Checchi Capital Advisers LLC Purchases 172 Shares of Welltower Inc. (NYSE:WELL)

Checchi Capital Advisers LLC increased its position in shares of Welltower Inc. (NYSE:WELL) by 1.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,206 shares of the real estate investment trust’s stock after acquiring an additional 172 shares during the period. Checchi Capital Advisers LLC’s holdings in Welltower were worth $1,160,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of WELL. Laurel Wealth Advisors LLC bought a new stake in shares of Welltower in the 4th quarter valued at about $25,000. Roxbury Financial LLC bought a new stake in shares of Welltower in the 4th quarter valued at about $26,000. Sierra Ocean LLC acquired a new position in shares of Welltower in the 4th quarter valued at about $28,000. Fortitude Family Office LLC lifted its stake in shares of Welltower by 37.0% in the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 78 shares during the period. Finally, Versant Capital Management Inc lifted its stake in shares of Welltower by 165.5% in the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 187 shares during the period. Institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on WELL. Bank of America boosted their price objective on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research note on Tuesday, February 18th. StockNews.com downgraded Welltower from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and boosted their price objective for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd. Raymond James boosted their price objective on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. Finally, Mizuho boosted their price objective on Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $140.19.

Welltower Price Performance

Shares of NYSE WELL opened at $150.50 on Thursday. The stock has a fifty day simple moving average of $135.22 and a two-hundred day simple moving average of $130.99. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $152.81. The firm has a market cap of $96.52 billion, a price-to-earnings ratio of 96.47, a price-to-earnings-growth 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 announced its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

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

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.