Welltower Inc. (NYSE:WELL) Shares Bought by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC raised its position in Welltower Inc. (NYSE:WELL) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,886 shares of the real estate investment trust’s stock after buying an additional 122 shares during the period. Sage Mountain Advisors LLC’s holdings in Welltower were worth $490,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of WELL. Laurel Wealth Advisors LLC purchased a new position in shares of Welltower in the 4th quarter valued at about $25,000. Roxbury Financial LLC purchased a new stake in shares of Welltower in the fourth quarter valued at approximately $26,000. Sierra Ocean LLC purchased a new stake in shares of Welltower in the fourth quarter valued at approximately $28,000. Versant Capital Management Inc raised its stake in shares of Welltower by 165.5% during the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 187 shares during the period. Finally, Ashton Thomas Securities LLC purchased a new position in shares of Welltower during the 3rd quarter valued at approximately $50,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Price Performance

Shares of WELL opened at $147.19 on Wednesday. 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 market cap of $94.39 billion, a P/E ratio of 94.35, a PEG ratio of 2.87 and a beta of 1.20. The firm’s 50 day moving average price is $139.84 and its 200 day moving average price is $133.26. Welltower Inc. has a fifty-two week low of $87.87 and a fifty-two week high of $158.55.

Welltower (NYSE:WELL) last released its quarterly earnings data 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 net margin of 11.91% and a return on equity of 3.15%. On average, research analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were given a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 annualized dividend and a yield of 1.82%. Welltower’s dividend payout ratio (DPR) is 171.79%.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Bank of America increased their target price on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Raymond James lifted their price objective on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Monday, December 16th. Mizuho raised their target price on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Finally, Evercore ISI upped their price objective on shares of Welltower from $144.00 to $145.00 and gave the company an “in-line” rating in a report on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, ten have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $150.19.

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.