Welltower Inc. (NYSE:WELL) Shares Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lifted its holdings in shares of Welltower Inc. (NYSE:WELL - Free Report) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,099,391 shares of the real estate investment trust's stock after buying an additional 4,610 shares during the period. Welltower makes up approximately 0.5% of Public Employees Retirement System of Ohio's holdings, making the stock its 28th largest position. Public Employees Retirement System of Ohio owned approximately 0.17% of Welltower worth $138,556,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Roxbury Financial LLC acquired a new position in shares of Welltower during the 4th quarter worth $26,000. Sierra Ocean LLC purchased a new stake in Welltower during the fourth quarter worth about $28,000. First Command Advisory Services Inc. acquired a new position in Welltower during the fourth quarter worth about $50,000. Cape Investment Advisory Inc. purchased a new position in Welltower in the fourth quarter valued at about $53,000. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Welltower during the 4th quarter valued at approximately $68,000. Institutional investors and hedge funds own 94.80% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company restated an "equal weight" rating on shares of Welltower in a report on Thursday, April 17th. Morgan Stanley upped their target price on Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a report on Tuesday, May 6th. Wedbush reaffirmed an "underperform" rating on shares of Welltower in a research note on Thursday, April 17th. Evercore ISI boosted their price objective on shares of Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a research report on Thursday, May 1st. Finally, Bank of America raised their target price on shares of Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Welltower presently has a consensus rating of "Moderate Buy" and a consensus price target of $161.83.

Welltower Price Performance

NYSE:WELL opened at $146.90 on Friday. Welltower Inc. has a 12-month low of $99.77 and a 12-month high of $158.55. The firm has a market cap of $96.07 billion, a price-to-earnings ratio of 94.17, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94. The company's 50-day moving average is $147.54 and its two-hundred day moving average is $140.60. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48.

Welltower (NYSE:WELL - Get Free Report) last announced its 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 net margin of 11.91% and a return on equity of 3.15%. Welltower's revenue was up 30.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.01 earnings per share. Research analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Investors 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 annualized dividend and a yield of 1.82%. Welltower's payout ratio 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.

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