Roxbury Financial LLC Purchases New Position in Welltower Inc. (NYSE:WELL)

Roxbury Financial LLC purchased a new stake in shares of Welltower Inc. (NYSE:WELL) in the 4th quarter, Holdings Channel reports. The fund purchased 188 shares of the real estate investment trust’s stock, valued at approximately $26,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in Welltower in the 4th quarter worth approximately $25,000. Fortitude Family Office LLC grew its position in Welltower by 37.0% in the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 78 shares during the period. Versant Capital Management Inc grew its position in Welltower by 165.5% in the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 187 shares during the period. Ashton Thomas Securities LLC bought a new stake in Welltower in the 3rd quarter worth approximately $50,000. Finally, FSA Wealth Management LLC bought a new stake in Welltower in the 3rd quarter worth approximately $59,000. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Down 0.9 %

WELL opened at $150.03 on Monday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. The stock has a market cap of $93.42 billion, a price-to-earnings ratio of 98.70, a price-to-earnings-growth ratio of 2.83 and a beta of 1.23. The firm’s fifty day moving average is $131.74 and its 200 day moving average is $128.94. Welltower Inc. has a fifty-two week low of $87.87 and a fifty-two week high of $151.96.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.73. Welltower had a net margin of 12.22% and a return on equity of 3.20%. On average, sell-side analysts forecast that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be issued a $0.67 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a yield of 1.79%. Welltower’s dividend payout ratio is currently 176.32%.

Analyst Upgrades and Downgrades

WELL has been the subject of a number of research analyst reports. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and lifted their target price for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Raymond James lifted their price target on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 16th. Wedbush upgraded shares of Welltower from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $145.00 to $167.00 in a research note on Friday. StockNews.com cut shares of Welltower from a “hold” rating to a “sell” rating in a research note on Thursday. Finally, Scotiabank lifted their price target 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. One 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $138.58.

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.