O ROURKE & COMPANY Inc Trims Holdings in Welltower Inc. (NYSE:WELL)

O ROURKE & COMPANY Inc lowered its position in shares of Welltower Inc. (NYSE:WELL) by 7.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 15,144 shares of the real estate investment trust’s stock after selling 1,133 shares during the period. Welltower accounts for 0.9% of O ROURKE & COMPANY Inc’s investment portfolio, making the stock its 26th largest holding. O ROURKE & COMPANY Inc’s holdings in Welltower were worth $1,909,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Laurel Wealth Advisors LLC bought a new position in Welltower in the 4th quarter worth $25,000. Roxbury Financial LLC bought a new position in shares of Welltower in the fourth quarter worth about $26,000. Sierra Ocean LLC purchased a new stake in shares of Welltower during the fourth quarter worth about $28,000. Versant Capital Management Inc raised 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 purchasing an additional 187 shares during the period. Finally, First Command Advisory Services Inc. purchased a new position in Welltower in the 4th quarter worth approximately $50,000. 94.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. StockNews.com downgraded shares of Welltower from a “hold” rating to a “sell” rating in a report on Wednesday, March 26th. Mizuho increased their price objective on shares of Welltower from $141.00 to $170.00 and gave the company an “outperform” rating in a report on Tuesday, March 18th. Bank of America raised their price objective on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Scotiabank boosted their target price on Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a research report on Thursday, March 6th. Finally, Evercore ISI increased their target price on Welltower from $144.00 to $145.00 and gave the company an “in-line” rating in a research report on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and a consensus target price of $156.46.

Welltower Stock Up 0.6 %

NYSE WELL opened at $142.66 on Friday. Welltower Inc. has a 52 week low of $87.87 and a 52 week high of $158.55. The firm has a market capitalization of $92.50 billion, a price-to-earnings ratio of 91.45, a PEG ratio of 2.87 and a beta of 0.93. 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 company has a fifty day moving average of $147.95 and a two-hundred day moving average of $136.90.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, beating the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. On average, analysts predict 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. Shareholders of record on Tuesday, February 25th were paid a $0.67 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a yield of 1.88%. Welltower’s payout ratio is 171.79%.

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.