Capital Square LLC Buys 1,959 Shares of Welltower Inc. (NYSE:WELL)

Capital Square LLC grew its holdings in shares of Welltower Inc. (NYSE:WELL) by 42.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,595 shares of the real estate investment trust’s stock after purchasing an additional 1,959 shares during the quarter. Capital Square LLC’s holdings in Welltower were worth $902,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Laurel Wealth Advisors LLC purchased a new stake in Welltower in the 4th quarter worth approximately $25,000. Roxbury Financial LLC purchased a new stake in Welltower in the 4th quarter worth $26,000. Sierra Ocean LLC bought a new position in Welltower during the fourth quarter valued at approximately $28,000. Versant Capital Management Inc boosted its position in shares of 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 during the last quarter. Finally, First Command Advisory Services Inc. purchased a new position in shares of Welltower in the 4th quarter worth $50,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Stock Down 0.5 %

NYSE:WELL opened at $145.82 on Thursday. The firm has a market capitalization of $94.55 billion, a P/E ratio of 93.47, a PEG ratio of 2.87 and a beta of 0.93. The company’s fifty day moving average price is $148.16 and its 200-day moving average price is $137.23. Welltower Inc. has a 1-year low of $88.31 and a 1-year high of $158.55. 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 data 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%. As a group, equities research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were paid a dividend of $0.67 per share. The ex-dividend date was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.84%. Welltower’s payout ratio is 171.79%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Scotiabank boosted their target price on Welltower from $165.00 to $166.00 and gave the company a “sector outperform” rating in a research report on Thursday, March 6th. Wells Fargo & Company raised shares of Welltower from an “equal weight” rating to an “overweight” rating and set a $158.00 price target for the company in a research note on Tuesday, April 8th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and upped their price objective for the stock from $132.00 to $147.00 in a research note on Thursday, January 2nd. Mizuho upped their target price on Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a report on Tuesday, March 18th. Finally, StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a research report on Wednesday, March 26th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, ten have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and an average price target 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.