Sentry Investment Management LLC Makes New Investment in Welltower Inc. (NYSE:WELL)

Sentry Investment Management LLC purchased a new stake in shares of Welltower Inc. (NYSE:WELL) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,332 shares of the real estate investment trust’s stock, valued at approximately $294,000.

Other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC lifted its stake in shares of Welltower by 21,236.0% in the third quarter. International Assets Investment Management LLC now owns 173,888 shares of the real estate investment trust’s stock worth $22,263,000 after acquiring an additional 173,073 shares during the period. Assenagon Asset Management S.A. raised its holdings in Welltower by 19.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 20,566 shares of the real estate investment trust’s stock worth $2,633,000 after purchasing an additional 3,335 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Welltower by 0.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 120,134 shares of the real estate investment trust’s stock worth $15,381,000 after purchasing an additional 704 shares during the period. GHP Investment Advisors Inc. boosted its stake in shares of Welltower by 14.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 775 shares of the real estate investment trust’s stock valued at $99,000 after purchasing an additional 96 shares during the last quarter. Finally, Modera Wealth Management LLC bought a new stake in shares of Welltower in the 3rd quarter valued at $223,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on WELL shares. Scotiabank boosted their target price on shares of Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a report on Monday, January 27th. Wedbush raised Welltower from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $145.00 to $167.00 in a research note on Friday, February 14th. StockNews.com lowered Welltower from a “hold” rating to a “sell” rating in a research report on Thursday, February 13th. Raymond James lifted their target price on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. Finally, Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and increased their price target for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and an average target price of $140.19.

Welltower Stock Performance

Shares of WELL stock opened at $151.75 on Wednesday. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. The firm has a fifty day simple moving average of $134.72 and a two-hundred day simple moving average of $130.85. Welltower Inc. has a 12 month low of $87.87 and a 12 month high of $152.81. The firm has a market capitalization of $97.32 billion, a PE ratio of 97.28, a price-to-earnings-growth ratio of 2.87 and a beta of 1.23.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. Analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend is Tuesday, February 25th. Welltower’s dividend payout ratio (DPR) 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.