Values First Advisors Inc. Has $519,000 Stock Holdings in Welltower Inc. (NYSE:WELL)

Values First Advisors Inc. trimmed its stake in Welltower Inc. (NYSE:WELL) by 32.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,757 shares of the real estate investment trust’s stock after selling 2,820 shares during the quarter. Values First Advisors Inc.’s holdings in Welltower were worth $519,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Bruce G. Allen Investments LLC acquired a new position in shares of Welltower during the fourth quarter valued at about $25,000. Headlands Technologies LLC grew its holdings in shares of Welltower by 479.6% during the third quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 259 shares during the last quarter. First Capital Advisors Group LLC. acquired a new position in shares of Welltower during the second quarter valued at about $26,000. Compass Wealth Management LLC acquired a new position in shares of Welltower during the fourth quarter valued at about $26,000. Finally, FinTrust Capital Advisors LLC grew its holdings in shares of Welltower by 117.8% during the third quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 185 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Welltower from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $92.00 to $99.00 in a report on Monday, December 18th. StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a research report on Monday, March 18th. Deutsche Bank Aktiengesellschaft began coverage on shares of Welltower in a research report on Tuesday, January 30th. They set a “buy” rating and a $115.00 price target on the stock. BNP Paribas began coverage on shares of Welltower in a research report on Monday, March 18th. They set an “outperform” rating and a $104.00 price target on the stock. Finally, KeyCorp raised their price target on shares of Welltower from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Friday, January 5th. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $93.69.

Welltower Stock Performance

Shares of NYSE WELL traded up $0.64 during midday trading on Thursday, hitting $93.44. The company’s stock had a trading volume of 3,428,340 shares, compared to its average volume of 2,643,764. The stock has a fifty day moving average price of $90.67 and a 200 day moving average price of $88.08. Welltower Inc. has a one year low of $69.68 and a one year high of $94.63. The company has a current ratio of 3.22, a quick ratio of 3.22 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $53.16 billion, a price-to-earnings ratio of 146.00, a P/E/G ratio of 2.32 and a beta of 1.08.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.15 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.79). The firm had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.72 billion. Welltower had a net margin of 5.12% and a return on equity of 1.47%. Welltower’s revenue was up 15.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.83 EPS. On average, research analysts forecast that Welltower Inc. will post 4.02 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Investors of record on Friday, February 23rd were paid a dividend of $0.61 per share. The ex-dividend date was Thursday, February 22nd. This represents a $2.44 annualized dividend and a yield of 2.61%. Welltower’s dividend payout ratio is currently 381.26%.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.