28,504 Shares in Welltower Inc. (NYSE:WELL) Purchased by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Welltower Inc. (NYSE:WELL - Free Report) in the third quarter, according to its most recent filing with the SEC. The fund acquired 28,504 shares of the real estate investment trust's stock, valued at approximately $3,649,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Burke & Herbert Bank & Trust Co. purchased a new position in Welltower during the second quarter valued at approximately $674,000. Manning & Napier Advisors LLC purchased a new position in shares of Welltower during the 2nd quarter valued at $14,766,000. Van Hulzen Asset Management LLC purchased a new position in shares of Welltower during the 2nd quarter valued at $411,000. Atria Investments Inc raised its position in shares of Welltower by 19.4% in the first quarter. Atria Investments Inc now owns 27,371 shares of the real estate investment trust's stock worth $2,558,000 after buying an additional 4,444 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in Welltower by 10.1% during the second quarter. American Century Companies Inc. now owns 1,404,781 shares of the real estate investment trust's stock valued at $146,448,000 after buying an additional 129,270 shares during the period. Institutional investors own 94.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on WELL. StockNews.com upgraded Welltower from a "sell" rating to a "hold" rating in a research note on Wednesday, October 30th. Royal Bank of Canada raised their target price on shares of Welltower from $101.00 to $114.00 and gave the company a "sector perform" rating in a research note on Friday, August 9th. Evercore ISI lifted their target price on shares of Welltower from $106.00 to $114.00 and gave the company an "in-line" rating in a research report on Monday, September 16th. Wells Fargo & Company reissued an "equal weight" rating and issued a $135.00 price target (up previously from $134.00) on shares of Welltower in a report on Tuesday, October 1st. Finally, Scotiabank lifted their price objective on shares of Welltower from $121.00 to $133.00 and gave the stock a "sector outperform" rating in a report on Monday, September 23rd. Five equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $116.68.

Welltower Stock Performance

Shares of WELL stock opened at $137.45 on Thursday. Welltower Inc. has a 52 week low of $85.40 and a 52 week high of $140.19. The firm has a market capitalization of $85.59 billion, a price-to-earnings ratio of 90.43, a PEG ratio of 3.10 and a beta of 1.20. The stock has a fifty day moving average of $130.76 and a 200 day moving average of $116.41. 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 (NYSE:WELL - Get Free Report) last issued 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 business had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $1.95 billion. Welltower had a net margin of 12.22% and a return on equity of 3.20%. The company's revenue was up 23.7% on a year-over-year basis. During the same period last year, the business earned $0.92 earnings per share. As a group, research analysts expect that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 21st. Investors of record on Wednesday, November 13th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.95%. The ex-dividend date of this dividend is Wednesday, November 13th. Welltower's dividend payout ratio (DPR) is 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.