day moving average price of $147.78 and a two-hundred day moving average price of $141.11. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22.

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 (EPS) for the quarter, topping 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 business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter in the prior year, the company posted $1.01 earnings per share. Welltower's revenue was up 30.3% compared to the same quarter last year. On average, equities analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $2.68 annualized dividend and a yield of 1.74%. Welltower's dividend payout ratio (DPR) 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.