Welltower Inc. (NYSE:WELL) Stake Boosted by Gallagher Fiduciary Advisors LLC

Gallagher Fiduciary Advisors LLC raised its holdings in shares of Welltower Inc. (NYSE:WELL) by 5.1% in the 4th quarter, Holdings Channel reports. The firm owned 9,365 shares of the real estate investment trust’s stock after purchasing an additional 458 shares during the quarter. Gallagher Fiduciary Advisors LLC’s holdings in Welltower were worth $1,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Mather Group LLC. grew its position in shares of Welltower by 3.8% during the 4th quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust’s stock valued at $259,000 after buying an additional 75 shares during the last quarter. Childress Capital Advisors LLC grew its holdings in shares of Welltower by 3.7% during the fourth quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust’s stock valued at $271,000 after purchasing an additional 76 shares during the last quarter. Woodmont Investment Counsel LLC raised its position in shares of Welltower by 3.8% during the 4th quarter. Woodmont Investment Counsel LLC now owns 2,213 shares of the real estate investment trust’s stock worth $279,000 after purchasing an additional 81 shares during the period. Wealthspire Advisors LLC lifted its holdings in shares of Welltower by 2.5% in the 4th quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust’s stock worth $435,000 after purchasing an additional 83 shares during the last quarter. Finally, Graypoint LLC lifted its holdings in shares of Welltower by 2.5% in the 4th quarter. Graypoint LLC now owns 3,427 shares of the real estate investment trust’s stock worth $432,000 after purchasing an additional 84 shares during the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WELL has been the subject of a number of recent research reports. Evercore ISI upped their price objective on Welltower from $145.00 to $157.00 and gave the stock an “in-line” rating in a research note on Thursday. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and increased their price objective for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Wells Fargo & Company reissued an “equal weight” rating on shares of Welltower in a research note on Thursday, April 17th. Wedbush restated an “underperform” rating on shares of Welltower in a research note on Thursday, April 17th. Finally, StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a report on Wednesday. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $157.46.

Welltower Stock Down 1.4 %

WELL opened at $150.39 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The company has a market capitalization of $97.98 billion, a PE ratio of 96.40, a P/E/G ratio of 2.87 and a beta of 0.93. The stock’s fifty day moving average is $148.09 and its 200-day moving average is $138.93. Welltower Inc. has a one year low of $93.72 and a one year high of $158.55.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, topping the consensus estimate of $1.15 by $0.05. Welltower had a net margin of 11.91% and a return on equity of 3.15%. The firm had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same period in the previous year, the business earned $1.01 earnings per share. Welltower’s revenue for the quarter was up 30.3% compared to the same quarter last year. On average, equities analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Wednesday, May 14th. Welltower’s payout ratio is 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.