Welltower Inc. (NYSE:WELL) Shares Bought by Sei Investments Co.

Sei Investments Co. boosted its stake in shares of Welltower Inc. (NYSE:WELL) by 5.2% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 2,748,062 shares of the real estate investment trust’s stock after acquiring an additional 134,611 shares during the period. Sei Investments Co. owned about 0.46% of Welltower worth $286,487,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Corient Private Wealth LLC grew its holdings in shares of Welltower by 3.2% during the fourth quarter. Corient Private Wealth LLC now owns 33,188 shares of the real estate investment trust’s stock worth $2,993,000 after buying an additional 1,025 shares in the last quarter. CreativeOne Wealth LLC grew its holdings in shares of Welltower by 84.7% during the fourth quarter. CreativeOne Wealth LLC now owns 5,392 shares of the real estate investment trust’s stock worth $486,000 after buying an additional 2,473 shares in the last quarter. Assetmark Inc. purchased a new stake in shares of Welltower during the fourth quarter worth $162,000. US Bancorp DE grew its holdings in shares of Welltower by 21.4% during the fourth quarter. US Bancorp DE now owns 47,833 shares of the real estate investment trust’s stock worth $4,313,000 after buying an additional 8,431 shares in the last quarter. Finally, Commerce Bank grew its holdings in shares of Welltower by 15.0% during the fourth quarter. Commerce Bank now owns 30,760 shares of the real estate investment trust’s stock worth $2,774,000 after buying an additional 4,003 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on WELL shares. Wolfe Research raised shares of Welltower to a “strong-buy” rating in a report on Friday, August 9th. Wedbush upped their price objective on shares of Welltower from $100.00 to $120.00 and gave the company a “neutral” rating in a report on Monday, August 5th. Morgan Stanley upped their price objective on shares of Welltower from $103.00 to $107.50 and gave the company an “overweight” rating in a report on Thursday, July 11th. StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a report on Saturday, August 3rd. Finally, Evercore ISI upped their price objective on shares of Welltower from $106.00 to $114.00 and gave the company an “in-line” rating in a report on Monday, September 16th. Four analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $112.38.

Welltower Trading Down 0.1 %

Shares of WELL stock opened at $125.27 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 4.07 and a quick ratio of 4.07. The firm has a market cap of $74.90 billion, a PE ratio of 154.65, a price-to-earnings-growth ratio of 2.97 and a beta of 1.21. The company has a 50-day moving average of $117.54 and a two-hundred day moving average of $104.59. Welltower Inc. has a 1-year low of $78.38 and a 1-year high of $131.31.

Welltower (NYSE:WELL) last announced its earnings results on Monday, July 29th. The real estate investment trust reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.08. The company had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.89 billion. Welltower had a net margin of 8.36% and a return on equity of 2.21%. Welltower’s revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.90 earnings per share. On average, analysts predict that Welltower Inc. will post 4.19 EPS for the current year.

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Monday, August 12th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend was Monday, August 12th. This is a boost from Welltower’s previous quarterly dividend of $0.61. Welltower’s dividend payout ratio is currently 330.86%.

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.