Mufg Securities Americas Inc. Purchases Shares of 8,732 Welltower Inc. (NYSE:WELL)

Mufg Securities Americas Inc. acquired a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 8,732 shares of the real estate investment trust's stock, valued at approximately $1,100,000.

Other hedge funds have also modified their holdings of the company. Geller Advisors LLC lifted its holdings in shares of Welltower by 3.7% during the 4th quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust's stock valued at $241,000 after acquiring an additional 69 shares in the last quarter. Mather Group LLC. raised its position in Welltower by 3.8% in the fourth quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust's stock valued at $259,000 after purchasing an additional 75 shares during the period. Childress Capital Advisors LLC lifted its stake in shares of Welltower by 3.7% during the fourth quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust's stock worth $271,000 after purchasing an additional 76 shares in the last quarter. Woodmont Investment Counsel LLC boosted its position in shares of Welltower by 3.8% in the fourth quarter. Woodmont Investment Counsel LLC now owns 2,213 shares of the real estate investment trust's stock worth $279,000 after buying an additional 81 shares during the period. Finally, Wealthspire Advisors LLC boosted its position in shares of Welltower by 2.5% in the fourth quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust's stock worth $435,000 after buying an additional 83 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Evercore ISI boosted 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. StockNews.com cut shares of Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Scotiabank raised their price target on shares of Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a report on Thursday, March 6th. Morgan Stanley boosted their price objective on shares of Welltower from $155.00 to $160.00 and gave the stock an "overweight" rating in a report on Tuesday, May 6th. Finally, Mizuho upped their price objective on shares of Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. 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 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 an average target price of $161.83.

Welltower Stock Performance

Welltower stock traded up $1.73 during trading hours on Friday, reaching $148.62. 2,412,621 shares of the company were exchanged, compared to its average volume of 2,906,057. Welltower Inc. has a 12 month low of $99.77 and a 12 month 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 50-day moving average of $147.44 and a 200 day moving average of $140.21. The firm has a market cap of $97.19 billion, a price-to-earnings ratio of 95.27, a PEG ratio of 2.87 and a beta of 0.94.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.05. The business had revenue of $2.42 billion during 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 quarterly revenue was up 30.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.01 EPS. As a group, research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.80%. Welltower's payout ratio 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.