MassMutual Private Wealth & Trust FSB Has $266,000 Stock Holdings in Welltower Inc. (NYSE:WELL)

MassMutual Private Wealth & Trust FSB boosted its position in Welltower Inc. (NYSE:WELL) by 6.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,109 shares of the real estate investment trust’s stock after purchasing an additional 123 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Welltower were worth $266,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Laurel Wealth Advisors LLC bought a new position in shares of Welltower in the fourth quarter valued at about $25,000. Fortitude Family Office LLC raised its holdings in Welltower by 37.0% in the 3rd 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. Versant Capital Management Inc lifted its position in 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 acquiring an additional 187 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in Welltower during the third quarter worth approximately $50,000. Finally, FSA Wealth Management LLC bought a new stake in shares of Welltower during the third quarter worth approximately $59,000. Institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Raymond James lifted their price target on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. Scotiabank boosted their target price on shares of Welltower from $133.00 to $142.00 and gave the company a “sector outperform” rating in a research report on Monday, November 25th. Mizuho raised their price target on shares of Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and boosted their price objective for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $135.00 target price (up from $134.00) on shares of Welltower in a report on Tuesday, October 1st. Five research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and an average price target of $127.63.

Welltower Trading Down 1.9 %

Shares of WELL opened at $131.17 on Thursday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. Welltower Inc. has a 52-week low of $85.40 and a 52-week high of $140.75. The firm has a market cap of $81.68 billion, a price-to-earnings ratio of 86.30, a PEG ratio of 2.61 and a beta of 1.22. The business’s fifty day moving average is $130.23 and its 200-day moving average is $124.91.

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

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Wednesday, November 13th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.04%. Welltower’s payout ratio is presently 176.32%.

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.