BNP Paribas Financial Markets Grows Holdings in Welltower Inc. (NYSE:WELL)

BNP Paribas Financial Markets lifted its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 114.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 539,797 shares of the real estate investment trust's stock after acquiring an additional 287,646 shares during the period. BNP Paribas Financial Markets owned approximately 0.10% of Welltower worth $48,673,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in WELL. Bruce G. Allen Investments LLC acquired a new position in Welltower during the 4th quarter worth approximately $25,000. Headlands Technologies LLC increased its position in Welltower by 479.6% during 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 in the last quarter. Salem Investment Counselors Inc. increased its position in Welltower by 84.0% during the 4th 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 in the last quarter. Financial Gravity Asset Management Inc. acquired a new position in Welltower in the 3rd quarter valued at approximately $38,000. Finally, Rational Advisors LLC acquired a new position in Welltower in the 3rd quarter valued at approximately $43,000. Institutional investors own 94.80% of the company's stock.

Welltower Stock Performance

NYSE WELL traded up $0.28 during trading hours on Friday, reaching $98.83. 1,763,576 shares of the company were exchanged, compared to its average volume of 2,300,846. Welltower Inc. has a 1 year low of $72.47 and a 1 year high of $99.39. The business's 50 day simple moving average is $92.86 and its 200-day simple moving average is $90.27. The company has a quick ratio of 3.83, a current ratio of 3.83 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $59.09 billion, a P/E ratio of 122.01, a P/E/G ratio of 2.61 and a beta of 1.07.

Welltower (NYSE:WELL - Get Free Report) last posted its earnings results on Monday, April 29th. The real estate investment trust reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.72). The business had revenue of $1.86 billion during the quarter, compared to analysts' expectations of $1.81 billion. Welltower had a return on equity of 1.77% and a net margin of 6.37%. Welltower's revenue for the quarter was up 19.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.85 EPS. On average, equities research analysts expect that Welltower Inc. will post 4.1 earnings per share for the current year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Monday, May 13th will be given 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 dividend yield of 2.47%. Welltower's dividend payout ratio (DPR) is currently 301.23%.

Analysts Set New Price Targets

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

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.