Welltower Inc. (NYSE:WELL) Shares Sold by Personal CFO Solutions LLC

Personal CFO Solutions LLC lessened its stake in shares of Welltower Inc. (NYSE:WELL) by 16.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,186 shares of the real estate investment trust’s stock after selling 614 shares during the quarter. Personal CFO Solutions LLC’s holdings in Welltower were worth $402,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Amundi boosted its holdings in Welltower by 18.5% during the fourth quarter. Amundi now owns 3,773,827 shares of the real estate investment trust’s stock worth $477,314,000 after buying an additional 589,255 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its holdings in Welltower by 3.0% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 4,538 shares of the real estate investment trust’s stock worth $572,000 after buying an additional 133 shares in the last quarter. Fairfield Financial Advisors LTD boosted its holdings in Welltower by 4.7% during the fourth quarter. Fairfield Financial Advisors LTD now owns 15,624 shares of the real estate investment trust’s stock worth $1,969,000 after buying an additional 703 shares in the last quarter. Naviter Wealth LLC boosted its holdings in Welltower by 14.7% during the fourth quarter. Naviter Wealth LLC now owns 36,788 shares of the real estate investment trust’s stock worth $4,636,000 after buying an additional 4,726 shares in the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. bought a new stake in Welltower during the fourth quarter worth approximately $3,983,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on WELL. Wedbush upgraded shares of Welltower from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $145.00 to $167.00 in a report on Friday, February 14th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and raised their price objective for the stock from $132.00 to $147.00 in a research note on Thursday, January 2nd. Bank of America raised their price objective on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research note on Tuesday, February 18th. Raymond James raised their price objective on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 16th. Finally, StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, ten have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Welltower presently has a consensus rating of “Moderate Buy” and a consensus target price of $148.42.

Welltower Stock Down 1.2 %

Welltower stock opened at $147.22 on Monday. The company has a market capitalization of $94.41 billion, a P/E ratio of 94.37, a P/E/G ratio of 2.87 and a beta of 1.20. The firm’s fifty day simple moving average is $138.99 and its 200-day simple moving average is $132.86. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $158.55.

Welltower (NYSE:WELL) last released its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. Sell-side analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.82%. Welltower’s dividend payout ratio is currently 171.79%.

Welltower 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.