Focus Financial Network Inc. Purchases 206 Shares of Welltower Inc. (NYSE:WELL)

Focus Financial Network Inc. grew its position in Welltower Inc. (NYSE:WELL) by 12.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,863 shares of the real estate investment trust’s stock after purchasing an additional 206 shares during the quarter. Focus Financial Network Inc.’s holdings in Welltower were worth $235,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of WELL. Laurel Wealth Advisors LLC acquired a new position in Welltower in the fourth quarter valued at $25,000. Fortitude Family Office LLC raised its position in shares of Welltower by 37.0% in the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 78 shares in the last quarter. Versant Capital Management Inc lifted its stake in shares of Welltower by 165.5% in the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 187 shares during the period. Ashton Thomas Securities LLC bought a new stake in shares of Welltower during the 3rd quarter valued at about $50,000. Finally, FSA Wealth Management LLC acquired a new stake in Welltower during the third quarter worth approximately $59,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Performance

Welltower stock opened at $150.03 on Friday. The firm’s fifty day moving average price is $131.37 and its 200-day moving average price is $128.56. Welltower Inc. has a fifty-two week low of $87.87 and a fifty-two week high of $151.96. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. The stock has a market cap of $93.42 billion, a P/E ratio of 98.70, a price-to-earnings-growth ratio of 2.83 and a beta of 1.23.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, beating the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.20% and a net margin of 12.22%. On average, equities research analysts expect that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower Announces Dividend

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 1.79%. Welltower’s dividend payout ratio (DPR) is 176.32%.

Wall Street Analysts Forecast Growth

WELL has been the topic of several recent analyst reports. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and boosted their price target for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd. Raymond James increased 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. Mizuho lifted their price target on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. 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 report on Monday, January 27th. Finally, StockNews.com lowered Welltower from a “hold” rating to a “sell” rating in a research report on Thursday. One analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus price target of $138.58.

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.