Welltower Inc. (NYSE:WELL) Shares Acquired by Imprint Wealth LLC

Imprint Wealth LLC boosted its holdings in Welltower Inc. (NYSE:WELL) by 2.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,425 shares of the real estate investment trust’s stock after purchasing an additional 285 shares during the quarter. Imprint Wealth LLC’s holdings in Welltower were worth $1,030,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC grew its stake in shares of Welltower by 1.9% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 6,372 shares of the real estate investment trust’s stock valued at $522,000 after buying an additional 119 shares during the period. Profund Advisors LLC increased its stake in Welltower by 1.6% during the third quarter. Profund Advisors LLC now owns 7,632 shares of the real estate investment trust’s stock worth $625,000 after acquiring an additional 120 shares during the last quarter. Cresset Asset Management LLC raised its holdings in shares of Welltower by 2.5% in the 1st quarter. Cresset Asset Management LLC now owns 5,044 shares of the real estate investment trust’s stock worth $485,000 after purchasing an additional 125 shares during the period. Dai Ichi Life Insurance Company Ltd lifted its stake in shares of Welltower by 0.4% in the 1st quarter. Dai Ichi Life Insurance Company Ltd now owns 33,012 shares of the real estate investment trust’s stock valued at $3,174,000 after purchasing an additional 125 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in shares of Welltower by 0.5% during the 3rd quarter. Private Advisor Group LLC now owns 25,167 shares of the real estate investment trust’s stock worth $2,062,000 after purchasing an additional 127 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Performance

NYSE:WELL traded down $0.10 during midday trading on Tuesday, reaching $89.00. 419,879 shares of the company traded hands, compared to its average volume of 2,549,037. The firm has a market capitalization of $52.60 billion, a price-to-earnings ratio of 139.25, a price-to-earnings-growth ratio of 2.28 and a beta of 1.08. The company has a fifty day moving average price of $91.59 and a 200 day moving average price of $88.86. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.22 and a quick ratio of 3.22. Welltower Inc. has a twelve month low of $72.47 and a twelve month high of $94.63.

Welltower (NYSE:WELL) last issued its quarterly earnings data 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). Welltower had a return on equity of 1.47% and a net margin of 5.12%. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.72 billion. During the same period last year, the company earned $0.83 earnings per share. The business’s quarterly revenue was up 15.2% compared to the same quarter last year. On average, analysts expect that Welltower Inc. will post 4.03 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 7th. Shareholders of record on Friday, February 23rd were given a $0.61 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $2.44 dividend on an annualized basis and a yield of 2.74%. Welltower’s dividend payout ratio (DPR) is 381.26%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on WELL. JPMorgan Chase & Co. upgraded Welltower from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $92.00 to $99.00 in a research note on Monday, December 18th. Mizuho increased their price objective on shares of Welltower from $90.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, January 3rd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Welltower in a research report on Tuesday, January 30th. They set a “buy” rating and a $115.00 target price on the stock. StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a report on Friday, March 29th. Finally, BNP Paribas assumed coverage on shares of Welltower in a report on Monday, March 18th. They issued an “outperform” rating and a $104.00 price objective on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $95.57.

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.