Welltower Inc. (NYSE:WELL) is Aew Capital Management L P’s 7th Largest Position

Aew Capital Management L P lifted its position in Welltower Inc. (NYSE:WELL) by 52.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,174,880 shares of the real estate investment trust’s stock after purchasing an additional 401,785 shares during the quarter. Welltower comprises 3.9% of Aew Capital Management L P’s holdings, making the stock its 7th largest position. Aew Capital Management L P owned approximately 0.21% of Welltower worth $105,939,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Bruce G. Allen Investments LLC purchased a new position in Welltower during the fourth quarter valued at approximately $25,000. Headlands Technologies LLC raised its position in Welltower by 479.6% during the third quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 259 shares in the last quarter. FinTrust Capital Advisors LLC raised its position in Welltower by 117.8% during the third quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 185 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new position in Welltower during the third quarter valued at approximately $38,000. Finally, Salem Investment Counselors Inc. raised its position in Welltower by 84.0% during the fourth quarter. Salem Investment Counselors Inc. now owns 425 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 194 shares in the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WELL has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft initiated coverage on Welltower in a research report on Tuesday, January 30th. They set a “buy” rating and a $115.00 price target for the company. KeyCorp lifted their price target on Welltower from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Friday, January 5th. Mizuho boosted their price objective on Welltower from $90.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, January 3rd. BNP Paribas assumed coverage on Welltower in a research report on Monday, March 18th. They issued an “outperform” rating and a $104.00 price objective for the company. Finally, StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a research report on Friday, March 29th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $95.57.

Welltower Price Performance

Shares of NYSE:WELL traded up $0.34 during trading on Friday, reaching $94.34. The stock had a trading volume of 1,796,775 shares, compared to its average volume of 2,541,948. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.22 and a current ratio of 3.22. The business has a fifty day moving average price of $92.06 and a 200-day moving average price of $89.40. The stock has a market cap of $55.76 billion, a PE ratio of 147.41, a PEG ratio of 2.38 and a beta of 1.08. Welltower Inc. has a 1-year low of $72.47 and a 1-year high of $94.99.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, February 13th. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.79). The firm had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.72 billion. Welltower had a return on equity of 1.47% and a net margin of 5.12%. The business’s revenue was up 15.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.83 earnings per share. On average, equities analysts forecast that Welltower Inc. will post 4.04 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Shareholders of record on Friday, February 23rd were paid a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date was Thursday, February 22nd. Welltower’s dividend payout ratio (DPR) is currently 381.26%.

About Welltower

Welltower Inc (NYSE:WELL), a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.