Welltower Inc. (NYSE:WELL) Shares Bought by APG Asset Management N.V.

APG Asset Management N.V. grew its stake in Welltower Inc. (NYSE:WELL) by 5,100.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 332,178 shares of the real estate investment trust’s stock after acquiring an additional 325,791 shares during the period. APG Asset Management N.V. owned about 0.05% of Welltower worth $40,429,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Retirement Systems of Alabama grew its position in Welltower by 3.7% in the 3rd quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust’s stock valued at $60,228,000 after acquiring an additional 16,946 shares in the last quarter. Vestmark Advisory Solutions Inc. boosted its stake in shares of Welltower by 120.3% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust’s stock valued at $1,817,000 after purchasing an additional 7,872 shares during the period. Barclays PLC grew its holdings in shares of Welltower by 29.2% in the third quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock valued at $215,659,000 after purchasing an additional 380,888 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Welltower by 30.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 544,838 shares of the real estate investment trust’s stock worth $68,666,000 after buying an additional 128,090 shares during the period. Finally, Park Avenue Securities LLC increased its stake in Welltower by 20.1% during the 4th quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust’s stock worth $1,696,000 after buying an additional 2,250 shares during the period. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Stock Down 1.7 %

Welltower stock opened at $136.50 on Wednesday. The stock has a 50-day simple moving average of $147.65 and a 200-day simple moving average of $136.58. The company has a market capitalization of $88.51 billion, a P/E ratio of 87.50, a PEG ratio of 2.87 and a beta of 0.93. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. Welltower Inc. has a fifty-two week low of $87.87 and a fifty-two week high of $158.55.

Welltower (NYSE:WELL) last posted its quarterly earnings data 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%. Equities research analysts expect that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were issued a $0.67 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.96%. Welltower’s payout ratio is 171.79%.

Analysts Set New Price Targets

A number of research firms have issued reports on WELL. Royal Bank of Canada raised Welltower from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $146.00 to $168.00 in a research report on Friday, February 28th. Evercore ISI raised their target price on shares of Welltower from $144.00 to $145.00 and gave the company an “in-line” rating in a report on Tuesday, March 4th. Raymond James boosted their price target 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. Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $145.00 to $167.00 in a research report on Friday, February 14th. Finally, Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and boosted their target price for the stock from $132.00 to $147.00 in a research note on Thursday, January 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned 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 company currently has an average 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.