Tokio Marine Asset Management Co. Ltd. Has $1.12 Million Holdings in Welltower Inc. (NYSE:WELL)

Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,436 shares of the real estate investment trust’s stock after buying an additional 680 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Welltower were worth $1,121,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Atria Wealth Solutions Inc. raised its holdings in shares of Welltower by 4.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 19,235 shares of the real estate investment trust’s stock valued at $1,734,000 after purchasing an additional 776 shares during the period. Yousif Capital Management LLC raised its position in shares of Welltower by 2.5% during the 4th quarter. Yousif Capital Management LLC now owns 96,869 shares of the real estate investment trust’s stock valued at $8,735,000 after buying an additional 2,351 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of Welltower during the 4th quarter valued at $338,000. Illinois Municipal Retirement Fund raised its position in shares of Welltower by 696.4% during the 4th quarter. Illinois Municipal Retirement Fund now owns 107,247 shares of the real estate investment trust’s stock valued at $9,670,000 after buying an additional 93,781 shares in the last quarter. Finally, California Public Employees Retirement System raised its position in Welltower by 5.7% in the 4th quarter. California Public Employees Retirement System now owns 977,362 shares of the real estate investment trust’s stock worth $88,129,000 after purchasing an additional 52,654 shares during the period. Institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Scotiabank cut their price target 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. StockNews.com cut shares of Welltower from a “hold” rating to a “sell” rating in a report on Friday, March 29th. KeyCorp boosted their price objective on shares of Welltower from $90.00 to $95.00 and gave the company an “overweight” rating in a report on Friday, January 5th. Mizuho boosted their price objective on shares of Welltower from $90.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, January 3rd. Finally, BNP Paribas started coverage on shares of Welltower in a report on Monday, March 18th. They set an “outperform” rating and a $104.00 target price for the company. One research analyst has rated the stock with a sell rating, four have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $95.57.

Welltower Stock Performance

Shares of Welltower stock traded up $0.69 on Friday, reaching $94.69. The stock had a trading volume of 119,047 shares, compared to its average volume of 2,520,020. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.22 and a current ratio of 3.22. The business’s 50-day moving average price is $92.04 and its two-hundred day moving average price is $89.32. The stock has a market cap of $55.97 billion, a P/E ratio of 146.88, a price-to-earnings-growth ratio of 2.38 and a beta of 1.08. Welltower Inc. has a fifty-two week low of $72.47 and a fifty-two week high of $94.81.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, February 13th. The real estate investment trust reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.79). The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.72 billion. Welltower had a return on equity of 1.47% and a net margin of 5.12%. The firm’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.83 earnings per share. On average, sell-side analysts forecast that Welltower Inc. will post 4.04 EPS for the current year.

Welltower Announces Dividend

The business also recently announced 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 2.58%. Welltower’s payout ratio is presently 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.