Welltower Inc. (NYSE:WELL) Shares Sold by Tilt Investment Management Holdings PBC

Tilt Investment Management Holdings PBC lessened its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 79.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,268 shares of the real estate investment trust's stock after selling 8,769 shares during the quarter. Tilt Investment Management Holdings PBC's holdings in Welltower were worth $205,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bruce G. Allen Investments LLC acquired a new stake in Welltower in the 4th quarter valued at $25,000. Headlands Technologies LLC lifted its holdings in Welltower by 479.6% in the 3rd quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust's stock valued at $26,000 after purchasing an additional 259 shares in the last quarter. First Capital Advisors Group LLC. purchased a new position in Welltower in the 2nd quarter valued at $26,000. Compass Wealth Management LLC purchased a new position in shares of Welltower during the 4th quarter worth $26,000. Finally, FinTrust Capital Advisors LLC raised its holdings in shares of Welltower by 117.8% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust's stock worth $28,000 after acquiring an additional 185 shares during the period. Institutional investors and hedge funds own 94.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on WELL shares. Scotiabank reduced their price target on Welltower from $97.00 to $96.00 and set a "sector outperform" rating on the stock in a report on Monday, March 4th. KeyCorp lifted their price target on Welltower from $90.00 to $95.00 and gave the stock an "overweight" rating in a report on Friday, January 5th. Mizuho lifted their price target on Welltower from $90.00 to $98.00 and gave the stock a "buy" rating in a report on Wednesday, January 3rd. BNP Paribas initiated coverage on Welltower in a report on Monday, March 18th. They set an "outperform" rating and a $104.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Welltower in a report on Tuesday, January 30th. They issued a "buy" rating and a $115.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Welltower currently has a consensus rating of "Moderate Buy" and an average price target of $95.57.

Welltower Trading Up 0.6 %

NYSE WELL traded up $0.51 during trading on Friday, hitting $91.32. The stock had a trading volume of 1,901,565 shares, compared to its average volume of 2,559,885. The company has a market capitalization of $53.97 billion, a PE ratio of 142.31, a PEG ratio of 2.28 and a beta of 1.08. The company has a quick ratio of 3.22, a current ratio of 3.22 and a debt-to-equity ratio of 0.60. The firm has a 50 day moving average price of $91.76 and a 200 day moving average price of $88.92. Welltower Inc. has a twelve month low of $72.47 and a twelve month high of $94.63.

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

Welltower Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date of this dividend was Thursday, February 22nd. Welltower's dividend payout ratio is presently 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.