Welltower Inc. (NYSE:WELL) Holdings Raised by UBS Group AG

UBS Group AG increased its position in shares of Welltower Inc. (NYSE:WELL) by 147.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,072,283 shares of the real estate investment trust’s stock after purchasing an additional 639,355 shares during the quarter. UBS Group AG’s holdings in Welltower were worth $96,688,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Bruce G. Allen Investments LLC acquired a new stake in shares of Welltower in the 4th quarter worth about $25,000. Headlands Technologies LLC raised its holdings in shares of Welltower by 479.6% during the third quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 259 shares during the last quarter. Salem Investment Counselors Inc. boosted its position in shares of Welltower by 84.0% during the fourth quarter. Salem Investment Counselors Inc. now owns 425 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 194 shares during the period. Financial Gravity Asset Management Inc. bought a new position in Welltower in the 3rd quarter worth approximately $38,000. Finally, Rational Advisors LLC acquired a new stake in Welltower in the 3rd quarter valued at approximately $43,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

WELL has been the subject of several recent analyst reports. Scotiabank increased their price target on Welltower from $96.00 to $108.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 16th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Welltower in a research note on Tuesday, January 30th. They set a “buy” rating and a $115.00 price objective on the stock. BNP Paribas assumed coverage on Welltower in a research note on Monday, March 18th. They set an “outperform” rating and a $104.00 target price for the company. StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, Mizuho upped their price target on Welltower from $98.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, May 8th. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $96.93.

Welltower Trading Up 0.8 %

NYSE:WELL opened at $101.87 on Thursday. The stock has a market cap of $60.91 billion, a PE ratio of 125.77, a price-to-earnings-growth ratio of 2.40 and a beta of 1.07. Welltower Inc. has a fifty-two week low of $72.47 and a fifty-two week high of $102.66. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.83 and a quick ratio of 3.83. The stock’s 50-day moving average is $94.18 and its two-hundred day moving average is $91.19.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, April 29th. The real estate investment trust reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.72). Welltower had a net margin of 6.37% and a return on equity of 1.77%. The company had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the previous year, the firm posted $0.85 earnings per share. The business’s revenue for the quarter was up 19.2% on a year-over-year basis. As a group, equities research analysts forecast that Welltower Inc. will post 4.11 earnings per share for the current fiscal year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 22nd. Shareholders of record on Monday, May 13th were paid a $0.61 dividend. The ex-dividend date was Friday, May 10th. This represents a $2.44 dividend on an annualized basis and a yield of 2.40%. Welltower’s dividend payout ratio (DPR) is currently 301.23%.

Welltower 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.