Capital Investment Advisors LLC Sells 1,547 Shares of Welltower Inc. (NYSE:WELL)

Capital Investment Advisors LLC decreased its holdings in shares of Welltower Inc. (NYSE:WELL) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,328 shares of the real estate investment trust’s stock after selling 1,547 shares during the period. Capital Investment Advisors LLC’s holdings in Welltower were worth $2,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wellington Management Group LLP grew its holdings in Welltower by 10.6% during the third quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock valued at $2,392,349,000 after purchasing an additional 1,797,330 shares during the period. FMR LLC lifted its position in shares of Welltower by 38.1% during the 3rd quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock valued at $1,847,289,000 after buying an additional 3,977,845 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Welltower by 0.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 7,814,741 shares of the real estate investment trust’s stock valued at $814,678,000 after buying an additional 62,942 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Welltower by 638.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock valued at $886,022,000 after acquiring an additional 5,982,711 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Welltower by 0.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust’s stock worth $776,657,000 after acquiring an additional 46,332 shares in the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on WELL shares. StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and increased their price target for the stock from $132.00 to $147.00 in a research note on Thursday, January 2nd. Evercore ISI raised their price target on Welltower from $106.00 to $114.00 and gave the company an “in-line” rating in a report on Monday, September 16th. Scotiabank upped their price objective on Welltower from $133.00 to $142.00 and gave the stock a “sector outperform” rating in a research note on Monday, November 25th. Finally, Mizuho increased their target price on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and a consensus price target of $127.63.

Welltower Trading Up 0.9 %

WELL stock opened at $125.87 on Tuesday. The firm has a market cap of $78.38 billion, a PE ratio of 82.81, a price-to-earnings-growth ratio of 2.90 and a beta of 1.22. The firm has a fifty day moving average price of $131.08 and a 200 day moving average price of $123.90. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. Welltower Inc. has a fifty-two week low of $85.40 and a fifty-two week high of $140.75.

Welltower (NYSE:WELL) last posted its earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.31). The business had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.95 billion. Welltower had a return on equity of 3.20% and a net margin of 12.22%. The business’s quarterly revenue was up 23.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 earnings per share. Sell-side analysts anticipate that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Wednesday, November 13th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 2.13%. The ex-dividend date was Wednesday, November 13th. Welltower’s dividend payout ratio is currently 176.32%.

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.