Xponance Inc. Increases Stake in Welltower Inc. (NYSE:WELL)

Xponance Inc. grew its position in Welltower Inc. (NYSE:WELL) by 8.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,087 shares of the real estate investment trust’s stock after acquiring an additional 6,946 shares during the quarter. Xponance Inc.’s holdings in Welltower were worth $11,354,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. Wellington Management Group LLP increased its stake in Welltower by 10.6% in the 3rd quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock worth $2,392,349,000 after buying an additional 1,797,330 shares during the period. FMR LLC increased its stake in Welltower by 38.1% in the 3rd quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock worth $1,847,289,000 after buying an additional 3,977,845 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Welltower by 638.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock worth $886,022,000 after buying an additional 5,982,711 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Welltower by 0.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust’s stock worth $776,657,000 after buying an additional 46,332 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Welltower by 3.1% in the 4th quarter. Bank of New York Mellon Corp now owns 3,884,674 shares of the real estate investment trust’s stock worth $489,585,000 after buying an additional 117,170 shares during the period. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Down 0.9 %

Shares of Welltower stock opened at $149.92 on Wednesday. The firm’s 50 day moving average price is $142.19 and its 200-day moving average price is $134.25. 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 52-week low of $87.87 and a 52-week high of $158.55. The company has a market cap of $96.14 billion, a P/E ratio of 96.10, a PEG ratio of 2.87 and a beta of 1.20.

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

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.79%. The ex-dividend date was Tuesday, February 25th. Welltower’s payout ratio is 171.79%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WELL. Raymond James raised their price target 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. Scotiabank increased their target price on shares of Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a report on Thursday, March 6th. Wells Fargo & Company increased their target price on shares of Welltower from $140.00 to $158.00 and gave the stock an “equal weight” rating in a report on Monday, March 10th. Bank of America increased their target price on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Finally, Mizuho increased their target price on shares of Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a report on Tuesday. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $156.46.

Welltower Company 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.