Blue Trust Inc. Sells 4,732 Shares of Welltower Inc. (NYSE:WELL)

Blue Trust Inc. cut its stake in Welltower Inc. (NYSE:WELL) by 83.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 956 shares of the real estate investment trust’s stock after selling 4,732 shares during the quarter. Blue Trust Inc.’s holdings in Welltower were worth $120,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of WELL. Laurel Wealth Advisors LLC bought a new position in shares of Welltower in the fourth quarter valued at about $25,000. Fortitude Family Office LLC raised its position in shares of Welltower by 37.0% in the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 78 shares during the period. Versant Capital Management Inc raised its position in shares of Welltower by 165.5% in the fourth 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 position in Welltower during the third quarter worth about $50,000. Finally, FSA Wealth Management LLC bought a new position in Welltower during the third quarter worth about $59,000. 94.80% of the stock is owned by institutional investors.

Welltower Trading Down 1.1 %

WELL opened at $148.69 on Friday. The company’s 50 day moving average is $133.83 and its 200-day moving average is $130.15. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $152.81. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. The company has a market cap of $95.35 billion, a P/E ratio of 95.31, a PEG ratio of 2.86 and a beta of 1.23.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. Equities research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The business also recently declared 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 of this dividend is Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.80%. Welltower’s payout ratio is currently 171.79%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on WELL. StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a research report on Thursday, February 13th. Mizuho raised their price target on shares of Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Bank of America raised their price target on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research report on Tuesday. Scotiabank raised their price target 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, Raymond James raised their price target on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Monday, December 16th. One analyst has rated the stock with a sell rating, three have issued 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $140.19.

About Welltower

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.