Natixis Advisors LLC Purchases 21,559 Shares of Welltower Inc. (NYSE:WELL)

Natixis Advisors LLC increased its position in shares of Welltower Inc. (NYSE:WELL) by 6.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 335,559 shares of the real estate investment trust’s stock after purchasing an additional 21,559 shares during the period. Natixis Advisors LLC owned 0.05% of Welltower worth $42,961,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fortitude Family Office LLC grew its stake in Welltower by 37.0% during the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 78 shares in the last quarter. Old North State Wealth Management LLC grew its stake in Welltower by 0.6% during the third quarter. Old North State Wealth Management LLC now owns 12,864 shares of the real estate investment trust’s stock valued at $1,648,000 after acquiring an additional 78 shares in the last quarter. Frank Rimerman Advisors LLC grew its stake in Welltower by 0.9% during the third quarter. Frank Rimerman Advisors LLC now owns 9,617 shares of the real estate investment trust’s stock valued at $1,231,000 after acquiring an additional 82 shares in the last quarter. Valeo Financial Advisors LLC grew its stake in Welltower by 2.6% during the third quarter. Valeo Financial Advisors LLC now owns 3,668 shares of the real estate investment trust’s stock valued at $470,000 after acquiring an additional 94 shares in the last quarter. Finally, GHP Investment Advisors Inc. grew its stake in Welltower by 14.1% during the third quarter. GHP Investment Advisors Inc. now owns 775 shares of the real estate investment trust’s stock valued at $99,000 after acquiring an additional 96 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors.

Welltower Trading Up 1.2 %

Shares of WELL opened at $136.02 on Monday. Welltower Inc. has a 1-year low of $85.40 and a 1-year high of $140.19. The company has a 50-day moving average of $130.20 and a 200 day moving average of $115.67. The firm has a market capitalization of $84.70 billion, a price-to-earnings ratio of 89.49, a PEG 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 announced its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.31). Welltower had a net margin of 12.22% and a return on equity of 3.20%. The company had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the previous year, the business earned $0.92 EPS. The company’s quarterly revenue was up 23.7% compared to the same quarter last year. On average, research analysts expect that Welltower Inc. will post 4.3 EPS for the current year.

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Stockholders of record on Wednesday, November 13th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $2.68 annualized dividend and a dividend yield of 1.97%. Welltower’s dividend payout ratio is currently 176.32%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on WELL shares. Scotiabank raised their target price on shares of Welltower from $121.00 to $133.00 and gave the company a “sector outperform” rating in a research note on Monday, September 23rd. Evercore ISI lifted their price objective on shares of Welltower from $106.00 to $114.00 and gave the stock an “in-line” rating in a research note on Monday, September 16th. StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. 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, Royal Bank of Canada lifted their price objective on shares of Welltower from $101.00 to $114.00 and gave the stock a “sector perform” rating in a research note on Friday, August 9th. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $116.68.

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.