Nomura Holdings Inc. Makes New $11.11 Million Investment in Welltower Inc. (NYSE:WELL)

Nomura Holdings Inc. purchased a new position in shares of Welltower Inc. (NYSE:WELL) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 88,167 shares of the real estate investment trust’s stock, valued at approximately $11,112,000.

Other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new position in shares of Welltower during the 4th quarter worth approximately $3,943,892,000. Northern Trust Corp grew its position in shares of Welltower by 53.5% during the 4th quarter. Northern Trust Corp now owns 8,430,496 shares of the real estate investment trust’s stock worth $1,062,495,000 after purchasing an additional 2,939,229 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Welltower by 2.7% during the 4th quarter. Vanguard Group Inc. now owns 98,295,258 shares of the real estate investment trust’s stock worth $12,388,151,000 after purchasing an additional 2,612,044 shares in the last quarter. Groupama Asset Managment boosted its position in shares of Welltower by 23,204.3% during the 4th quarter. Groupama Asset Managment now owns 1,900,000 shares of the real estate investment trust’s stock worth $2,183,000 after acquiring an additional 1,891,847 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Welltower by 9.7% in the fourth quarter. Bank of America Corp DE now owns 18,706,788 shares of the real estate investment trust’s stock valued at $2,357,617,000 after acquiring an additional 1,652,611 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Price Performance

WELL stock opened at $143.10 on Thursday. The company has a market capitalization of $93.58 billion, a P/E ratio of 91.73, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94. 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 52-week low of $99.30 and a 52-week high of $158.55. The business has a 50-day simple moving average of $147.40 and a two-hundred day simple moving average of $140.02.

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

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 14th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $2.68 annualized dividend and a dividend yield of 1.87%. Welltower’s dividend payout ratio is currently 154.02%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on WELL. Wedbush reissued an “underperform” rating on shares of Welltower in a research note on Thursday, April 17th. Morgan Stanley upped their price target on shares of Welltower from $155.00 to $160.00 and gave the stock an “overweight” rating in a report on Tuesday, May 6th. Wells Fargo & Company reiterated an “equal weight” rating on shares of Welltower in a report on Thursday, April 17th. Scotiabank upped their price target on shares of Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a report on Thursday, March 6th. Finally, Mizuho upped their price target on shares of Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a report on Tuesday, March 18th. Two analysts have rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, Welltower presently has a consensus rating of “Moderate Buy” and an average 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.