715 Shares in Welltower Inc. (NYSE:WELL) Purchased by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC acquired a new position in shares of Welltower Inc. (NYSE:WELL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 715 shares of the real estate investment trust’s stock, valued at approximately $90,000.

Several other large investors have also made changes to their positions in the business. Wellington Management Group LLP lifted its position in shares of Welltower by 10.6% during 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 purchasing an additional 1,797,330 shares during the last quarter. FMR LLC raised its holdings 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 valued at $1,847,289,000 after acquiring an additional 3,977,845 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings 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 valued at $886,022,000 after acquiring an additional 5,982,711 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings 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 valued at $776,657,000 after acquiring an additional 46,332 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings 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 valued at $489,585,000 after acquiring an additional 117,170 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Wedbush raised Welltower from a “neutral” rating to an “outperform” rating and upped their price target for the company from $145.00 to $167.00 in a report on Friday, February 14th. Mizuho upped their price target on Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Bank of America upped their price target on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Scotiabank upped their price objective on Welltower from $165.00 to $166.00 and gave the company a “sector outperform” rating in a research note on Thursday, March 6th. Finally, StockNews.com lowered Welltower from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $150.19.

Welltower Stock Up 2.3 %

NYSE WELL opened at $151.22 on Tuesday. The firm has a market cap of $96.98 billion, a PE ratio of 96.93, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20. Welltower Inc. has a one year low of $87.87 and a one year high of $158.55. The stock’s 50 day simple moving average is $141.68 and its 200 day simple moving average is $134.04. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22.

Welltower (NYSE:WELL) last released 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%. As a group, sell-side analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th were given a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a yield of 1.77%. Welltower’s payout ratio is 171.79%.

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.