Welltower Inc. (NYSE:WELL) Holdings Lifted by O ROURKE & COMPANY Inc

O ROURKE & COMPANY Inc grew its position in Welltower Inc. (NYSE:WELL) by 0.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 16,236 shares of the real estate investment trust’s stock after buying an additional 129 shares during the period. Welltower makes up approximately 0.9% of O ROURKE & COMPANY Inc’s investment portfolio, making the stock its 28th largest position. O ROURKE & COMPANY Inc’s holdings in Welltower were worth $1,517,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. 180 Wealth Advisors LLC bought a new position in Welltower in the 1st quarter worth about $234,000. Wealth Enhancement Advisory Services LLC grew its position in Welltower by 4.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 117,676 shares of the real estate investment trust’s stock worth $10,996,000 after purchasing an additional 4,506 shares during the last quarter. Sound Income Strategies LLC grew its position in Welltower by 190.9% in the 1st quarter. Sound Income Strategies LLC now owns 509 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 334 shares during the last quarter. Hazelview Securities Inc. grew its position in Welltower by 26.7% in the 1st quarter. Hazelview Securities Inc. now owns 234,651 shares of the real estate investment trust’s stock worth $21,586,000 after purchasing an additional 49,400 shares during the last quarter. Finally, Riverview Trust Co bought a new position in Welltower in the 1st quarter worth about $148,000. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on WELL shares. Mizuho upped their price target on shares of Welltower from $98.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, May 8th. BNP Paribas started coverage on shares of Welltower in a research note on Monday, March 18th. They issued an “outperform” rating and a $104.00 price target for the company. Scotiabank upped their price target on shares of Welltower from $96.00 to $108.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 16th. Wells Fargo & Company upped their price target on shares of Welltower from $107.00 to $111.00 and gave the stock an “overweight” rating in a research note on Thursday, May 30th. Finally, StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a research note on Sunday. One analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.07.

Welltower Price Performance

WELL stock traded down $0.25 on Monday, hitting $104.00. 2,493,831 shares of the company’s stock traded hands, compared to its average volume of 2,698,377. The company has a current ratio of 3.83, a quick ratio of 3.83 and a debt-to-equity ratio of 0.50. The stock has a market cap of $62.18 billion, a price-to-earnings ratio of 128.04, a P/E/G ratio of 2.57 and a beta of 1.18. Welltower Inc. has a 1-year low of $77.90 and a 1-year high of $105.69. The stock has a fifty day moving average of $100.38 and a 200-day moving average of $94.05.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, April 29th. The real estate investment trust reported $0.22 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.72). The firm had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Welltower had a net margin of 6.37% and a return on equity of 1.77%. The firm’s revenue was up 19.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.85 EPS. On average, analysts forecast that Welltower Inc. will post 4.12 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 22nd. Investors of record on Monday, May 13th were given a $0.61 dividend. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.44 annualized dividend and a dividend yield of 2.35%. Welltower’s dividend payout ratio (DPR) is presently 301.23%.

Insider Activity at Welltower

In other Welltower news, Director Kenneth J. Bacon sold 1,800 shares of the company’s stock in a transaction that occurred on Tuesday, June 4th. The shares were sold at an average price of $103.91, for a total value of $187,038.00. Following the transaction, the director now owns 14,579 shares in the company, valued at approximately $1,514,903.89. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.12% of the stock is owned by insiders.

About Welltower

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.