Nicola Wealth Management LTD. Sells 1,100 Shares of Welltower Inc. (NYSE:WELL)

Nicola Wealth Management LTD. lowered its holdings in Welltower Inc. (NYSE:WELL) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,695 shares of the real estate investment trust’s stock after selling 1,100 shares during the quarter. Nicola Wealth Management LTD.’s holdings in Welltower were worth $2,356,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Laurel Wealth Advisors LLC bought a new stake in shares of Welltower in the 4th quarter valued at about $25,000. Roxbury Financial LLC bought a new stake in shares of Welltower in the 4th quarter valued at about $26,000. Sierra Ocean LLC bought a new stake in shares of Welltower in the 4th quarter valued at about $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 acquiring an additional 187 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in shares of Welltower during the 3rd quarter worth approximately $50,000. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on WELL. Wedbush upgraded shares of Welltower from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $145.00 to $167.00 in a research note on Friday, February 14th. Raymond James boosted their price objective on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 16th. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $132.00 to $147.00 in a research note on Thursday, January 2nd. Mizuho boosted their price objective 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. Finally, Bank of America boosted their price objective on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research note on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and an average price target of $145.96.

Welltower Stock Up 2.2 %

NYSE:WELL opened at $156.91 on Tuesday. The firm has a market capitalization of $100.63 billion, a P/E ratio of 100.58, a PEG ratio of 2.87 and a beta of 1.23. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $157.16. The company’s fifty day moving average price is $136.98 and its 200-day moving average price is $131.87. 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 (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%. As a group, equities research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th will be paid a $0.67 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.71%. Welltower’s payout ratio is currently 171.79%.

About Welltower

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.