Mather Group LLC. Has $352,000 Stake in Welltower Inc. (NYSE:WELL)

Mather Group LLC. raised its position in Welltower Inc. (NYSE:WELL) by 11.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,296 shares of the real estate investment trust’s stock after buying an additional 243 shares during the quarter. Mather Group LLC.’s holdings in Welltower were worth $352,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vestmark Advisory Solutions Inc. increased its stake in Welltower by 120.3% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust’s stock valued at $1,817,000 after acquiring an additional 7,872 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Welltower by 30.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 544,838 shares of the real estate investment trust’s stock valued at $68,666,000 after purchasing an additional 128,090 shares during the last quarter. Beacon Financial Planning Inc. raised its holdings in shares of Welltower by 6.8% during the 1st quarter. Beacon Financial Planning Inc. now owns 27,893 shares of the real estate investment trust’s stock worth $4,274,000 after buying an additional 1,780 shares in the last quarter. Groupama Asset Managment lifted its position in shares of Welltower by 23,204.3% during the 4th quarter. Groupama Asset Managment now owns 1,900,000 shares of the real estate investment trust’s stock worth $2,183,000 after buying an additional 1,891,847 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Welltower by 8.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 131,503 shares of the real estate investment trust’s stock valued at $20,147,000 after buying an additional 10,423 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Welltower news, Director Andrew Gundlach acquired 20,000 shares of the stock in a transaction dated Monday, June 30th. The stock was purchased at an average cost of $151.46 per share, with a total value of $3,029,200.00. Following the transaction, the director owned 20,000 shares in the company, valued at approximately $3,029,200. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on WELL. Wedbush reiterated an “underperform” rating on shares of Welltower in a research report on Thursday, April 17th. Morgan Stanley boosted their target price on shares of Welltower from $155.00 to $160.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 6th. Wall Street Zen cut Welltower from a “hold” rating to a “sell” rating in a research note on Thursday, May 8th. Scotiabank reissued an “outperform” rating on shares of Welltower in a report on Monday, June 23rd. Finally, Wells Fargo & Company upped their target price on Welltower from $158.00 to $175.00 and gave the stock an “overweight” rating in a report on Monday, June 2nd. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $168.18.

Welltower Stock Performance

NYSE WELL opened at $152.77 on Friday. The company has a market capitalization of $99.90 billion, a price-to-earnings ratio of 87.80, a PEG ratio of 1.75 and a beta of 0.92. The company has a quick ratio of 4.23, a current ratio of 4.23 and a debt-to-equity ratio of 0.46. Welltower Inc. has a twelve month low of $102.92 and a twelve month high of $158.55. The stock has a fifty day simple moving average of $150.95 and a 200 day simple moving average of $144.24.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.05. Welltower had a return on equity of 3.41% and a net margin of 12.65%. The firm had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same quarter in the previous year, the company posted $1.01 EPS. The business’s revenue was up 30.3% on a year-over-year basis. Sell-side analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Investors 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 annualized dividend and a yield of 1.75%. Welltower’s payout ratio is 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.