Welltower Inc. (NYSE:WELL) Shares Bought by GRS Advisors LLC

GRS Advisors LLC boosted its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 76.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,474 shares of the real estate investment trust's stock after buying an additional 14,947 shares during the quarter. Welltower accounts for approximately 0.4% of GRS Advisors LLC's investment portfolio, making the stock its 29th largest position. GRS Advisors LLC's holdings in Welltower were worth $4,345,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Geller Advisors LLC grew its holdings in Welltower by 3.7% during the fourth quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust's stock valued at $241,000 after purchasing an additional 69 shares during the last quarter. Gotham Asset Management LLC raised its holdings in Welltower by 85.5% in the 4th quarter. Gotham Asset Management LLC now owns 65,824 shares of the real estate investment trust's stock valued at $8,296,000 after acquiring an additional 30,339 shares in the last quarter. Graham Capital Management L.P. acquired a new stake in shares of Welltower during the 4th quarter worth approximately $880,000. Focus Partners Wealth grew its holdings in shares of Welltower by 74.9% during the 4th quarter. Focus Partners Wealth now owns 36,905 shares of the real estate investment trust's stock worth $4,809,000 after purchasing an additional 15,808 shares in the last quarter. Finally, Ellevest Inc. raised its stake in shares of Welltower by 23.6% in the fourth quarter. Ellevest Inc. now owns 5,494 shares of the real estate investment trust's stock valued at $692,000 after purchasing an additional 1,049 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Performance

Shares of NYSE WELL traded down $1.70 during trading on Tuesday, reaching $143.94. 272,808 shares of the company traded hands, compared to its average volume of 2,886,644. Welltower Inc. has a 52-week low of $98.36 and a 52-week high of $158.55. The firm has a 50 day simple moving average of $147.55 and a 200-day simple moving average of $139.96. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $94.13 billion, a PE ratio of 92.23, a P/E/G ratio of 2.87 and a beta of 0.94.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.05. The firm had revenue of $2.42 billion for the quarter, compared to analysts' expectations of $2.40 billion. Welltower had a net margin of 11.91% and a return on equity of 3.15%. The company's revenue for the quarter was up 30.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.01 earnings per share. Equities research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th will be paid a dividend of $0.67 per share. The ex-dividend date is Wednesday, May 14th. This represents a $2.68 annualized dividend and a dividend yield of 1.86%. Welltower's dividend payout ratio is currently 154.02%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Scotiabank lifted their price objective on Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a report on Thursday, March 6th. Royal Bank of Canada upgraded shares of Welltower from a "sector perform" rating to an "outperform" rating and upped their target price for the company from $146.00 to $168.00 in a research report on Friday, February 28th. Wedbush reaffirmed an "underperform" rating on shares of Welltower in a research note on Thursday, April 17th. Wells Fargo & Company reissued an "equal weight" rating on shares of Welltower in a research report on Thursday, April 17th. Finally, Evercore ISI increased their target price on Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a research note on Thursday, May 1st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $161.83.

About Welltower

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.