Calamos Advisors LLC Has $11.48 Million Holdings in Welltower Inc. (NYSE:WELL)

Calamos Advisors LLC lessened its stake in Welltower Inc. (NYSE:WELL) by 1.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 127,321 shares of the real estate investment trust’s stock after selling 1,663 shares during the quarter. Calamos Advisors LLC’s holdings in Welltower were worth $11,481,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in WELL. Bruce G. Allen Investments LLC bought a new stake in Welltower in the 4th quarter valued at $25,000. Covestor Ltd raised its stake in Welltower by 97.4% in the 1st quarter. Covestor Ltd now owns 298 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 147 shares during the period. Headlands Technologies LLC raised its stake in Welltower by 479.6% in the 3rd quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 259 shares during the period. First Capital Advisors Group LLC. bought a new stake in Welltower in the 2nd quarter valued at $26,000. Finally, FinTrust Capital Advisors LLC raised its stake in Welltower by 117.8% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 185 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on WELL. BNP Paribas initiated coverage on Welltower in a research note on Monday, March 18th. They issued an “outperform” rating and a $104.00 price target on the stock. Mizuho increased their price objective on Welltower from $90.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Deutsche Bank Aktiengesellschaft initiated coverage on Welltower in a research report on Tuesday, January 30th. They set a “buy” rating and a $115.00 price objective on the stock. KeyCorp increased their price objective on Welltower from $90.00 to $95.00 and gave the stock an “overweight” rating in a research report on Friday, January 5th. Finally, Scotiabank lowered their price objective on Welltower from $97.00 to $96.00 and set a “sector outperform” rating on the stock in a research report on Monday, March 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $95.57.

Welltower Stock Performance

WELL opened at $91.32 on Friday. The firm has a market cap of $53.97 billion, a P/E ratio of 142.69, a price-to-earnings-growth ratio of 2.31 and a beta of 1.08. Welltower Inc. has a 52-week low of $72.47 and a 52-week high of $94.63. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.22 and a current ratio of 3.22. The business’s fifty day moving average is $91.83 and its 200-day moving average is $88.99.

Welltower (NYSE:WELL) last released its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.79). The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.72 billion. Welltower had a net margin of 5.12% and a return on equity of 1.47%. The business’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period last year, the business earned $0.83 earnings per share. Sell-side analysts expect that Welltower Inc. will post 4.03 EPS for the current fiscal year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Investors of record on Friday, February 23rd were paid a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 2.67%. The ex-dividend date was Thursday, February 22nd. Welltower’s dividend payout ratio (DPR) is presently 381.26%.

Welltower Company Profile

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.