Savant Capital LLC Has $1.13 Million Stock Holdings in Welltower Inc. (NYSE:WELL)

Savant Capital LLC raised its stake in Welltower Inc. (NYSE:WELL) by 45.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 8,971 shares of the real estate investment trust’s stock after buying an additional 2,823 shares during the period. Savant Capital LLC’s holdings in Welltower were worth $1,131,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Laurel Wealth Advisors LLC acquired a new position in Welltower in the 4th quarter valued at $25,000. Fortitude Family Office LLC grew its stake in shares of Welltower by 37.0% in the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 78 shares in the last quarter. Versant Capital Management Inc increased its position in Welltower by 165.5% during the fourth 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 during the period. Ashton Thomas Securities LLC acquired a new stake in Welltower in the 3rd quarter worth about $50,000. Finally, FSA Wealth Management LLC bought a new stake in Welltower in the 3rd quarter valued at about $59,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on WELL. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and lifted their price target for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. StockNews.com downgraded Welltower from a “hold” rating to a “sell” rating in a research report on Thursday. Raymond James raised their price target on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Monday, December 16th. Scotiabank increased their price objective on shares of Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research note on Monday, January 27th. Finally, 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. 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Welltower has an average rating of “Moderate Buy” and an average target price of $138.58.

Welltower Price Performance

Welltower stock opened at $150.03 on Friday. The stock has a 50-day moving average price of $131.37 and a two-hundred day moving average price of $128.56. Welltower Inc. has a 12 month low of $87.87 and a 12 month high of $151.96. The company has a market capitalization of $93.42 billion, a PE ratio of 98.70, a P/E/G 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.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating 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%. Analysts expect that Welltower Inc. will post 4.3 EPS for the current year.

Welltower Dividend Announcement

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