Good Life Advisors LLC Has $715,000 Stock Holdings in Welltower Inc. (NYSE:WELL)

Good Life Advisors LLC raised its position in Welltower Inc. (NYSE:WELL) by 11.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,675 shares of the real estate investment trust’s stock after acquiring an additional 571 shares during the period. Good Life Advisors LLC’s holdings in Welltower were worth $715,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Laurel Wealth Advisors LLC bought a new position in Welltower in the fourth quarter worth $25,000. Roxbury Financial LLC bought a new position in shares of Welltower during the 4th quarter worth about $26,000. Sierra Ocean LLC acquired a new stake in shares of Welltower during the 4th quarter valued at about $28,000. Fortitude Family Office LLC increased its stake in Welltower by 37.0% in the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 78 shares during the period. Finally, Versant Capital Management Inc raised its position in Welltower by 165.5% in the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 187 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Down 0.7 %

WELL stock opened at $149.71 on Thursday. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. Welltower Inc. has a twelve month low of $87.87 and a twelve month high of $152.81. The company has a market cap of $96.01 billion, a P/E ratio of 95.97, a PEG ratio of 2.94 and a beta of 1.23. The business has a fifty day moving average of $133.00 and a 200-day moving average of $129.74.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. As a group, equities research analysts expect that Welltower Inc. will post 4.87 EPS for the current year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be paid 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 payout ratio is presently 171.79%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. StockNews.com downgraded Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Wedbush raised Welltower from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $145.00 to $167.00 in a research note on Friday, February 14th. Mizuho increased their price objective on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Raymond James boosted their target price on shares of Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. Finally, Bank of America increased their target price on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus target price of $140.19.

Welltower 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.