Asset Management One Co. Ltd. Has $98.87 Million Stock Position in Welltower Inc. (NYSE:WELL)

Asset Management One Co. Ltd. boosted its holdings in shares of Welltower Inc. (NYSE:WELL - Free Report) by 5.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,084,587 shares of the real estate investment trust's stock after buying an additional 56,987 shares during the period. Asset Management One Co. Ltd. owned approximately 0.20% of Welltower worth $98,871,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Bruce G. Allen Investments LLC acquired a new position in Welltower during the fourth quarter valued at $25,000. Covestor Ltd increased its position in Welltower by 97.4% in the 1st quarter. Covestor Ltd now owns 298 shares of the real estate investment trust's stock worth $29,000 after purchasing an additional 147 shares during the last quarter. Headlands Technologies LLC increased its position in Welltower by 479.6% in the 3rd quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 259 shares during the last quarter. First Capital Advisors Group LLC. acquired a new position in Welltower in the 2nd quarter worth about $26,000. Finally, FinTrust Capital Advisors LLC increased its position in Welltower by 117.8% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust's stock worth $28,000 after purchasing an additional 185 shares during the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Trading Down 0.9 %

Shares of NYSE WELL traded down $0.83 during midday trading on Thursday, hitting $90.44. The stock had a trading volume of 1,787,370 shares, compared to its average volume of 2,613,865. The company's 50-day simple moving average is $91.03 and its 200 day simple moving average is $88.38. The firm has a market cap of $51.45 billion, a P/E ratio of 142.61, a price-to-earnings-growth ratio of 2.31 and a beta of 1.08. Welltower Inc. has a fifty-two week low of $70.13 and a fifty-two week high of $94.63. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.22 and a quick ratio of 3.22.

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

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Friday, February 23rd were given a $0.61 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $2.44 annualized dividend and a dividend yield of 2.70%. Welltower's dividend payout ratio is currently 381.26%.

Analyst Upgrades and Downgrades

WELL has been the subject of several recent analyst reports. JPMorgan Chase & Co. upgraded Welltower from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $92.00 to $99.00 in a research note on Monday, December 18th. Mizuho increased their target price on Welltower from $90.00 to $98.00 and gave the company a "buy" rating in a research note on Wednesday, January 3rd. Scotiabank reduced their price objective on Welltower from $97.00 to $96.00 and set a "sector outperform" rating for the company in a research report on Monday, March 4th. BNP Paribas began coverage on Welltower in a research report on Monday, March 18th. They issued an "outperform" rating and a $104.00 price objective for the company. Finally, KeyCorp raised their price objective on Welltower from $90.00 to $95.00 and gave the stock an "overweight" rating in a research report on Friday, January 5th. One research analyst has rated the stock with a sell rating, four have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $94.60.

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.

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