Commerzbank Aktiengesellschaft FI Buys 1,180 Shares of Welltower Inc. (NYSE:WELL)

Commerzbank Aktiengesellschaft FI increased its stake in shares of Welltower Inc. (NYSE:WELL) by 26.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,579 shares of the real estate investment trust’s stock after acquiring an additional 1,180 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Welltower were worth $697,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of WELL. Laurel Wealth Advisors LLC bought a new stake in shares of Welltower during the fourth quarter valued at approximately $25,000. Roxbury Financial LLC bought a new stake in shares of Welltower during the fourth quarter valued at approximately $26,000. Sierra Ocean LLC bought a new stake in shares of Welltower during the fourth quarter valued at approximately $28,000. Versant Capital Management Inc grew its stake in shares of Welltower by 165.5% during the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 187 shares during the last quarter. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Welltower during the third quarter valued at approximately $50,000. 94.80% of the stock is owned by institutional investors.

Welltower Trading Down 1.8 %

WELL opened at $154.01 on Wednesday. The firm’s fifty day moving average is $137.53 and its two-hundred day moving average is $132.14. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The firm has a market cap of $98.77 billion, a PE ratio of 98.73, a price-to-earnings-growth ratio of 2.87 and a beta of 1.23. Welltower Inc. has a twelve month low of $87.87 and a twelve month high of $158.55.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. Equities research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be issued a dividend of $0.67 per share. The ex-dividend date is Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.74%. Welltower’s payout ratio is 171.79%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on WELL. Mizuho increased their price objective on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Wedbush upgraded shares of Welltower from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $145.00 to $167.00 in a report on Friday, February 14th. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and increased their price objective for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. StockNews.com lowered shares of Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Finally, Scotiabank increased their price objective on shares of Welltower from $144.00 to $165.00 and gave the company a “sector outperform” rating in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Welltower has an average rating of “Moderate Buy” and a consensus target price of $148.35.

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.