Welltower Inc. (NYSE:WELL) Position Cut by Chilton Capital Management LLC

Chilton Capital Management LLC lowered its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 21.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 213,272 shares of the real estate investment trust's stock after selling 57,407 shares during the period. Chilton Capital Management LLC's holdings in Welltower were worth $19,231,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nordea Investment Management AB boosted its stake in Welltower by 1,412.2% during the fourth quarter. Nordea Investment Management AB now owns 594,677 shares of the real estate investment trust's stock worth $54,062,000 after buying an additional 555,353 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Welltower by 27.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 447,303 shares of the real estate investment trust's stock valued at $36,643,000 after purchasing an additional 96,046 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Welltower by 0.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 307,036 shares of the real estate investment trust's stock valued at $25,152,000 after purchasing an additional 1,404 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Welltower in the 3rd quarter valued at $1,204,000. Finally, Morgan Stanley lifted its stake in shares of Welltower by 3.3% in the 3rd quarter. Morgan Stanley now owns 6,586,771 shares of the real estate investment trust's stock valued at $539,589,000 after purchasing an additional 208,711 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on WELL. KeyCorp upped their price target on Welltower from $90.00 to $95.00 and gave the company an "overweight" rating in a research note on Friday, January 5th. BNP Paribas began coverage on Welltower in a research note on Monday, March 18th. They issued an "outperform" rating and a $104.00 price target on the stock. Scotiabank decreased their price target on Welltower from $97.00 to $96.00 and set a "sector outperform" rating on the stock in a research note on Monday, March 4th. JPMorgan Chase & Co. raised Welltower from a "neutral" rating to an "overweight" rating and upped their price target for the company from $92.00 to $99.00 in a research note on Monday, December 18th. Finally, Mizuho upped their price target on Welltower from $90.00 to $98.00 and gave the company a "buy" rating in a research note on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Welltower presently has an average rating of "Moderate Buy" and an average target price of $93.69.

Welltower Stock Up 0.7 %

Shares of WELL traded up $0.64 during mid-day trading on Friday, reaching $93.44. The company's stock had a trading volume of 3,519,497 shares, compared to its average volume of 2,610,425. Welltower Inc. has a 12-month low of $69.68 and a 12-month high of $94.63. The stock has a market cap of $53.16 billion, a PE ratio of 146.00, a price-to-earnings-growth ratio of 2.37 and a beta of 1.08. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.22 and a quick ratio of 3.22. The company's 50 day moving average is $90.83 and its 200 day moving average is $88.19.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.94 by ($0.79). Welltower had a net margin of 5.12% and a return on equity of 1.47%. The business had revenue of $1.75 billion during the quarter, compared to analysts' expectations of $1.72 billion. During the same quarter in the previous year, the company posted $0.83 EPS. The company's revenue was up 15.2% compared to the same quarter last year. Equities analysts anticipate that Welltower Inc. will post 4.03 EPS for the current fiscal year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Friday, February 23rd were issued a $0.61 dividend. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.61%. Welltower's payout ratio is currently 381.26%.

Welltower Company Profile

Welltower Inc NYSE: WELL, a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.