Quent Capital LLC Purchases 236 Shares of Welltower Inc. (NYSE:WELL)

Quent Capital LLC lifted its position in shares of Welltower Inc. (NYSE:WELL) by 31.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 995 shares of the real estate investment trust’s stock after purchasing an additional 236 shares during the period. Quent Capital LLC’s holdings in Welltower were worth $125,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cigna Investments Inc. New lifted its stake in shares of Welltower by 2.0% in the fourth quarter. Cigna Investments Inc. New now owns 6,313 shares of the real estate investment trust’s stock worth $795,000 after acquiring an additional 126 shares during the period. Stonebridge Financial Group LLC acquired a new position in shares of Welltower in the fourth quarter worth approximately $435,000. Focus Financial Network Inc. lifted its stake in shares of Welltower by 12.4% in the fourth quarter. Focus Financial Network Inc. now owns 1,863 shares of the real estate investment trust’s stock worth $235,000 after acquiring an additional 206 shares during the period. Summit Trail Advisors LLC lifted its stake in shares of Welltower by 21.6% in the fourth quarter. Summit Trail Advisors LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after acquiring an additional 742 shares during the period. Finally, Savant Capital LLC lifted its stake in shares of Welltower by 45.9% in the fourth quarter. Savant Capital LLC now owns 8,971 shares of the real estate investment trust’s stock worth $1,131,000 after acquiring an additional 2,823 shares during the period. 94.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on WELL shares. Bank of America lifted their price objective on Welltower from $190.00 to $221.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Scotiabank lifted their price objective on Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research note on Monday, January 27th. Mizuho lifted their price objective on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and boosted their price target for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd. Finally, StockNews.com raised Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $134.96.

Welltower Price Performance

Shares of NYSE:WELL opened at $146.49 on Thursday. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51. Welltower Inc. has a twelve month low of $85.40 and a twelve month high of $148.50. The stock’s 50 day moving average is $130.73 and its 200-day moving average is $128.27. The firm has a market capitalization of $91.22 billion, a price-to-earnings ratio of 96.38, a PEG ratio of 2.83 and a beta of 1.23.

Welltower (NYSE:WELL) last issued its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.73. Welltower had a return on equity of 3.20% and a net margin of 12.22%. Sell-side analysts forecast that Welltower Inc. will post 4.3 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date is Tuesday, February 25th. Welltower’s payout ratio is 176.32%.

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.