SRS Capital Advisors Inc. Boosts Position in Welltower Inc. (NYSE:WELL)

SRS Capital Advisors Inc. grew its stake in shares of Welltower Inc. (NYSE:WELL) by 100.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,039 shares of the real estate investment trust’s stock after buying an additional 521 shares during the period. SRS Capital Advisors Inc.’s holdings in Welltower were worth $131,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Laurel Wealth Advisors LLC bought a new stake in Welltower during the 4th quarter worth approximately $25,000. Roxbury Financial LLC bought a new position in shares of Welltower in the fourth quarter worth $26,000. Sierra Ocean LLC purchased a new stake in shares of Welltower in the fourth quarter worth $28,000. Versant Capital Management Inc raised its position in shares of 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 buying an additional 187 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new stake in Welltower during the third quarter valued at $50,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Trading Up 0.7 %

NYSE WELL opened at $154.95 on Thursday. The firm has a market cap of $99.37 billion, a PE ratio of 99.33, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $158.55. The stock has a 50-day moving average of $138.10 and a 200-day moving average of $132.30. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48.

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, beating 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, sell-side analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date is Tuesday, February 25th. Welltower’s dividend payout ratio (DPR) is presently 171.79%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on WELL. Scotiabank raised their price target on Welltower from $144.00 to $165.00 and gave the company a “sector outperform” rating in a report on Friday, February 28th. Raymond James raised 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. Evercore ISI boosted their price target on shares of Welltower from $144.00 to $145.00 and gave the stock an “in-line” rating in a research note on Tuesday. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and increased their price target for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Finally, Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $145.00 to $167.00 in a report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $148.35.

About Welltower

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.