Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in Welltower Inc. (NYSE:WELL – Free Report) by 16.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,181,037 shares of the real estate investment trust’s stock after selling 231,394 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Welltower were worth $210,390,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of WELL. Sachetta LLC grew its position in Welltower by 14.9% in the 3rd quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock valued at $80,000 after buying an additional 58 shares in the last quarter. PDS Planning Inc lifted its stake in shares of Welltower by 1.4% in the 3rd quarter. PDS Planning Inc now owns 4,326 shares of the real estate investment trust’s stock worth $771,000 after acquiring an additional 59 shares during the period. Values First Advisors Inc. boosted its holdings in shares of Welltower by 1.0% in the third quarter. Values First Advisors Inc. now owns 6,229 shares of the real estate investment trust’s stock valued at $1,110,000 after acquiring an additional 62 shares in the last quarter. Zions Bancorporation National Association UT boosted its holdings in shares of Welltower by 4.2% in the second quarter. Zions Bancorporation National Association UT now owns 1,604 shares of the real estate investment trust’s stock valued at $247,000 after acquiring an additional 65 shares in the last quarter. Finally, Cornerstone Wealth Group LLC raised its holdings in Welltower by 4.7% during the second quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock worth $225,000 after purchasing an additional 66 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.
Welltower Stock Performance
Welltower stock opened at $187.98 on Wednesday. Welltower Inc. has a fifty-two week low of $129.62 and a fifty-two week high of $209.05. The firm’s 50 day simple moving average is $192.73 and its 200-day simple moving average is $177.51. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 5.47. The company has a market cap of $129.01 billion, a P/E ratio of 129.64, a price-to-earnings-growth ratio of 1.38 and a beta of 0.86.
Welltower Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Tuesday, November 11th were given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, November 10th. Welltower’s payout ratio is presently 204.14%.
Analysts Set New Price Targets
WELL has been the topic of a number of research reports. National Bankshares set a $246.00 price objective on Welltower in a research note on Friday, October 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Welltower in a report on Monday, December 29th. Morgan Stanley upped their price target on shares of Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $205.00 price objective on shares of Welltower in a research note on Thursday, December 18th. Finally, UBS Group cut their target price on shares of Welltower from $232.00 to $228.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $204.80.
Get Our Latest Stock Report on WELL
Welltower Company Profile
Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.
The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.
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