SRS Capital Advisors Inc. Buys 521 Shares of Welltower Inc. (NYSE:WELL)

SRS Capital Advisors Inc. grew its stake in shares of Welltower Inc. (NYSE:WELL) by 100.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,039 shares of the real estate investment trust’s stock after purchasing an additional 521 shares during the period. SRS Capital Advisors Inc.’s holdings in Welltower were worth $131,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of WELL. Laurel Wealth Advisors LLC purchased a new stake in Welltower in the fourth quarter worth about $25,000. Roxbury Financial LLC bought a new stake in shares of Welltower during the fourth quarter valued at approximately $26,000. Sierra Ocean LLC purchased a new stake in Welltower in the fourth quarter worth $28,000. Versant Capital Management Inc raised its holdings in Welltower by 165.5% in the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 187 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in Welltower in the third quarter worth $50,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Up 0.7 %

Shares of Welltower stock opened at $154.95 on Thursday. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. Welltower Inc. has a twelve month low of $87.87 and a twelve month high of $158.55. The company has a market cap of $99.37 billion, a price-to-earnings ratio of 99.33, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20. The company’s 50 day moving average is $138.10 and its 200 day moving average is $132.30.

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 the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend is Tuesday, February 25th. Welltower’s payout ratio is currently 171.79%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on WELL shares. Bank of America upped their target price on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research report on Tuesday, February 18th. Evercore ISI boosted their price objective on shares of Welltower from $144.00 to $145.00 and gave the stock an “in-line” rating in a research note on Tuesday. Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and raised their target price for the company from $145.00 to $167.00 in a research note on Friday, February 14th. Mizuho boosted their price target on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Finally, Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and raised their price objective for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $148.35.

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.