UMB Bank n.a. Boosts Stock Position in Welltower Inc. (NYSE:WELL)

UMB Bank n.a. lifted its holdings in Welltower Inc. (NYSE:WELL) by 0.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 220,038 shares of the real estate investment trust’s stock after purchasing an additional 1,552 shares during the quarter. UMB Bank n.a.’s holdings in Welltower were worth $27,731,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new stake in Welltower in the fourth quarter worth $25,000. Fortitude Family Office LLC lifted its position in shares of Welltower by 37.0% during the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 78 shares during the last quarter. Versant Capital Management Inc lifted its position 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 worth $38,000 after purchasing an additional 187 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Welltower during the third quarter worth $50,000. Finally, FSA Wealth Management LLC bought a new stake in shares of Welltower in the third quarter valued at about $59,000. 94.80% of the stock is currently owned by institutional investors.

Welltower Trading Up 0.6 %

Shares of NYSE:WELL opened at $129.47 on Monday. Welltower Inc. has a 12-month low of $85.40 and a 12-month high of $140.75. The company has a market capitalization of $80.62 billion, a PE ratio of 85.18, a PEG ratio of 2.52 and a beta of 1.22. The business has a 50 day moving average of $130.44 and a two-hundred day moving average of $124.41. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51.

Welltower (NYSE:WELL) last announced its earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.31). The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.95 billion. Welltower had a return on equity of 3.20% and a net margin of 12.22%. The company’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.92 earnings per share. As a group, analysts forecast that Welltower Inc. will post 4.3 EPS for the current year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Wednesday, November 13th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 2.07%. The ex-dividend date was Wednesday, November 13th. Welltower’s payout ratio is 176.32%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Wells Fargo & Company restated an “equal weight” rating and issued a $135.00 price objective (up from $134.00) on shares of Welltower in a report on Tuesday, October 1st. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and lifted their price objective for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Scotiabank lifted their target price on Welltower from $133.00 to $142.00 and gave the company a “sector outperform” rating in a research note on Monday, November 25th. Mizuho lifted their target price on Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Finally, Raymond James lifted their target price on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have 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 target price of $127.63.

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.