Welltower Inc. (NYSE:WELL) Shares Bought by Windle Wealth LLC

Windle Wealth LLC raised its stake in Welltower Inc. (NYSE:WELL) by 0.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,171 shares of the real estate investment trust’s stock after acquiring an additional 312 shares during the quarter. Welltower makes up approximately 4.8% of Windle Wealth LLC’s investment portfolio, making the stock its 3rd largest position. Windle Wealth LLC’s holdings in Welltower were worth $8,856,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. First Foundation Advisors acquired a new position in Welltower in the second quarter valued at approximately $26,000. TruNorth Capital Management LLC acquired a new position in Welltower in the second quarter valued at approximately $27,000. Meeder Asset Management Inc. acquired a new position in shares of Welltower during the 2nd quarter worth approximately $30,000. Fortitude Family Office LLC raised its stake in shares of Welltower by 37.0% during the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 78 shares during the period. Finally, Centerpoint Advisors LLC acquired a new position in shares of Welltower during the 2nd quarter worth approximately $31,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently weighed in on WELL. Scotiabank upped their target price on Welltower from $121.00 to $133.00 and gave the stock a “sector outperform” rating in a research note on Monday, September 23rd. Deutsche Bank Aktiengesellschaft upped their target price on Welltower from $115.00 to $137.00 and gave the stock a “buy” rating in a research note on Wednesday, August 21st. Evercore ISI increased their price objective on Welltower from $106.00 to $114.00 and gave the company an “in-line” rating in a research note on Monday, September 16th. Wells Fargo & Company reissued an “equal weight” rating and issued a $135.00 price objective (up from $134.00) on shares of Welltower in a research note on Tuesday, October 1st. Finally, Wolfe Research raised Welltower to a “strong-buy” rating in a research note on Friday, August 9th. Five equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and a consensus target price of $116.68.

Welltower Stock Performance

Shares of Welltower stock opened at $137.02 on Tuesday. The business has a 50-day moving average of $130.40 and a 200 day moving average of $115.96. Welltower Inc. has a 12 month low of $85.40 and a 12 month high of $140.19. The stock has a market capitalization of $85.32 billion, a price-to-earnings ratio of 90.15, a price-to-earnings-growth ratio of 3.05 and a beta of 1.20. The company has a debt-to-equity ratio of 0.51, a current ratio of 4.10 and a quick ratio of 4.10.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.31). The company had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.95 billion. Welltower had a net margin of 12.22% and a return on equity of 3.20%. Welltower’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.92 EPS. As a group, sell-side analysts forecast that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Wednesday, November 13th will be paid a $0.67 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $2.68 dividend on an annualized basis and a yield of 1.96%. Welltower’s dividend payout ratio is presently 176.32%.

Welltower 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.