Welltower Inc. (NYSE:WELL) Stock Position Decreased by Captrust Financial Advisors

Captrust Financial Advisors decreased its position in Welltower Inc. (NYSE:WELL) by 5.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 78,170 shares of the real estate investment trust’s stock after selling 4,354 shares during the quarter. Captrust Financial Advisors’ holdings in Welltower were worth $10,008,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC grew its position in Welltower by 38.1% in the third quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock worth $1,847,289,000 after acquiring an additional 3,977,845 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Welltower by 0.8% in the second quarter. Dimensional Fund Advisors LP now owns 7,814,741 shares of the real estate investment trust’s stock worth $814,678,000 after purchasing an additional 62,942 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Welltower by 638.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock worth $886,022,000 after buying an additional 5,982,711 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Welltower by 0.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust’s stock worth $776,657,000 after buying an additional 46,332 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Welltower by 3.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,026,158 shares of the real estate investment trust’s stock worth $419,727,000 after acquiring an additional 139,430 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Trading Down 0.8 %

Welltower stock opened at $138.18 on Monday. The business has a 50 day moving average price of $132.24 and a two-hundred day moving average price of $118.48. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51. Welltower Inc. has a 12 month low of $85.40 and a 12 month high of $140.75. The stock has a market cap of $86.04 billion, a price-to-earnings ratio of 90.91, a price-to-earnings-growth ratio of 3.10 and a beta of 1.20.

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

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Wednesday, November 13th were paid a $0.67 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $2.68 dividend on an annualized basis and a yield of 1.94%. Welltower’s payout ratio is currently 176.32%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Wedbush raised their price objective on Welltower from $100.00 to $120.00 and gave the company a “neutral” rating in a research note on Monday, August 5th. Wells Fargo & Company restated 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. Scotiabank raised their target price on shares of Welltower from $133.00 to $142.00 and gave the company a “sector outperform” rating in a research note on Monday, November 25th. StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. Finally, Evercore ISI raised their price target on Welltower from $106.00 to $114.00 and gave the company an “in-line” rating in a research report on Monday, September 16th. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $117.50.

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.