Focus Financial Network Inc. Has $235,000 Position in Welltower Inc. (NYSE:WELL)

Focus Financial Network Inc. raised its position in Welltower Inc. (NYSE:WELL) by 12.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,863 shares of the real estate investment trust’s stock after buying an additional 206 shares during the quarter. Focus Financial Network Inc.’s holdings in Welltower were worth $235,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Summit Trail Advisors LLC increased its position in Welltower by 21.6% during 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. Savant Capital LLC grew its position in shares of Welltower by 45.9% during the 4th quarter. Savant Capital LLC now owns 8,971 shares of the real estate investment trust’s stock worth $1,131,000 after purchasing an additional 2,823 shares in the last quarter. Harbour Trust & Investment Management Co increased its holdings in shares of Welltower by 0.3% during the fourth quarter. Harbour Trust & Investment Management Co now owns 55,685 shares of the real estate investment trust’s stock worth $7,018,000 after purchasing an additional 140 shares during the period. Liberty Capital Management Inc. raised its position in shares of Welltower by 2.2% in the fourth quarter. Liberty Capital Management Inc. now owns 16,529 shares of the real estate investment trust’s stock valued at $2,083,000 after buying an additional 350 shares in the last quarter. Finally, Kestra Private Wealth Services LLC boosted its stake in shares of Welltower by 2.9% in the fourth quarter. Kestra Private Wealth Services LLC now owns 25,923 shares of the real estate investment trust’s stock valued at $3,267,000 after buying an additional 720 shares during the period. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and lifted their price objective for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Scotiabank boosted their price target on Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research note on Monday, January 27th. Wedbush upgraded shares of Welltower from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $145.00 to $167.00 in a research note on Friday. Bank of America boosted their target price on shares of Welltower from $190.00 to $221.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, StockNews.com cut shares of Welltower from a “hold” rating to a “sell” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus target price of $138.58.

Welltower Stock Performance

Shares of WELL stock opened at $150.03 on Friday. The firm has a market capitalization of $93.42 billion, a price-to-earnings ratio of 98.70, a PEG ratio of 2.83 and a beta of 1.23. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51. The business’s 50-day moving average price is $131.37 and its 200-day moving average price is $128.56. Welltower Inc. has a 12 month low of $87.87 and a 12 month high of $151.96.

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

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend is Tuesday, February 25th. Welltower’s dividend payout ratio is currently 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.