11,239 Shares in Welltower Inc. (NYSE:WELL) Purchased by GF Fund Management CO. LTD.

GF Fund Management CO. LTD. purchased a new position in shares of Welltower Inc. (NYSE:WELL) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,239 shares of the real estate investment trust’s stock, valued at approximately $1,416,000.

Several other large investors have also recently added to or reduced their stakes in the company. Geller Advisors LLC raised its holdings in Welltower by 3.7% during the fourth quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust’s stock worth $241,000 after purchasing an additional 69 shares in the last quarter. Mather Group LLC. increased its holdings in Welltower by 3.8% in the fourth quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust’s stock valued at $259,000 after buying an additional 75 shares in the last quarter. Childress Capital Advisors LLC increased its holdings in Welltower by 3.7% in the fourth quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust’s stock valued at $271,000 after buying an additional 76 shares in the last quarter. Woodmont Investment Counsel LLC increased its holdings in Welltower by 3.8% in the fourth quarter. Woodmont Investment Counsel LLC now owns 2,213 shares of the real estate investment trust’s stock valued at $279,000 after buying an additional 81 shares in the last quarter. Finally, Wealthspire Advisors LLC increased its holdings in Welltower by 2.5% in the fourth quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust’s stock valued at $435,000 after buying an additional 83 shares in the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Bank of America increased their target price on shares of Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Wells Fargo & Company reaffirmed an “equal weight” rating on shares of Welltower in a report on Thursday, April 17th. Mizuho increased their target price on shares of Welltower from $141.00 to $170.00 and gave the company an “outperform” rating in a report on Tuesday, March 18th. Evercore ISI increased their target price on shares of Welltower from $145.00 to $157.00 and gave the company an “in-line” rating in a report on Thursday, May 1st. Finally, Wedbush reaffirmed an “underperform” rating on shares of Welltower in a report on Thursday, April 17th. Two analysts have rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and a consensus target price of $161.83.

Welltower Stock Up 1.6%

Shares of NYSE WELL opened at $149.29 on Friday. Welltower Inc. has a 1 year low of $99.95 and a 1 year high of $158.55. The firm’s 50 day moving average price is $147.52 and its 200 day moving average price is $140.74. The firm has a market cap of $97.63 billion, a P/E ratio of 95.70, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22.

Welltower (NYSE:WELL) last announced its earnings results on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.15 by $0.05. Welltower had a net margin of 11.91% and a return on equity of 3.15%. The firm had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same quarter last year, the business earned $1.01 earnings per share. Welltower’s revenue was up 30.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 14th were issued a $0.67 dividend. The ex-dividend date was Wednesday, May 14th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.80%. Welltower’s dividend payout ratio (DPR) is presently 154.02%.

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.