Stokes Family Office LLC Acquires Shares of 4,387 Welltower Inc. (NYSE:WELL)

Stokes Family Office LLC acquired a new stake in shares of Welltower Inc. (NYSE:WELL) during the 4th quarter, HoldingsChannel reports. The firm acquired 4,387 shares of the real estate investment trust’s stock, valued at approximately $553,000.

Other large investors have also bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new position in Welltower during the 4th quarter valued at $25,000. Roxbury Financial LLC bought a new position in Welltower during the 4th quarter valued at $26,000. Sierra Ocean LLC bought a new position in Welltower during the 4th quarter valued at $28,000. Versant Capital Management Inc lifted 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 acquiring an additional 187 shares in the last quarter. Finally, First Command Advisory Services Inc. bought a new position in Welltower during the 4th quarter valued at $50,000. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Down 0.9 %

WELL stock opened at $149.92 on Wednesday. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $96.14 billion, a PE ratio of 96.10, a PEG ratio of 2.87 and a beta of 1.20. Welltower Inc. has a twelve month low of $87.87 and a twelve month high of $158.55. The stock has a 50-day simple moving average of $142.19 and a two-hundred day simple moving average of $134.25.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating 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, equities analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have recently commented on WELL shares. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and lifted their target price for the stock from $132.00 to $147.00 in a research note on Thursday, January 2nd. Mizuho lifted their target price on Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a research note on Tuesday. Scotiabank lifted their target price on Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a research note on Thursday, March 6th. Bank of America lifted their target price on Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research note on Tuesday, February 18th. Finally, Wedbush upgraded Welltower from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $145.00 to $167.00 in a research note on Friday, February 14th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $156.46.

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.