Caldwell Sutter Capital Inc. Has $251,000 Holdings in Welltower Inc. (NYSE:WELL)

Caldwell Sutter Capital Inc. raised its holdings in shares of Welltower Inc. (NYSE:WELL) by 11.2% during the first quarter, HoldingsChannel.com reports. The firm owned 2,685 shares of the real estate investment trust’s stock after acquiring an additional 270 shares during the quarter. Caldwell Sutter Capital Inc.’s holdings in Welltower were worth $251,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Welltower by 6.4% in the 4th quarter. Vanguard Group Inc. now owns 85,930,671 shares of the real estate investment trust’s stock valued at $7,748,369,000 after acquiring an additional 5,173,079 shares during the last quarter. Norges Bank bought a new stake in shares of Welltower in the 4th quarter valued at about $2,453,039,000. Capital International Investors increased its stake in shares of Welltower by 6.3% in the 4th quarter. Capital International Investors now owns 23,132,262 shares of the real estate investment trust’s stock valued at $2,085,836,000 after acquiring an additional 1,361,150 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Welltower by 0.7% in the 4th quarter. Principal Financial Group Inc. now owns 13,012,500 shares of the real estate investment trust’s stock valued at $1,173,337,000 after acquiring an additional 87,106 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in shares of Welltower by 1.3% in the 4th quarter. Daiwa Securities Group Inc. now owns 7,986,481 shares of the real estate investment trust’s stock valued at $720,141,000 after acquiring an additional 99,314 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Welltower

In other Welltower news, Director Kenneth J. Bacon sold 1,800 shares of Welltower stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $103.91, for a total value of $187,038.00. Following the transaction, the director now owns 14,579 shares in the company, valued at $1,514,903.89. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.12% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Scotiabank upped their price target on Welltower from $96.00 to $108.00 and gave the company a “sector outperform” rating in a research note on Thursday, May 16th. KeyCorp increased their target price on Welltower from $95.00 to $115.00 and gave the stock an “overweight” rating in a research note on Tuesday. StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a research note on Sunday. BNP Paribas started coverage on Welltower in a research note on Monday, March 18th. They set an “outperform” rating and a $104.00 target price for the company. Finally, Mizuho increased their target price on Welltower from $98.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, May 8th. One research analyst has rated the stock with a sell rating, four have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $99.50.

Welltower Price Performance

Shares of NYSE WELL traded down $0.62 during mid-day trading on Wednesday, reaching $105.35. The company had a trading volume of 1,204,655 shares, compared to its average volume of 2,687,225. The company has a debt-to-equity ratio of 0.50, a quick ratio of 3.83 and a current ratio of 3.83. Welltower Inc. has a one year low of $77.90 and a one year high of $106.23. The firm has a market cap of $62.99 billion, a price-to-earnings ratio of 130.21, a PEG ratio of 2.57 and a beta of 1.18. The business’s 50-day simple moving average is $100.89 and its 200 day simple moving average is $94.24.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, April 29th. The real estate investment trust reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.72). Welltower had a return on equity of 1.77% and a net margin of 6.37%. The company had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the business posted $0.85 EPS. The firm’s revenue for the quarter was up 19.2% on a year-over-year basis. On average, research analysts predict that Welltower Inc. will post 4.12 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 22nd. Shareholders of record on Monday, May 13th were given a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date was Friday, May 10th. Welltower’s dividend payout ratio is presently 301.23%.

Welltower Profile

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.