Checchi Capital Advisers LLC Has $261,000 Position in Welltower Inc (WELL)

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Checchi Capital Advisers LLC reduced its stake in Welltower Inc (NYSE:WELL) by 8.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,756 shares of the real estate investment trust’s stock after selling 360 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Welltower were worth $261,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WELL. JNBA Financial Advisors purchased a new stake in shares of Welltower during the 4th quarter valued at $28,000. Portfolio Solutions LLC purchased a new stake in shares of Welltower during the 4th quarter valued at $34,000. Lenox Wealth Management Inc. increased its position in shares of Welltower by 1,272.9% during the 4th quarter. Lenox Wealth Management Inc. now owns 1,167 shares of the real estate investment trust’s stock valued at $63,000 after purchasing an additional 1,082 shares during the last quarter. Country Trust Bank purchased a new stake in shares of Welltower during the 4th quarter valued at $90,000. Finally, OLD Second National Bank of Aurora increased its position in shares of Welltower by 61.9% during the 4th quarter. OLD Second National Bank of Aurora now owns 1,308 shares of the real estate investment trust’s stock valued at $90,000 after purchasing an additional 500 shares during the last quarter. 88.77% of the stock is owned by institutional investors and hedge funds.

In other Welltower news, EVP Mercedes Kerr sold 4,342 shares of the firm’s stock in a transaction dated Tuesday, December 11th. The stock was sold at an average price of $73.17, for a total value of $317,704.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.17% of the stock is owned by company insiders.

Shares of WELL opened at $75.75 on Thursday. Welltower Inc has a fifty-two week low of $49.58 and a fifty-two week high of $77.90. The stock has a market capitalization of $28.83 billion, a P/E ratio of 18.80, a PEG ratio of 3.65 and a beta of 0.47. The company has a quick ratio of 1.54, a current ratio of 1.64 and a debt-to-equity ratio of 0.89.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, February 12th. The real estate investment trust reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.02). Welltower had a return on equity of 6.28% and a net margin of 17.14%. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.26 billion. Welltower’s quarterly revenue was up 12.4% on a year-over-year basis. Sell-side analysts expect that Welltower Inc will post 4.21 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 28th. Shareholders of record on Friday, February 22nd will be paid a $0.87 dividend. The ex-dividend date of this dividend is Thursday, February 21st. This represents a $3.48 annualized dividend and a yield of 4.59%. Welltower’s dividend payout ratio is currently 86.35%.

Several brokerages have recently issued reports on WELL. Mitsubishi UFJ Financial Group raised their target price on Welltower to $82.00 and gave the company an “overweight” rating in a research report on Wednesday, February 13th. JPMorgan Chase & Co. raised Welltower from a “neutral” rating to an “overweight” rating in a research report on Wednesday, December 19th. ValuEngine raised Welltower from a “hold” rating to a “buy” rating in a research report on Wednesday, October 31st. Scotiabank started coverage on Welltower in a research report on Monday, December 10th. They set a “sector perform” rating and a $74.00 target price for the company. Finally, lifted their price objective on Welltower to $72.00 and gave the stock an “overweight” rating in a report on Wednesday, October 31st. Ten equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $67.67.

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Welltower Company Profile

Welltower Inc (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The company 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.

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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