United Services Automobile Association Has $1.70 Million Stock Position in Welltower Inc. (NYSE:WELL)

United Services Automobile Association boosted its stake in shares of Welltower Inc. (NYSE:WELL) by 2.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,488 shares of the real estate investment trust’s stock after buying an additional 305 shares during the period. United Services Automobile Association’s holdings in Welltower were worth $1,700,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Laurel Wealth Advisors LLC acquired a new stake in shares of Welltower in the fourth quarter worth $25,000. Roxbury Financial LLC acquired a new stake in Welltower during the 4th quarter worth about $26,000. Sierra Ocean LLC acquired a new stake in Welltower during the 4th quarter worth about $28,000. Versant Capital Management Inc grew its stake in Welltower by 165.5% during the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 187 shares in the last quarter. Finally, First Command Advisory Services Inc. acquired a new position in shares of Welltower in the 4th quarter valued at about $50,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on WELL shares. Bank of America raised their price target on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Royal Bank of Canada raised shares of Welltower from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $146.00 to $168.00 in a research note on Friday, February 28th. Mizuho upped their price target on shares of Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. Wedbush raised Welltower from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $145.00 to $167.00 in a research report on Friday, February 14th. Finally, Evercore ISI boosted their target price on Welltower from $144.00 to $145.00 and gave the company an “in-line” rating in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average target price of $156.46.

Welltower Trading Down 0.7 %

Shares of WELL stock opened at $146.84 on Monday. Welltower Inc. has a 12 month low of $87.87 and a 12 month high of $158.55. The company has a market cap of $94.17 billion, a PE ratio of 94.13, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20. 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 business’s 50 day moving average is $143.50 and its two-hundred day moving average is $134.78.

Welltower (NYSE:WELL) last posted its 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 11.91% and a return on equity of 3.15%. Equities analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 annualized dividend and a dividend yield of 1.83%. Welltower’s dividend payout ratio is presently 171.79%.

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.