Sage Mountain Advisors LLC Boosts Stock Position in Welltower Inc. (NYSE:WELL)

Sage Mountain Advisors LLC raised its stake in Welltower Inc. (NYSE:WELL) by 3.2% during the 4th quarter, HoldingsChannel reports. The firm owned 3,886 shares of the real estate investment trust’s stock after acquiring an additional 122 shares during the period. Sage Mountain Advisors LLC’s holdings in Welltower were worth $490,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of WELL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Welltower by 638.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock valued at $886,022,000 after buying an additional 5,982,711 shares during the last quarter. FMR LLC boosted its holdings in shares of Welltower by 38.1% in the third quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock valued at $1,847,289,000 after acquiring an additional 3,977,845 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Welltower by 10.6% during the third quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock worth $2,392,349,000 after acquiring an additional 1,797,330 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Welltower during the fourth quarter worth about $90,565,000. Finally, Amundi raised its holdings in Welltower by 18.5% during the fourth quarter. Amundi now owns 3,773,827 shares of the real estate investment trust’s stock worth $477,314,000 after purchasing an additional 589,255 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Trading Up 0.7 %

Shares of Welltower stock opened at $147.19 on Wednesday. The business has a 50 day moving average price of $139.84 and a 200 day moving average price of $133.26. The company has a market capitalization of $94.39 billion, a P/E ratio of 94.35, a P/E/G ratio of 2.87 and a beta of 1.20. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. Welltower Inc. has a 1 year low of $87.87 and a 1 year high of $158.55.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Sell-side analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. StockNews.com lowered Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Mizuho upped their price target on shares of Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Wells Fargo & Company raised their price objective on shares of Welltower from $140.00 to $158.00 and gave the company an “equal weight” rating in a research note on Monday. Evercore ISI upped their target price on shares of Welltower from $144.00 to $145.00 and gave the stock an “in-line” rating in a research report on Tuesday, March 4th. Finally, Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and lifted their price target for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus 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.