Janus Henderson Group PLC Reduces Stock Position in Welltower Inc. (NYSE:WELL)

Janus Henderson Group PLC lowered its position in shares of Welltower Inc. (NYSE:WELL) by 48.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 578,584 shares of the real estate investment trust’s stock after selling 534,528 shares during the period. Janus Henderson Group PLC owned about 0.09% of Welltower worth $72,843,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in WELL. Laurel Wealth Advisors LLC purchased a new stake in Welltower during the 4th quarter valued at $25,000. Roxbury Financial LLC purchased a new stake in Welltower during the 4th quarter valued at $26,000. Sierra Ocean LLC purchased a new stake in Welltower during the 4th quarter valued at $28,000. First Command Advisory Services Inc. purchased a new stake in Welltower during the 4th quarter valued at $50,000. Finally, Cape Investment Advisory Inc. purchased a new stake in Welltower during the 4th quarter valued at $53,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

WELL has been the subject of several analyst reports. Scotiabank increased their price target on shares of Welltower from $165.00 to $166.00 and gave the company a “sector outperform” rating in a research report on Thursday, March 6th. Bank of America raised their target price on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research report on Tuesday, February 18th. StockNews.com cut shares of Welltower from a “hold” rating to a “sell” rating in a research report on Thursday, May 8th. Mizuho raised their target price on shares of Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 18th. Finally, Evercore ISI raised their target price on shares of Welltower from $145.00 to $157.00 and gave the stock an “in-line” rating in a research report on Thursday, May 1st. Two analysts have rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $161.83.

Welltower Stock Down 0.2%

Shares of Welltower stock opened at $145.37 on Wednesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. The company has a 50-day moving average of $147.48 and a 200 day moving average of $140.00. The firm has a market cap of $95.07 billion, a price-to-earnings ratio of 93.19, a PEG ratio of 2.87 and a beta of 0.94. Welltower Inc. has a 1 year low of $98.66 and a 1 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.05. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. Welltower had a net margin of 11.91% and a return on equity of 3.15%. Welltower’s quarterly revenue was up 30.3% compared to the same quarter last year. During the same period last year, the business earned $1.01 EPS. As a group, sell-side analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.67 per share. The ex-dividend date is Wednesday, May 14th. This represents a $2.68 dividend on an annualized basis and a yield of 1.84%. Welltower’s dividend payout ratio is currently 154.02%.

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.