Schnieders Capital Management LLC Sells 86 Shares of Welltower Inc. (NYSE:WELL)

Schnieders Capital Management LLC cut its holdings in Welltower Inc. (NYSE:WELL) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,704 shares of the real estate investment trust’s stock after selling 86 shares during the quarter. Schnieders Capital Management LLC’s holdings in Welltower were worth $1,097,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Retirement Systems of Alabama increased its stake in Welltower by 3.7% during the 3rd quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust’s stock worth $60,228,000 after buying an additional 16,946 shares in the last quarter. Barclays PLC boosted its stake in Welltower by 29.2% during the third quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock worth $215,659,000 after buying an additional 380,888 shares during the period. Park Avenue Securities LLC boosted its position in shares of Welltower by 20.1% during the 4th quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust’s stock worth $1,696,000 after purchasing an additional 2,250 shares during the period. Nordea Investment Management AB boosted its position in shares of Welltower by 28.1% during the fourth quarter. Nordea Investment Management AB now owns 1,477,388 shares of the real estate investment trust’s stock worth $185,649,000 after buying an additional 324,520 shares during the period. Finally, Assenagon Asset Management S.A. lifted its position in shares of Welltower by 1.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 20,931 shares of the real estate investment trust’s stock worth $2,638,000 after purchasing an additional 365 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on WELL shares. Bank of America increased their price target on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Wedbush upgraded shares of Welltower from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $145.00 to $167.00 in a report on Friday, February 14th. StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Scotiabank boosted their target price on shares of Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research note on Monday, January 27th. Finally, Raymond James raised their target price on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Monday, December 16th. One analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Welltower presently has a consensus rating of “Moderate Buy” and an average price target of $140.19.

Welltower Trading Down 0.8 %

Welltower stock opened at $150.50 on Thursday. The stock has a 50-day moving average price of $135.22 and a 200 day moving average price of $130.99. Welltower Inc. has a 52 week low of $87.87 and a 52 week high of $152.81. The stock has a market cap of $96.52 billion, a PE ratio of 96.47, a P/E/G ratio of 2.87 and a beta of 1.23. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. Equities research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $2.68 annualized dividend and a yield of 1.78%. Welltower’s dividend payout ratio is currently 171.79%.

Welltower 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.