CVA Family Office LLC Acquires New Position in Welltower Inc. (NYSE:WELL)

CVA Family Office LLC acquired a new stake in shares of Welltower Inc. (NYSE:WELL) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 555 shares of the real estate investment trust’s stock, valued at approximately $50,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bruce G. Allen Investments LLC acquired a new stake in shares of Welltower in the fourth quarter worth $25,000. Headlands Technologies LLC lifted its stake in shares of Welltower by 479.6% in the third quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 259 shares during the last quarter. First Capital Advisors Group LLC. acquired a new stake in shares of Welltower in the second quarter worth $26,000. Compass Wealth Management LLC acquired a new position in Welltower during the 4th quarter valued at $26,000. Finally, FinTrust Capital Advisors LLC raised its stake in Welltower by 117.8% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 185 shares during the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on WELL shares. BNP Paribas started coverage on shares of Welltower in a research note on Monday, March 18th. They set an “outperform” rating and a $104.00 target price for the company. StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research note on Monday, March 18th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Welltower in a research note on Tuesday, January 30th. They issued a “buy” rating and a $115.00 price objective for the company. Scotiabank dropped their price objective on shares of Welltower from $97.00 to $96.00 and set a “sector outperform” rating for the company in a research note on Monday, March 4th. Finally, Mizuho increased their price objective on shares of Welltower from $90.00 to $98.00 and gave the company a “buy” rating in a research note on Wednesday, January 3rd. Five analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $93.69.

Welltower Stock Up 2.0 %

Shares of NYSE:WELL opened at $92.80 on Thursday. Welltower Inc. has a 12 month low of $67.05 and a 12 month high of $94.63. The company’s 50-day moving average price is $90.61 and its two-hundred day moving average price is $88.05. The company has a quick ratio of 3.22, a current ratio of 3.22 and a debt-to-equity ratio of 0.60. The firm has a market cap of $52.79 billion, a P/E ratio of 145.00, a P/E/G ratio of 2.32 and a beta of 1.08.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.79). Welltower had a return on equity of 1.47% and a net margin of 5.12%. The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.72 billion. During the same period in the prior year, the company earned $0.83 EPS. The firm’s revenue was up 15.2% compared to the same quarter last year. As a group, research analysts forecast that Welltower Inc. will post 4.02 EPS for the current fiscal year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Friday, February 23rd were paid a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 2.63%. The ex-dividend date of this dividend was Thursday, February 22nd. Welltower’s dividend payout ratio (DPR) is presently 381.26%.

Welltower Profile

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.