OLD Second National Bank of Aurora Acquires 194 Shares of Welltower Inc. (NYSE:WELL)

OLD Second National Bank of Aurora lifted its holdings in shares of Welltower Inc. (NYSE:WELL) by 1.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,535 shares of the real estate investment trust’s stock after buying an additional 194 shares during the period. OLD Second National Bank of Aurora’s holdings in Welltower were worth $2,227,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. River Street Advisors LLC raised its stake in Welltower by 4.1% during the 1st quarter. River Street Advisors LLC now owns 3,504 shares of the real estate investment trust’s stock valued at $537,000 after buying an additional 139 shares during the last quarter. Vanderbilt University grew its holdings in shares of Welltower by 25.4% in the first quarter. Vanderbilt University now owns 38,442 shares of the real estate investment trust’s stock worth $5,890,000 after acquiring an additional 7,797 shares during the period. Retirement Systems of Alabama increased its position in Welltower by 1.9% during the first quarter. Retirement Systems of Alabama now owns 471,351 shares of the real estate investment trust’s stock valued at $72,216,000 after acquiring an additional 8,609 shares during the last quarter. Walter & Keenan Wealth Management LLC IN ADV lifted its holdings in Welltower by 9.8% in the first quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 1,791 shares of the real estate investment trust’s stock valued at $274,000 after acquiring an additional 160 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of Welltower by 83.8% during the 1st quarter. Blue Trust Inc. now owns 1,757 shares of the real estate investment trust’s stock valued at $269,000 after purchasing an additional 801 shares during the period. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Up 0.8%

Shares of WELL opened at $153.06 on Friday. The business’s 50 day moving average is $149.61 and its 200 day moving average is $142.69. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.46. Welltower Inc. has a 12-month low of $100.13 and a 12-month high of $158.55. The company has a market capitalization of $100.09 billion, a PE ratio of 87.97, a price-to-earnings-growth ratio of 1.78 and a beta of 0.94.

Welltower (NYSE:WELL) last released its earnings results on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, topping the consensus estimate of $1.15 by $0.05. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.40 billion. Welltower had a net margin of 12.65% and a return on equity of 3.41%. The company’s quarterly revenue was up 30.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.01 earnings per share. Research analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th were given a dividend of $0.67 per share. The ex-dividend date was Wednesday, May 14th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.75%. Welltower’s payout ratio is 154.02%.

Analyst Ratings Changes

WELL has been the topic of several recent research reports. Mizuho increased their price objective on shares of Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. Wedbush reiterated an “underperform” rating on shares of Welltower in a research report on Thursday, April 17th. Wall Street Zen downgraded shares of Welltower from a “hold” rating to a “sell” rating in a research report on Thursday, May 8th. Scotiabank raised their target price on Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a report on Thursday, March 6th. Finally, Evercore ISI boosted their price target on Welltower from $145.00 to $157.00 and gave the company an “in-line” rating in a report on Thursday, May 1st. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $163.25.

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.