Resolution Capital Ltd Has $727.09 Million Holdings in Welltower Inc. (NYSE:WELL)

Resolution Capital Ltd trimmed its position in Welltower Inc. (NYSE:WELL - Free Report) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,769,173 shares of the real estate investment trust's stock after selling 332,651 shares during the quarter. Welltower comprises approximately 13.1% of Resolution Capital Ltd's holdings, making the stock its largest position. Resolution Capital Ltd owned 0.93% of Welltower worth $727,089,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Norges Bank bought a new position in Welltower during the fourth quarter worth $3,943,892,000. Northern Trust Corp lifted its stake in shares of Welltower by 53.5% in the fourth quarter. Northern Trust Corp now owns 8,430,496 shares of the real estate investment trust's stock valued at $1,062,495,000 after buying an additional 2,939,229 shares during the period. Vanguard Group Inc. increased its stake in Welltower by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 98,295,258 shares of the real estate investment trust's stock valued at $12,388,151,000 after acquiring an additional 2,612,044 shares during the period. Groupama Asset Managment raised its holdings in Welltower by 23,204.3% in the 4th quarter. Groupama Asset Managment now owns 1,900,000 shares of the real estate investment trust's stock valued at $2,183,000 after acquiring an additional 1,891,847 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Welltower by 9.7% in the 4th quarter. Bank of America Corp DE now owns 18,706,788 shares of the real estate investment trust's stock worth $2,357,617,000 after acquiring an additional 1,652,611 shares during the period. 94.80% of the stock is owned by institutional investors.

Welltower Price Performance

Shares of NYSE WELL traded up $1.73 during midday trading on Friday, reaching $148.62. 2,412,621 shares of the company were exchanged, compared to its average volume of 2,906,057. The stock has a market cap of $97.19 billion, a P/E ratio of 95.27, a PEG ratio of 2.87 and a beta of 0.94. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. The stock's 50-day moving average price is $147.44 and its 200-day moving average price is $140.22. Welltower Inc. has a one year low of $99.77 and a one year high of $158.55.

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

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th will be given a $0.67 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $2.68 annualized dividend and a yield of 1.80%. Welltower's payout ratio is 154.02%.

Wall Street Analysts Forecast Growth

WELL has been the topic of a number of research reports. Scotiabank boosted their price objective on Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a research report on Thursday, March 6th. StockNews.com lowered shares of Welltower from a "hold" rating to a "sell" rating in a report on Thursday, May 8th. Wells Fargo & Company restated an "equal weight" rating on shares of Welltower in a research note on Thursday, April 17th. Morgan Stanley increased their target price on shares of Welltower from $155.00 to $160.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 6th. Finally, Mizuho raised their target price on Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Welltower has a consensus rating of "Moderate Buy" and a consensus target price of $161.83.

Welltower Company Profile

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.