Cetera Trust Company N.A Has $359,000 Holdings in Welltower Inc. (NYSE:WELL)

Cetera Trust Company N.A reduced its position in shares of Welltower Inc. (NYSE:WELL) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,850 shares of the real estate investment trust’s stock after selling 175 shares during the quarter. Cetera Trust Company N.A’s holdings in Welltower were worth $359,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of WELL. Investment Advisory Group LLC boosted its position in Welltower by 1.8% during the fourth quarter. Investment Advisory Group LLC now owns 4,889 shares of the real estate investment trust’s stock worth $616,000 after purchasing an additional 85 shares during the period. Simon Quick Advisors LLC increased its stake in shares of Welltower by 11.4% during the fourth quarter. Simon Quick Advisors LLC now owns 2,195 shares of the real estate investment trust’s stock worth $277,000 after purchasing an additional 225 shares during the period. Atomi Financial Group Inc. lifted its holdings in shares of Welltower by 12.2% during the fourth quarter. Atomi Financial Group Inc. now owns 5,634 shares of the real estate investment trust’s stock worth $710,000 after buying an additional 614 shares in the last quarter. Transform Wealth LLC grew its stake in shares of Welltower by 14.0% in the fourth quarter. Transform Wealth LLC now owns 102,650 shares of the real estate investment trust’s stock valued at $12,937,000 after acquiring an additional 12,572 shares in the last quarter. Finally, Perpetual Ltd raised its stake in Welltower by 3.5% in the 4th quarter. Perpetual Ltd now owns 24,204 shares of the real estate investment trust’s stock worth $3,050,000 after purchasing an additional 820 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Trading Up 2.2 %

Shares of Welltower stock opened at $132.22 on Wednesday. The stock has a 50 day moving average price of $130.23 and a two-hundred day moving average price of $124.91. Welltower Inc. has a 52 week low of $85.40 and a 52 week high of $140.75. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. The stock has a market capitalization of $82.33 billion, a PE ratio of 87.47, a price-to-earnings-growth ratio of 2.61 and a beta of 1.22.

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

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Wednesday, November 13th were paid a $0.67 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $2.68 dividend on an annualized basis and a yield of 2.03%. Welltower’s dividend payout ratio (DPR) is presently 176.32%.

Analyst Ratings Changes

A number of research analysts recently commented on the company. StockNews.com upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. Wells Fargo & Company reiterated an “equal weight” rating and set a $135.00 price target (up previously from $134.00) on shares of Welltower in a research report on Tuesday, October 1st. Scotiabank lifted their price objective on shares of Welltower from $133.00 to $142.00 and gave the company a “sector outperform” rating in a research note on Monday, November 25th. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and raised their target price for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Finally, Mizuho boosted their price target on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average 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.