48,229 Shares in Welltower Inc. (NYSE:WELL) Bought by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR purchased a new position in Welltower Inc. (NYSE:WELL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 48,229 shares of the real estate investment trust’s stock, valued at approximately $6,078,000.

A number of other hedge funds also recently modified their holdings of WELL. Retirement Systems of Alabama grew its position in Welltower by 3.7% in the third quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust’s stock valued at $60,228,000 after acquiring an additional 16,946 shares during the last quarter. Vestmark Advisory Solutions Inc. grew its position in Welltower by 120.3% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust’s stock valued at $1,817,000 after acquiring an additional 7,872 shares during the last quarter. Barclays PLC grew its position in Welltower by 29.2% in the third quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock valued at $215,659,000 after acquiring an additional 380,888 shares during the last quarter. Park Avenue Securities LLC grew its position in Welltower by 20.1% in the fourth quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust’s stock valued at $1,696,000 after acquiring an additional 2,250 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC grew its position in Welltower by 17.3% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,936,954 shares of the real estate investment trust’s stock valued at $244,114,000 after acquiring an additional 285,015 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Down 0.9 %

Shares of NYSE:WELL opened at $149.92 on Wednesday. The company has a market capitalization of $96.14 billion, a PE ratio of 96.10, a price-to-earnings-growth 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. The business has a fifty day moving average price of $142.19 and a two-hundred day moving average price of $134.25. Welltower Inc. has a 1 year low of $87.87 and a 1 year high of $158.55.

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

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.79%. Welltower’s dividend payout ratio is presently 171.79%.

Analyst Ratings Changes

Several analysts have recently weighed in on WELL shares. Raymond James boosted their price target on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. Scotiabank boosted their price target on Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a report on Thursday, March 6th. Wells Fargo & Company lifted their price objective on Welltower from $140.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Monday, March 10th. Royal Bank of Canada raised Welltower from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $146.00 to $168.00 in a research note on Friday, February 28th. Finally, Mizuho boosted their price objective on Welltower from $141.00 to $170.00 and gave the company an “outperform” rating in a report on Tuesday. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $156.46.

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.