Janus Henderson Group PLC Sells 534,528 Shares of Welltower Inc. (NYSE:WELL)

Janus Henderson Group PLC reduced its position in Welltower Inc. (NYSE:WELL - Free Report) by 48.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 578,584 shares of the real estate investment trust's stock after selling 534,528 shares during the period. Janus Henderson Group PLC owned about 0.09% of Welltower worth $72,843,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of WELL. Czech National Bank boosted its position in shares of Welltower by 8.8% in the fourth quarter. Czech National Bank now owns 128,261 shares of the real estate investment trust's stock valued at $16,165,000 after acquiring an additional 10,376 shares during the period. Wedmont Private Capital boosted its position in shares of Welltower by 8.0% in the fourth quarter. Wedmont Private Capital now owns 7,221 shares of the real estate investment trust's stock valued at $901,000 after acquiring an additional 533 shares during the period. Eastern Bank boosted its position in shares of Welltower by 1,087.6% in the fourth quarter. Eastern Bank now owns 1,152 shares of the real estate investment trust's stock valued at $145,000 after acquiring an additional 1,055 shares during the period. Tuttle Capital Management LLC boosted its position in shares of Welltower by 34.8% in the fourth quarter. Tuttle Capital Management LLC now owns 3,193 shares of the real estate investment trust's stock valued at $402,000 after acquiring an additional 824 shares during the period. Finally, Oak Thistle LLC bought a new stake in shares of Welltower in the fourth quarter valued at approximately $820,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Trading Up 1.2%

Welltower stock traded up $1.73 during trading hours on Friday, hitting $148.62. The stock had a trading volume of 2,412,621 shares, compared to its average volume of 2,902,085. Welltower Inc. has a one year low of $99.77 and a one year high of $158.55. 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 cap of $97.19 billion, a price-to-earnings ratio of 95.27, a P/E/G ratio of 2.87 and a beta of 0.94. The business's 50 day simple moving average is $147.44 and its 200-day simple moving average is $140.21.

Welltower (NYSE:WELL - Get Free Report) last issued 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 business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Welltower's quarterly revenue was up 30.3% compared to the same quarter last year. During the same period last year, the company posted $1.01 earnings per share. On average, equities analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date is Wednesday, May 14th. Welltower's dividend payout ratio (DPR) is presently 154.02%.

Analyst Ratings Changes

Several research firms have recently weighed in on WELL. Mizuho increased their price objective on Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. Bank of America raised their target price on Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a research report on Tuesday, February 18th. Wedbush reaffirmed an "underperform" rating on shares of Welltower in a research report on Thursday, April 17th. Evercore ISI raised their target price 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, StockNews.com cut Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Welltower currently has an average rating of "Moderate Buy" and a consensus 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.