Schonfeld Strategic Advisors LLC Raises Holdings in Welltower Inc. (NYSE:WELL)

Schonfeld Strategic Advisors LLC lifted its position in Welltower Inc. (NYSE:WELL - Free Report) by 355.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 138,133 shares of the real estate investment trust's stock after buying an additional 107,776 shares during the period. Schonfeld Strategic Advisors LLC's holdings in Welltower were worth $17,409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of WELL. Barclays PLC grew its stake in shares of Welltower by 29.2% during the 3rd quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust's stock valued at $215,659,000 after purchasing an additional 380,888 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Welltower during the third quarter valued at approximately $337,000. Tidal Investments LLC increased its holdings in Welltower by 46.2% during the third quarter. Tidal Investments LLC now owns 21,016 shares of the real estate investment trust's stock valued at $2,691,000 after buying an additional 6,639 shares during the last quarter. Synovus Financial Corp raised its position in Welltower by 51.3% in the third quarter. Synovus Financial Corp now owns 3,326 shares of the real estate investment trust's stock worth $426,000 after acquiring an additional 1,128 shares during the period. Finally, Franklin Resources Inc. boosted its stake in shares of Welltower by 3.2% during the 3rd quarter. Franklin Resources Inc. now owns 391,264 shares of the real estate investment trust's stock worth $49,925,000 after acquiring an additional 12,265 shares during the last quarter. Institutional investors own 94.80% of the company's stock.

Welltower Price Performance

Shares of NYSE WELL traded up $0.15 during midday trading on Friday, reaching $150.48. 2,367,811 shares of the stock traded hands, compared to its average volume of 2,878,669. The company's 50 day moving average is $148.06 and its 200 day moving average is $139.14. Welltower Inc. has a one year low of $95.86 and a one year high of $158.55. The stock has a market capitalization of $98.41 billion, a PE ratio of 96.46, a P/E/G ratio of 2.87 and a beta of 0.94. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22.

Welltower (NYSE:WELL - Get Free Report) last posted its earnings results on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share for the quarter, topping analysts' consensus estimates of $1.15 by $0.05. Welltower had a net margin of 11.91% and a return on equity of 3.15%. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same period in the previous year, the firm posted $1.01 EPS. The business's quarterly revenue was up 30.3% on a year-over-year basis. On average, equities research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $2.68 annualized dividend and a dividend yield of 1.78%. Welltower's dividend payout ratio (DPR) is presently 154.02%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Royal Bank of Canada raised Welltower from a "sector perform" rating to an "outperform" rating and raised their target price for the stock from $146.00 to $168.00 in a report on Friday, February 28th. StockNews.com cut Welltower from a "hold" rating to a "sell" rating in a research report on Wednesday. Wedbush restated an "underperform" rating on shares of Welltower in a research note on Thursday, April 17th. Wells Fargo & Company reissued an "equal weight" rating on shares of Welltower in a research note on Thursday, April 17th. Finally, Evercore ISI raised their price objective on shares of Welltower from $145.00 to $157.00 and gave the company an "in-line" rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $157.46.

About Welltower

Welltower Inc NYSE: WELL, a real estate investment trust ("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 infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.