Brown Advisory Inc. grew its stake in shares of Welltower Inc (NYSE:WELL) by 16.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,157 shares of the real estate investment trust’s stock after acquiring an additional 2,774 shares during the quarter. Brown Advisory Inc.’s holdings in Welltower were worth $1,400,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brown Advisory Securities LLC lifted its holdings in Welltower by 29.1% during the fourth quarter. Brown Advisory Securities LLC now owns 6,491 shares of the real estate investment trust’s stock valued at $439,000 after purchasing an additional 1,464 shares in the last quarter. Berman Capital Advisors LLC purchased a new position in Welltower during the fourth quarter valued at approximately $43,000. Dimensional Fund Advisors LP lifted its holdings in Welltower by 0.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,585,442 shares of the real estate investment trust’s stock valued at $387,686,000 after purchasing an additional 17,550 shares in the last quarter. United Services Automobile Association lifted its holdings in Welltower by 2.4% during the fourth quarter. United Services Automobile Association now owns 547,183 shares of the real estate investment trust’s stock valued at $37,980,000 after purchasing an additional 12,963 shares in the last quarter. Finally, Northeast Investment Management purchased a new position in Welltower during the fourth quarter valued at approximately $204,000. 86.75% of the stock is currently owned by hedge funds and other institutional investors.
In related news, EVP Mercedes Kerr sold 5,000 shares of the business’s stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $74.50, for a total value of $372,500.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.17% of the company’s stock.
Welltower stock opened at $77.67 on Friday. The company has a market cap of $29.08 billion, a PE ratio of 19.27, a P/E/G ratio of 3.19 and a beta of 0.46. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.89. Welltower Inc has a 1 year low of $49.58 and a 1 year high of $78.24.
Welltower (NYSE:WELL) last released its quarterly earnings data on Tuesday, February 12th. The real estate investment trust reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.02). The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.26 billion. Welltower had a net margin of 17.14% and a return on equity of 6.28%. The company’s quarterly revenue was up 12.4% compared to the same quarter last year. As a group, analysts anticipate that Welltower Inc will post 4.19 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 28th. Stockholders of record on Friday, February 22nd were given a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 4.48%. The ex-dividend date of this dividend was Thursday, February 21st. Welltower’s payout ratio is currently 86.35%.
Welltower Inc (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The company 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.
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