UMB Bank n.a. Has $34.12 Million Stake in Welltower Inc. (NYSE:WELL)

UMB Bank n.a. raised its stake in Welltower Inc. (NYSE:WELL - Free Report) by 1.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 222,695 shares of the real estate investment trust's stock after purchasing an additional 2,657 shares during the quarter. UMB Bank n.a.'s holdings in Welltower were worth $34,119,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. 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 valued at $12,388,151,000 after purchasing an additional 2,612,044 shares in the last quarter. Capital International Investors increased its position in shares of Welltower by 0.9% during the fourth quarter. Capital International Investors now owns 37,096,408 shares of the real estate investment trust's stock valued at $4,674,826,000 after acquiring an additional 318,496 shares during the last quarter. Norges Bank bought a new stake in Welltower during the fourth quarter worth $3,943,892,000. Bank of America Corp DE boosted its position in 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. Finally, FMR LLC increased its position in shares of Welltower by 9.4% during the 4th quarter. FMR LLC now owns 15,782,795 shares of the real estate investment trust's stock valued at $1,989,106,000 after purchasing an additional 1,354,231 shares during the last quarter. Institutional investors own 94.80% of the company's stock.

Welltower Trading Up 0.9%

Shares of WELL opened at $154.44 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. Welltower Inc. has a 1-year low of $100.13 and a 1-year high of $158.55. The company has a market capitalization of $101.00 billion, a P/E ratio of 99.00, a P/E/G ratio of 2.87 and a beta of 0.94. The firm's 50 day simple moving average is $148.04 and its 200 day simple moving average is $141.86.

Welltower (NYSE:WELL - Get Free Report) last released its earnings results on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $1.15 by $0.05. The business had revenue of $2.42 billion for the quarter, compared to analysts' expectations of $2.40 billion. Welltower had a return on equity of 3.15% and a net margin of 11.91%. The firm's revenue was up 30.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.01 earnings per share. Sell-side analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 14th were paid a $0.67 dividend. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $2.68 dividend on an annualized basis and a yield of 1.74%. Welltower's dividend payout ratio (DPR) is currently 154.02%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on WELL. Bank of America raised their price objective on shares of Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. Wall Street Zen downgraded Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Scotiabank upped their price target on Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a research report on Thursday, March 6th. Evercore ISI increased their price target on Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a research note on Thursday, May 1st. Finally, Royal Bank of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and upped their price objective for the company from $146.00 to $168.00 in a report on Friday, February 28th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Welltower presently has a consensus rating of "Moderate Buy" and an average price target of $163.25.

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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