Personal CFO Solutions LLC Sells 614 Shares of Welltower Inc. (NYSE:WELL)

Personal CFO Solutions LLC trimmed its stake in Welltower Inc. (NYSE:WELL) by 16.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 3,186 shares of the real estate investment trust’s stock after selling 614 shares during the period. Personal CFO Solutions LLC’s holdings in Welltower were worth $402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Mather Group LLC. grew its position in Welltower by 3.8% in the 4th quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust’s stock worth $259,000 after purchasing an additional 75 shares during the last quarter. Childress Capital Advisors LLC grew its position in Welltower by 3.7% in the 4th quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust’s stock worth $271,000 after purchasing an additional 76 shares during the last quarter. Wealthspire Advisors LLC grew its position in Welltower by 2.5% in the 4th quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust’s stock worth $435,000 after purchasing an additional 83 shares during the last quarter. Graypoint LLC grew its position in Welltower by 2.5% in the 4th quarter. Graypoint LLC now owns 3,427 shares of the real estate investment trust’s stock worth $432,000 after purchasing an additional 84 shares during the last quarter. Finally, Investment Advisory Group LLC grew its position in Welltower by 1.8% in the 4th quarter. Investment Advisory Group LLC now owns 4,889 shares of the real estate investment trust’s stock worth $616,000 after purchasing an additional 85 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Price Performance

WELL opened at $147.22 on Monday. Welltower Inc. has a one year low of $87.87 and a one 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. The company’s 50 day simple moving average is $138.99 and its 200-day simple moving average is $132.86. The stock has a market capitalization of $94.41 billion, a P/E ratio of 94.37, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20.

Welltower (NYSE:WELL) last announced 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 net margin of 11.91% and a return on equity of 3.15%. Sell-side analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were issued 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 1.82%. Welltower’s payout ratio is 171.79%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Mizuho upped their target price on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Royal Bank of Canada raised shares of Welltower from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $146.00 to $168.00 in a research note on Friday, February 28th. Evercore ISI upped their target price on shares of Welltower from $144.00 to $145.00 and gave the company an “in-line” rating in a research note on Tuesday, March 4th. Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and upped their target price for the company from $145.00 to $167.00 in a research note on Friday, February 14th. Finally, Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and upped their target price for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and a consensus target price of $148.42.

Welltower 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.