Commerzbank Aktiengesellschaft FI boosted its position in shares of Welltower Inc. (NYSE:WELL – Free Report) by 26.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,579 shares of the real estate investment trust’s stock after acquiring an additional 1,180 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Welltower were worth $697,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Wellington Management Group LLP lifted its position in Welltower by 10.6% during the 3rd quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock worth $2,392,349,000 after acquiring an additional 1,797,330 shares during the last quarter. FMR LLC raised its position in shares of Welltower by 38.1% during the third quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock valued at $1,847,289,000 after buying an additional 3,977,845 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Welltower by 638.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock valued at $886,022,000 after buying an additional 5,982,711 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Welltower by 0.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust’s stock valued at $776,657,000 after buying an additional 46,332 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Welltower by 3.1% during the fourth quarter. Bank of New York Mellon Corp now owns 3,884,674 shares of the real estate investment trust’s stock valued at $489,585,000 after buying an additional 117,170 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.
Welltower Price Performance
Shares of Welltower stock opened at $154.01 on Wednesday. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $98.77 billion, a price-to-earnings ratio of 98.73, a P/E/G 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 $158.55. The firm’s 50-day moving average price is $137.53 and its two-hundred day moving average price is $132.14.
Welltower Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be paid 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 1.74%. Welltower’s dividend payout ratio is 171.79%.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on WELL. Mizuho upped their price objective on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Bank of America upped their price objective on shares of Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and upped their price objective for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. Raymond James upped their price objective on shares of Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research report on Monday, December 16th. Finally, StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a research report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $148.35.
Read Our Latest Analysis on Welltower
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.
See Also
- Five stocks we like better than Welltower
- Most active stocks: Dollar volume vs share volume
- GitLab: Get In While It’s Down—Big Rebound Ahead
- The 3 Best Fintech Stocks to Buy Now
- Tesla Stock: Finding a Bottom May Take Time
- What Are Some of the Best Large-Cap Stocks to Buy?
- Duolingo: This Beaten-Down Stock Is About to Rally 38%
Receive News & Ratings for Welltower Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Welltower and related companies with MarketBeat.com's FREE daily email newsletter.