Welltower Inc. (NYSE:WELL) Stock Position Raised by Transform Wealth LLC

Transform Wealth LLC increased its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 104,512 shares of the real estate investment trust's stock after acquiring an additional 1,862 shares during the quarter. Welltower makes up 1.0% of Transform Wealth LLC's portfolio, making the stock its 25th biggest position. Transform Wealth LLC's holdings in Welltower were worth $16,012,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WELL. Norges Bank bought a new position in shares of Welltower during the fourth quarter worth about $3,943,892,000. Northern Trust Corp grew its position in shares of Welltower by 53.5% in the 4th quarter. Northern Trust Corp now owns 8,430,496 shares of the real estate investment trust's stock worth $1,062,495,000 after acquiring an additional 2,939,229 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Welltower by 2.7% in the 4th 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 acquiring an additional 2,612,044 shares during the last quarter. Groupama Asset Managment raised its position in shares of Welltower by 23,204.3% during the 4th quarter. Groupama Asset Managment now owns 1,900,000 shares of the real estate investment trust's stock valued at $2,183,000 after acquiring an additional 1,891,847 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Welltower by 17,343.3% during the 1st quarter. GAMMA Investing LLC now owns 1,738,052 shares of the real estate investment trust's stock valued at $266,287,000 after acquiring an additional 1,728,088 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Royal Bank of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from $146.00 to $168.00 in a report on Friday, February 28th. Mizuho raised their price target on shares of Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Evercore ISI boosted their price objective on shares of Welltower from $145.00 to $157.00 and gave the company an "in-line" rating in a research report on Thursday, May 1st. Wedbush reiterated an "underperform" rating on shares of Welltower in a research note on Thursday, April 17th. Finally, Bank of America upped their price objective on Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. Two 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's stock. According to data from MarketBeat, Welltower presently has an average rating of "Moderate Buy" and a consensus price target of $163.25.

Welltower Stock Performance

WELL stock traded up $0.89 on Thursday, reaching $151.13. The company's stock had a trading volume of 531,066 shares, compared to its average volume of 2,917,006. Welltower Inc. has a 52 week low of $100.13 and a 52 week high of $158.55. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. The company has a market capitalization of $98.83 billion, a P/E ratio of 96.88, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94. The firm has a fifty day moving average of $148.09 and a two-hundred day moving average of $142.09.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.05. The company 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%. Welltower's revenue was up 30.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.01 EPS. As a group, analysts predict 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. Shareholders of record on Wednesday, May 14th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.77%. The ex-dividend date was Wednesday, May 14th. Welltower's dividend payout ratio (DPR) is presently 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.