Vontobel Holding Ltd. Sells 4,999 Shares of Welltower Inc. (NYSE:WELL)

Vontobel Holding Ltd. lowered its holdings in Welltower Inc. (NYSE:WELL) by 25.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,618 shares of the real estate investment trust’s stock after selling 4,999 shares during the period. Vontobel Holding Ltd.’s holdings in Welltower were worth $1,842,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wellington Management Group LLP grew its stake in Welltower by 10.6% during the third quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock valued at $2,392,349,000 after acquiring an additional 1,797,330 shares in the last quarter. FMR LLC boosted its stake in shares of Welltower by 38.1% in the 3rd quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock valued at $1,847,289,000 after purchasing an additional 3,977,845 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Welltower by 638.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock valued at $886,022,000 after purchasing an additional 5,982,711 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Welltower by 0.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust’s stock valued at $776,657,000 after purchasing an additional 46,332 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its holdings in Welltower by 6.6% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,106,666 shares of the real estate investment trust’s stock valued at $391,533,000 after buying an additional 192,303 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

WELL has been the subject of a number of recent analyst reports. Scotiabank upped their price target on shares of Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a report on Monday, January 27th. Raymond James increased their price target on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 16th. StockNews.com downgraded shares of Welltower from a “hold” rating to a “sell” rating in a research report on Thursday, February 13th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and lifted their target price for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Finally, Mizuho lifted their price target on shares of Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $138.58.

Welltower Trading Down 0.9 %

Shares of WELL opened at $150.03 on Tuesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 4.10 and a quick ratio of 4.10. Welltower Inc. has a 1 year low of $87.87 and a 1 year high of $151.96. The company has a 50 day simple moving average of $131.74 and a two-hundred day simple moving average of $129.07. The firm has a market cap of $93.42 billion, a P/E ratio of 98.70, a price-to-earnings-growth ratio of 2.83 and a beta of 1.23.

Welltower (NYSE:WELL) last posted its 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 12.22% and a return on equity of 3.20%. On average, equities analysts expect that Welltower Inc. will post 4.3 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. Investors of record on Tuesday, February 25th will be given 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 yield of 1.79%. Welltower’s dividend payout ratio is presently 176.32%.

Welltower Company Profile

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.