Welltower Inc. (NYSE:WELL) Shares Acquired by BSW Wealth Partners

BSW Wealth Partners grew its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 61.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,661 shares of the real estate investment trust's stock after acquiring an additional 1,768 shares during the quarter. BSW Wealth Partners' holdings in Welltower were worth $714,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Harbor Capital Advisors Inc. purchased a new position in shares of Welltower in the first quarter worth about $28,000. Franchise Capital Ltd purchased a new position in shares of Welltower in the first quarter worth about $32,000. ZynergyRetirementPlanningLLC purchased a new position in shares of Welltower in the first quarter worth about $33,000. Capital Advisors Ltd. LLC raised its stake in shares of Welltower by 57.2% in the first quarter. Capital Advisors Ltd. LLC now owns 294 shares of the real estate investment trust's stock worth $45,000 after purchasing an additional 107 shares during the last quarter. Finally, First Command Advisory Services Inc. purchased a new position in shares of Welltower in the fourth quarter worth about $50,000. Institutional investors and hedge funds own 94.80% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Evercore ISI raised their price objective on Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a research note on Thursday, May 1st. Scotiabank restated an "outperform" rating on shares of Welltower in a research note on Monday. Royal Bank Of Canada upgraded Welltower from a "sector perform" rating to an "outperform" rating and raised their price objective for the stock from $146.00 to $168.00 in a research note on Friday, February 28th. Mizuho raised their price objective on Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Finally, Morgan Stanley lifted their price target on Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a research report on Tuesday, May 6th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $163.75.

Welltower Stock Down 0.8%

Welltower stock opened at $152.20 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 4.23 and a quick ratio of 4.23. The business has a 50 day simple moving average of $150.50 and a 200-day simple moving average of $143.59. The stock has a market capitalization of $99.53 billion, a PE ratio of 87.47, a price-to-earnings-growth ratio of 1.79 and a beta of 0.94. Welltower Inc. has a 12 month low of $102.92 and a 12 month high of $158.55.

Welltower (NYSE:WELL - Get Free Report) last issued 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 analyst estimates of $2.40 billion. Welltower had a return on equity of 3.41% and a net margin of 12.65%. The business's revenue was up 30.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.01 earnings per share. On average, analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend was Wednesday, May 14th. Welltower's dividend payout ratio (DPR) is presently 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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