Dimensional Fund Advisors LP Has $684.47 Million Holdings in Welltower Inc. (NYSE:WELL)

Dimensional Fund Advisors LP grew its stake in Welltower Inc. (NYSE:WELL - Free Report) by 4.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,590,681 shares of the real estate investment trust's stock after purchasing an additional 340,725 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.37% of Welltower worth $684,465,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of WELL. Bruce G. Allen Investments LLC purchased a new position in Welltower in the fourth quarter worth $25,000. Headlands Technologies LLC boosted its position in Welltower by 479.6% in the third 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. Financial Gravity Asset Management Inc. purchased a new position in Welltower in the third quarter worth $38,000. Salem Investment Counselors Inc. boosted its position in Welltower by 84.0% in the fourth quarter. Salem Investment Counselors Inc. now owns 425 shares of the real estate investment trust's stock worth $38,000 after purchasing an additional 194 shares during the last quarter. Finally, Rational Advisors LLC purchased a new position in Welltower in the third quarter worth $43,000. Hedge funds and other institutional investors own 94.80% of the company's stock.

Analysts Set New Price Targets

WELL has been the topic of several research analyst reports. Mizuho boosted their price objective on Welltower from $98.00 to $105.00 and gave the stock a "buy" rating in a research report on Wednesday. Scotiabank lowered their target price 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. StockNews.com upgraded Welltower from a "sell" rating to a "hold" rating in a research note on Monday, May 6th. BNP Paribas began coverage on Welltower in a research note on Monday, March 18th. They issued an "outperform" rating and a $104.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft began coverage on Welltower in a research note on Tuesday, January 30th. They issued a "buy" rating and a $115.00 target price on the stock. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Welltower has a consensus rating of "Moderate Buy" and an average price target of $96.07.

Welltower Stock Performance

Shares of NYSE:WELL traded up $0.28 during midday trading on Friday, reaching $98.83. 1,763,576 shares of the company traded hands, compared to its average volume of 2,300,846. The company has a quick ratio of 3.83, a current ratio of 3.83 and a debt-to-equity ratio of 0.50. Welltower Inc. has a 12 month low of $72.47 and a 12 month high of $99.39. The firm has a market capitalization of $59.09 billion, a price-to-earnings ratio of 122.01, a price-to-earnings-growth ratio of 2.62 and a beta of 1.07. The firm's fifty day moving average price is $92.86 and its two-hundred day moving average price is $90.23.

Welltower (NYSE:WELL - Get Free Report) last announced its earnings results on Monday, April 29th. The real estate investment trust reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.94 by ($0.72). The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.81 billion. Welltower had a return on equity of 1.77% and a net margin of 6.37%. Welltower's revenue was up 19.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.85 earnings per share. On average, equities analysts expect that Welltower Inc. will post 4.08 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Monday, May 13th will be paid a $0.61 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a $2.44 dividend on an annualized basis and a yield of 2.47%. Welltower's dividend payout ratio is currently 301.23%.

Welltower 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.