Welltower Inc. (NYSE:WELL) Stock Position Lifted by Prudent Man Advisors LLC

Prudent Man Advisors LLC increased its position in shares of Welltower Inc. (NYSE:WELL) by 6.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,774 shares of the real estate investment trust’s stock after purchasing an additional 271 shares during the period. Prudent Man Advisors LLC’s holdings in Welltower were worth $602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of WELL. Laurel Wealth Advisors LLC bought a new position in Welltower during the 4th quarter worth $25,000. Roxbury Financial LLC acquired a new position in shares of Welltower during the fourth quarter valued at $26,000. Sierra Ocean LLC acquired a new stake in shares of Welltower in the 4th quarter worth about $28,000. Versant Capital Management Inc boosted its stake in Welltower by 165.5% during the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 187 shares during the period. Finally, Ashton Thomas Securities LLC acquired a new position in Welltower during the 3rd quarter valued at about $50,000. 94.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

WELL has been the topic of several recent analyst reports. Bank of America lifted their target price on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research note on Tuesday, February 18th. Raymond James upped their price objective on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. StockNews.com cut shares of Welltower from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th. Royal Bank of Canada upgraded Welltower from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from $146.00 to $168.00 in a research report on Friday. Finally, 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. One investment analyst has rated the stock with a sell rating, two have given a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $145.96.

Welltower Price Performance

NYSE WELL opened at $153.54 on Friday. The company has a market cap of $98.47 billion, a P/E ratio of 98.42, a P/E/G ratio of 2.87 and a beta of 1.23. Welltower Inc. has a 1 year low of $87.87 and a 1 year high of $153.90. 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 company has a fifty day simple moving average of $136.36 and a 200 day simple moving average of $131.38.

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

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.75%. The ex-dividend date of this dividend is Tuesday, February 25th. Welltower’s payout ratio is presently 171.79%.

About Welltower

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.