Catalyst Financial Partners LLC Boosts Stock Position in Welltower Inc. (NYSE:WELL)

Catalyst Financial Partners LLC increased its stake in Welltower Inc. (NYSE:WELL) by 5.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,777 shares of the real estate investment trust’s stock after buying an additional 87 shares during the period. Catalyst Financial Partners LLC’s holdings in Welltower were worth $224,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in Welltower in the 4th quarter worth approximately $25,000. Fortitude Family Office LLC raised its position in shares of Welltower by 37.0% during the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 78 shares in the last quarter. Versant Capital Management Inc raised its position in Welltower by 165.5% in the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 187 shares during the period. Ashton Thomas Securities LLC purchased a new stake in Welltower in the 3rd quarter worth about $50,000. Finally, FSA Wealth Management LLC purchased a new stake in Welltower during the third quarter valued at approximately $59,000. Institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

WELL has been the subject of a number of research analyst reports. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and raised their price target for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Wedbush upgraded shares of Welltower from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $145.00 to $167.00 in a research report on Friday. Raymond James lifted their target price 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. Scotiabank boosted their price target on shares of Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research note on Monday, January 27th. Finally, Bank of America lifted their price objective on shares of Welltower from $190.00 to $221.00 and gave the company a “buy” rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.58.

Welltower Price Performance

Shares of Welltower stock opened at $150.03 on Friday. 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 company’s 50-day moving average price is $131.37 and its two-hundred day moving average price is $128.56. Welltower Inc. has a 52 week low of $87.87 and a 52 week high of $151.96. The stock has a market cap of $93.42 billion, a PE ratio of 98.70, a price-to-earnings-growth ratio of 2.83 and a beta of 1.23.

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 analysts’ consensus estimates of $0.40 by $0.73. Welltower had a net margin of 12.22% and a return on equity of 3.20%. As a group, sell-side analysts anticipate that Welltower Inc. will post 4.3 EPS for the current fiscal year.

Welltower Announces Dividend

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