International Assets Investment Management LLC Grows Holdings in Welltower Inc. (NYSE:WELL)

International Assets Investment Management LLC lifted its position in Welltower Inc. (NYSE:WELL - Free Report) by 9,700.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 142,700 shares of the real estate investment trust's stock after purchasing an additional 141,244 shares during the period. International Assets Investment Management LLC's holdings in Welltower were worth $12,867,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in WELL. Nordea Investment Management AB boosted its holdings in Welltower by 1,412.2% in the fourth quarter. Nordea Investment Management AB now owns 594,677 shares of the real estate investment trust's stock valued at $54,062,000 after acquiring an additional 555,353 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Welltower by 27.3% in the third quarter. Envestnet Asset Management Inc. now owns 447,303 shares of the real estate investment trust's stock valued at $36,643,000 after acquiring an additional 96,046 shares in the last quarter. Chevy Chase Trust Holdings LLC boosted its holdings in Welltower by 6.0% in the fourth quarter. Chevy Chase Trust Holdings LLC now owns 310,624 shares of the real estate investment trust's stock valued at $28,009,000 after acquiring an additional 17,595 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Welltower by 0.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 307,036 shares of the real estate investment trust's stock valued at $25,152,000 after acquiring an additional 1,404 shares in the last quarter. Finally, Raymond James & Associates boosted its holdings in Welltower by 5.8% in the fourth quarter. Raymond James & Associates now owns 333,109 shares of the real estate investment trust's stock valued at $30,036,000 after acquiring an additional 18,351 shares in the last quarter. Institutional investors own 94.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on WELL shares. Scotiabank dropped their target price on shares of Welltower from $97.00 to $96.00 and set a "sector outperform" rating on the stock in a report on Monday, March 4th. Mizuho boosted their target price on shares of Welltower from $90.00 to $98.00 and gave the company a "buy" rating in a report on Wednesday, January 3rd. KeyCorp boosted their target price on shares of Welltower from $90.00 to $95.00 and gave the company an "overweight" rating in a report on Friday, January 5th. BNP Paribas started coverage on shares of Welltower in a report on Monday, March 18th. They set an "outperform" rating and a $104.00 target price on the stock. Finally, StockNews.com cut shares of Welltower from a "hold" rating to a "sell" rating in a report on Friday, March 29th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $95.57.

Welltower Stock Performance

NYSE:WELL traded down $0.58 during mid-day trading on Friday, reaching $89.79. The company's stock had a trading volume of 1,808,366 shares, compared to its average volume of 2,491,356. Welltower Inc. has a 12-month low of $72.47 and a 12-month high of $94.63. The firm's fifty day moving average price is $91.53 and its two-hundred day moving average price is $88.74. The company has a current ratio of 3.22, a quick ratio of 3.22 and a debt-to-equity ratio of 0.60. The stock has a market cap of $53.07 billion, a P/E ratio of 140.30, a PEG ratio of 2.30 and a beta of 1.08.

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

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Friday, February 23rd were given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 2.72%. The ex-dividend date was Thursday, February 22nd. Welltower's payout ratio is currently 381.26%.

About Welltower

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.