OLD Second National Bank of Aurora Purchases 161 Shares of Welltower Inc. (NYSE:WELL)

OLD Second National Bank of Aurora grew its position in Welltower Inc. (NYSE:WELL) by 1.0% during the fourth quarter, HoldingsChannel reports. The firm owned 15,581 shares of the real estate investment trust’s stock after buying an additional 161 shares during the period. OLD Second National Bank of Aurora’s holdings in Welltower were worth $1,405,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Bruce G. Allen Investments LLC acquired a new position in shares of Welltower during the 4th quarter valued at $25,000. Covestor Ltd lifted its position in shares of Welltower by 97.4% during the 1st quarter. Covestor Ltd now owns 298 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 147 shares during the period. Headlands Technologies LLC lifted its position in shares of Welltower by 479.6% during the 3rd quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 259 shares during the period. First Capital Advisors Group LLC. acquired a new position in shares of Welltower during the 2nd quarter valued at $26,000. Finally, FinTrust Capital Advisors LLC lifted its position in shares of Welltower by 117.8% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 185 shares during the period. 94.80% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on WELL. Deutsche Bank Aktiengesellschaft began coverage on shares of Welltower in a research report on Tuesday, January 30th. They set a “buy” rating and a $115.00 target price on the stock. Scotiabank lowered their price objective on shares of Welltower from $97.00 to $96.00 and set a “sector outperform” rating on the stock in a report on Monday, March 4th. BNP Paribas initiated coverage on shares of Welltower in a report on Monday, March 18th. They set an “outperform” rating and a $104.00 price objective on the stock. KeyCorp upped their price objective on shares of Welltower from $90.00 to $95.00 and gave the stock an “overweight” rating in a report on Friday, January 5th. Finally, StockNews.com downgraded shares of Welltower from a “hold” rating to a “sell” rating in a report on Friday, March 29th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $95.57.

Welltower Price Performance

WELL traded up $0.46 on Thursday, reaching $90.16. The company had a trading volume of 242,686 shares, compared to its average volume of 2,546,539. The business has a 50 day simple moving average of $91.68 and a 200 day simple moving average of $88.91. The company has a market cap of $53.29 billion, a price-to-earnings ratio of 140.16, a P/E/G ratio of 2.25 and a beta of 1.08. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.22 and a current ratio of 3.22. Welltower Inc. has a 52-week low of $72.47 and a 52-week high of $94.63.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.79). The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.72 billion. Welltower had a return on equity of 1.47% and a net margin of 5.12%. The company’s revenue was up 15.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.83 earnings per share. As a group, sell-side analysts anticipate that Welltower Inc. will post 4.03 EPS for the current year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Friday, February 23rd were issued a $0.61 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.71%. Welltower’s payout ratio is 381.26%.

About Welltower

Welltower Inc (NYSE:WELL), a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.