Vise Technologies Inc. Increases Holdings in Welltower Inc. (NYSE:WELL)

Vise Technologies Inc. raised its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 284.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,643 shares of the real estate investment trust's stock after buying an additional 7,877 shares during the period. Vise Technologies Inc.'s holdings in Welltower were worth $1,341,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in WELL. Roxbury Financial LLC bought a new stake in shares of Welltower during the 4th quarter valued at $26,000. Sierra Ocean LLC purchased a new stake in Welltower in the 4th quarter worth approximately $28,000. First Command Advisory Services Inc. bought a new stake in Welltower during the 4th quarter worth approximately $50,000. Cape Investment Advisory Inc. bought a new stake in Welltower during the 4th quarter worth approximately $53,000. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new position in Welltower during the fourth quarter valued at approximately $68,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Price Performance

Shares of WELL stock traded up $3.36 during trading hours on Tuesday, hitting $152.53. The stock had a trading volume of 2,342,702 shares, compared to its average volume of 2,911,569. The stock's 50-day moving average price is $147.53 and its two-hundred day moving average price is $140.85. 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 one year low of $99.95 and a one year high of $158.55. The stock has a market capitalization of $99.75 billion, a price-to-earnings ratio of 97.78, a PEG ratio of 2.87 and a beta of 0.94.

Welltower (NYSE:WELL - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share 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 company had revenue of $2.42 billion for the quarter, compared to analysts' expectations of $2.40 billion. During the same period in the previous year, the firm posted $1.01 earnings per share. The firm's revenue for the quarter was up 30.3% on a year-over-year basis. Equities analysts forecast that Welltower Inc. will post 4.88 EPS for the current 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 given 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 dividend yield of 1.76%. Welltower's dividend payout ratio (DPR) is presently 154.02%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Wells Fargo & Company restated an "equal weight" rating on shares of Welltower in a research report on Thursday, April 17th. Scotiabank boosted their price objective on Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a research report on Thursday, March 6th. Mizuho boosted their price objective on Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. Bank of America boosted their price objective on Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a research report on Tuesday, February 18th. Finally, Royal Bank of Canada upgraded Welltower from a "sector perform" rating to an "outperform" rating and boosted their price objective for the company from $146.00 to $168.00 in a research report on Friday, February 28th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $161.83.

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.