UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $961.95 Million Stock Holdings in Welltower Inc. (NYSE:WELL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Welltower Inc. (NYSE:WELL - Free Report) by 10.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,632,705 shares of the real estate investment trust's stock after purchasing an additional 712,279 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 1.23% of Welltower worth $961,950,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in Welltower by 2.7% in 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 acquiring an additional 2,612,044 shares in the last quarter. Capital International Investors lifted its holdings in shares of Welltower by 0.9% in the 4th quarter. Capital International Investors now owns 37,096,408 shares of the real estate investment trust's stock worth $4,674,826,000 after purchasing an additional 318,496 shares in the last quarter. Norges Bank acquired a new stake in Welltower in the 4th quarter valued at $3,943,892,000. Bank of America Corp DE increased its stake in Welltower by 9.7% during the 4th quarter. Bank of America Corp DE now owns 18,706,788 shares of the real estate investment trust's stock valued at $2,357,617,000 after purchasing an additional 1,652,611 shares in the last quarter. Finally, FMR LLC raised its holdings in Welltower by 9.4% during the fourth quarter. FMR LLC now owns 15,782,795 shares of the real estate investment trust's stock worth $1,989,106,000 after buying an additional 1,354,231 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on WELL shares. StockNews.com lowered Welltower from a "hold" rating to a "sell" rating in a report on Thursday, May 8th. Morgan Stanley raised their price objective on Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a research note on Tuesday, May 6th. Scotiabank upped their target price on shares of Welltower from $165.00 to $166.00 and gave the stock a "sector outperform" rating in a research note on Thursday, March 6th. Royal Bank of Canada upgraded shares of Welltower from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from $146.00 to $168.00 in a report on Friday, February 28th. Finally, Wedbush restated an "underperform" rating on shares of Welltower in a research note on Thursday, April 17th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Welltower currently has an average rating of "Moderate Buy" and an average target price of $161.83.

Welltower Stock Performance

Shares of WELL opened at $150.54 on Tuesday. Welltower Inc. has a 52-week low of $99.77 and a 52-week high of $158.55. The stock's 50-day simple moving average is $147.51 and its 200 day simple moving average is $140.38. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The stock has a market capitalization of $98.45 billion, a price-to-earnings ratio of 96.50, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94.

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 analysts' consensus estimates of $1.15 by $0.05. The firm 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 company's revenue for the quarter was up 30.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.01 earnings per share. Research analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.78%. The ex-dividend date is Wednesday, May 14th. Welltower's dividend payout ratio is 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.

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