First Command Advisory Services Inc. Purchases New Stake in Welltower Inc. (NYSE:WELL)

First Command Advisory Services Inc. purchased a new stake in shares of Welltower Inc. (NYSE:WELL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 400 shares of the real estate investment trust’s stock, valued at approximately $50,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Roxbury Financial LLC purchased a new stake in Welltower during the fourth quarter valued at about $26,000. Laurel Wealth Advisors LLC purchased a new stake in Welltower during the fourth quarter valued at about $25,000. Sierra Ocean LLC purchased a new stake in Welltower during the fourth quarter valued at about $28,000. Fortitude Family Office LLC lifted its holdings in Welltower by 37.0% during the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 78 shares during the last quarter. Finally, Versant Capital Management Inc lifted its holdings 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 valued at $38,000 after purchasing an additional 187 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 0.6 %

Shares of WELL opened at $151.54 on Friday. The firm’s 50 day simple moving average is $135.78 and its 200 day simple moving average is $131.13. The company has a market capitalization of $97.18 billion, a P/E ratio of 97.14, a P/E/G ratio of 2.87 and a beta of 1.23. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. Welltower Inc. has a 1-year low of $87.87 and a 1-year high of $152.81.

Welltower (NYSE:WELL) last announced its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating 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%. Sell-side analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 25th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend is Tuesday, February 25th. Welltower’s payout ratio is currently 171.79%.

Analysts Set New Price Targets

WELL has been the topic of several recent research reports. Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $145.00 to $167.00 in a report on Friday, February 14th. Mizuho upped 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. StockNews.com downgraded shares of Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and increased their price target for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Finally, Scotiabank increased their price target on shares of Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and a consensus price target of $140.19.

Welltower Company 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.