Integrated Advisors Network LLC Increases Stock Holdings in Welltower Inc. (NYSE:WELL)

Integrated Advisors Network LLC lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,821 shares of the real estate investment trust’s stock after buying an additional 115 shares during the period. Integrated Advisors Network LLC’s holdings in Welltower were worth $608,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of WELL. Brighton Jones LLC boosted its position in shares of Welltower by 7.1% during the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock valued at $527,000 after buying an additional 279 shares during the last quarter. RFG Advisory LLC bought a new stake in Welltower during the fourth quarter worth $238,000. Kingswood Wealth Advisors LLC bought a new stake in Welltower during the fourth quarter worth $512,000. Blue Trust Inc. lifted its holdings in Welltower by 32.4% during the fourth quarter. Blue Trust Inc. now owns 7,532 shares of the real estate investment trust’s stock worth $964,000 after acquiring an additional 1,844 shares during the period. Finally, KBC Group NV lifted its holdings in Welltower by 78.7% during the fourth quarter. KBC Group NV now owns 396,776 shares of the real estate investment trust’s stock worth $50,005,000 after acquiring an additional 174,771 shares during the period. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of NYSE WELL opened at $152.53 on Wednesday. The stock has a market cap of $99.75 billion, a PE ratio of 97.78, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94. Welltower Inc. has a fifty-two week low of $99.95 and a fifty-two week high of $158.55. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The stock has a fifty day moving average of $147.63 and a 200-day moving average of $140.93.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.05. The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.40 billion. Welltower had a return on equity of 3.15% and a net margin of 11.91%. The firm’s quarterly revenue was up 30.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.01 earnings per share. Equities research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.76%. The ex-dividend date was Wednesday, May 14th. Welltower’s payout ratio is 154.02%.

Analyst Ratings Changes

A number of brokerages recently commented on WELL. Scotiabank lifted their price target on Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a report on Thursday, March 6th. Morgan Stanley lifted their price target on Welltower from $155.00 to $160.00 and gave the stock an “overweight” rating in a report on Tuesday, May 6th. Mizuho lifted their price target on Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a report on Tuesday, March 18th. Evercore ISI lifted their price target on Welltower from $145.00 to $157.00 and gave the stock an “in-line” rating in a report on Thursday, May 1st. Finally, Royal Bank of Canada upgraded Welltower from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from $146.00 to $168.00 in a research note on Friday, February 28th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $161.83.

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.