Geneos Wealth Management Inc. Has $559,000 Stock Holdings in Welltower Inc. (NYSE:WELL)

Geneos Wealth Management Inc. decreased its stake in Welltower Inc. (NYSE:WELL) by 3.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,672 shares of the real estate investment trust’s stock after selling 231 shares during the period. Geneos Wealth Management Inc.’s holdings in Welltower were worth $559,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of WELL. Price T Rowe Associates Inc. MD increased its stake in shares of Welltower by 12.2% in the second quarter. Price T Rowe Associates Inc. MD now owns 19,431,012 shares of the real estate investment trust’s stock valued at $1,614,717,000 after buying an additional 2,107,730 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of Welltower by 36.5% in the third quarter. Daiwa Securities Group Inc. now owns 6,433,370 shares of the real estate investment trust’s stock valued at $530,109,000 after buying an additional 1,721,116 shares during the period. Macquarie Group Ltd. increased its stake in shares of Welltower by 301.4% in the second quarter. Macquarie Group Ltd. now owns 2,186,648 shares of the real estate investment trust’s stock valued at $181,711,000 after buying an additional 1,641,929 shares during the period. Zimmer Partners LP boosted its position in shares of Welltower by 148.9% during the 2nd quarter. Zimmer Partners LP now owns 2,737,500 shares of the real estate investment trust’s stock valued at $227,486,000 after purchasing an additional 1,637,500 shares in the last quarter. Finally, Amundi bought a new stake in shares of Welltower during the 2nd quarter valued at about $107,594,000. 89.96% of the stock is owned by institutional investors.

Shares of WELL opened at $87.51 on Friday. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.77. The stock has a 50 day moving average of $84.52 and a 200 day moving average of $84.82. Welltower Inc. has a 12 month low of $59.38 and a 12 month high of $89.80. The company has a market capitalization of $38.09 billion, a price-to-earnings ratio of 84.15, a PEG ratio of 4.30 and a beta of 1.02.

Welltower (NYSE:WELL) last released its earnings results on Thursday, November 4th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.80 by ($0.38). Welltower had a return on equity of 2.86% and a net margin of 9.69%. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the prior year, the business earned $0.84 earnings per share. The business’s quarterly revenue was up 19.6% compared to the same quarter last year. As a group, equities research analysts predict that Welltower Inc. will post 0.81 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 23rd. Shareholders of record on Tuesday, November 16th were given a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date was Monday, November 15th. Welltower’s dividend payout ratio is currently 234.62%.

Several equities research analysts recently commented on WELL shares. JPMorgan Chase & Co. lowered Welltower from an “overweight” rating to a “neutral” rating and cut their target price for the company from $94.00 to $90.00 in a research report on Monday, December 20th. Raymond James upped their target price on Welltower from $98.00 to $100.00 and gave the company a “strong-buy” rating in a research report on Monday, January 10th. Royal Bank of Canada cut their target price on Welltower from $95.00 to $93.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 17th. Barclays started coverage on Welltower in a report on Wednesday, November 17th. They issued an “overweight” rating and a $91.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Welltower from $80.00 to $102.00 and gave the stock a “buy” rating in a report on Monday, September 20th. Five investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Welltower presently has an average rating of “Buy” and a consensus target price of $89.94.

Welltower Company Profile

Welltower, Inc engages in the provision of health care infrastructure and investment of seniors housing operators, post-acute providers, and health systems. It operates through the following segments: Seniors Housing Operating, Triple-net, and Outpatient Medical. The Seniors Housing Operating segment includes the seniors housing communities.

Featured Article: Buyback

Want to see what other hedge funds are holding WELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Welltower Inc. (NYSE:WELL).

Institutional Ownership by Quarter for Welltower (NYSE:WELL)

Receive News & Ratings for Welltower Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Welltower and related companies with MarketBeat.com's FREE daily email newsletter.