Xponance Inc. Has $6.42 Million Position in Welltower Inc. (NYSE:WELL)

Xponance Inc. lifted its holdings in shares of Welltower Inc. (NYSE:WELL) by 7.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 71,224 shares of the real estate investment trust’s stock after buying an additional 4,944 shares during the period. Xponance Inc.’s holdings in Welltower were worth $6,422,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of WELL. Bruce G. Allen Investments LLC bought a new position in Welltower in the fourth quarter valued at approximately $25,000. Headlands Technologies LLC lifted its stake in Welltower by 479.6% in the third quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 259 shares during the last quarter. First Capital Advisors Group LLC. bought a new position in shares of Welltower in the 2nd quarter valued at about $26,000. Compass Wealth Management LLC bought a new position in shares of Welltower in the 4th quarter valued at about $26,000. Finally, FinTrust Capital Advisors LLC increased its stake in shares of Welltower by 117.8% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 185 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of NYSE:WELL opened at $91.32 on Friday. The company’s 50 day simple moving average is $91.83 and its 200 day simple moving average is $88.99. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.22 and a quick ratio of 3.22. Welltower Inc. has a 1 year low of $72.47 and a 1 year high of $94.63. The stock has a market capitalization of $53.97 billion, a price-to-earnings ratio of 142.69, a price-to-earnings-growth ratio of 2.31 and a beta of 1.08.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, February 13th. The real estate investment trust reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.79). Welltower had a return on equity of 1.47% and a net margin of 5.12%. The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.72 billion. During the same period last year, the firm posted $0.83 EPS. Welltower’s quarterly revenue was up 15.2% on a year-over-year basis. As a group, research analysts predict that Welltower Inc. will post 4.03 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Investors of record on Friday, February 23rd were issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 2.67%. The ex-dividend date was Thursday, February 22nd. Welltower’s dividend payout ratio (DPR) is 381.26%.

Analyst Ratings Changes

Several brokerages recently issued reports on WELL. Scotiabank cut their target price on shares of Welltower from $97.00 to $96.00 and set a “sector outperform” rating for the company in a research note on Monday, March 4th. Mizuho increased their price target on Welltower from $90.00 to $98.00 and gave the company a “buy” rating in a research note on Wednesday, January 3rd. KeyCorp upped their price objective on shares of Welltower from $90.00 to $95.00 and gave the company an “overweight” rating in a report on Friday, January 5th. StockNews.com downgraded shares of Welltower from a “hold” rating to a “sell” rating in a report on Friday, March 29th. Finally, BNP Paribas started coverage on shares of Welltower in a research report on Monday, March 18th. They set an “outperform” rating and a $104.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $95.57.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.