221,098 Shares in Welltower Inc. (NYSE:WELL) Acquired by Worldquant Millennium Advisors LLC

Worldquant Millennium Advisors LLC purchased a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 221,098 shares of the real estate investment trust's stock, valued at approximately $27,865,000.

A number of other hedge funds and other institutional investors have also modified their holdings of WELL. Vestmark Advisory Solutions Inc. lifted its position in shares of Welltower by 120.3% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust's stock valued at $1,817,000 after buying an additional 7,872 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Welltower by 30.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 544,838 shares of the real estate investment trust's stock worth $68,666,000 after acquiring an additional 128,090 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC lifted its position in Welltower by 17.3% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,936,954 shares of the real estate investment trust's stock worth $244,114,000 after acquiring an additional 285,015 shares during the last quarter. Whipplewood Advisors LLC bought a new position in shares of Welltower during the fourth quarter worth approximately $367,000. Finally, Groupama Asset Managment grew its holdings in Welltower by 23,204.3% in 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 buying an additional 1,891,847 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Welltower Price Performance

Welltower stock traded up $2.39 during midday trading on Friday, reaching $149.29. The company's stock had a trading volume of 2,183,274 shares, compared to its average volume of 2,909,945. The business has a 50-day moving average price of $147.52 and a 200-day moving average price of $140.69. Welltower Inc. has a 52 week low of $99.95 and a 52 week high of $158.55. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. The stock has a market cap of $97.63 billion, a PE ratio of 95.70, a price-to-earnings-growth 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 analysts' consensus estimates of $1.15 by $0.05. Welltower had a return on equity of 3.15% and a net margin of 11.91%. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same quarter in the previous year, the company posted $1.01 EPS. Welltower's quarterly revenue was up 30.3% compared to the same quarter last year. On average, sell-side analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The firm also recently disclosed 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 was Wednesday, May 14th. This represents a $2.68 annualized dividend and a dividend yield of 1.80%. Welltower's dividend payout ratio is 154.02%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on WELL shares. Wells Fargo & Company reissued an "equal weight" rating on shares of Welltower in a research report on Thursday, April 17th. Bank of America raised their target price on shares of Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. Mizuho increased their price target on Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. 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 report on Thursday, May 1st. Finally, Scotiabank upped their target price on Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a research report on Thursday, March 6th. Two 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 issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $161.83.

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.