2,182 Shares in Welltower Inc. (NYSE:WELL) Bought by Triad Wealth Partners LLC

Triad Wealth Partners LLC bought a new position in shares of Welltower Inc. (NYSE:WELL) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,182 shares of the real estate investment trust’s stock, valued at approximately $275,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC boosted its stake in Welltower by 53.7% in the third quarter. Farther Finance Advisors LLC now owns 3,610 shares of the real estate investment trust’s stock valued at $462,000 after acquiring an additional 1,261 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Welltower by 23.2% in the third quarter. Janney Montgomery Scott LLC now owns 66,802 shares of the real estate investment trust’s stock valued at $8,553,000 after acquiring an additional 12,599 shares in the last quarter. Impax Asset Management Group plc boosted its stake in Welltower by 23.5% in the third quarter. Impax Asset Management Group plc now owns 36,375 shares of the real estate investment trust’s stock valued at $4,657,000 after acquiring an additional 6,927 shares in the last quarter. Gulf International Bank UK Ltd boosted its stake in Welltower by 2.1% in the third quarter. Gulf International Bank UK Ltd now owns 46,344 shares of the real estate investment trust’s stock valued at $5,933,000 after acquiring an additional 971 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC acquired a new position in Welltower in the third quarter valued at $317,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Trading Up 0.7 %

NYSE WELL opened at $154.95 on Thursday. The stock has a market capitalization of $99.37 billion, a P/E ratio of 99.33, a P/E/G ratio of 2.87 and a beta of 1.20. Welltower Inc. has a 52-week low of $87.87 and a 52-week high of $158.55. The firm has a 50-day moving average price of $138.10 and a 200 day moving average price of $132.30. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. Equities research analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be given a dividend of $0.67 per share. The ex-dividend date is Tuesday, February 25th. This represents a $2.68 annualized dividend and a yield of 1.73%. Welltower’s payout ratio is currently 171.79%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on WELL shares. Wedbush upgraded shares of Welltower from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $145.00 to $167.00 in a research note on Friday, February 14th. StockNews.com cut shares of Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Royal Bank of Canada raised shares of Welltower from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $146.00 to $168.00 in a report on Friday, February 28th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and upped their target price for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Finally, Scotiabank upped their target price on shares of Welltower from $144.00 to $165.00 and gave the company a “sector outperform” rating in a report on Friday, February 28th. 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 assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $148.35.

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.