Welltower Inc. (NYSE:WELL) Shares Acquired by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in Welltower Inc. (NYSE:WELL - Free Report) by 3.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 193,743 shares of the real estate investment trust's stock after purchasing an additional 6,769 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.'s holdings in Welltower were worth $24,805,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. First Foundation Advisors acquired a new stake in shares of Welltower during the 2nd quarter worth about $26,000. TruNorth Capital Management LLC acquired a new stake in shares of Welltower during the second quarter valued at about $27,000. Meeder Asset Management Inc. purchased a new stake in shares of Welltower in the 2nd quarter valued at approximately $30,000. Centerpoint Advisors LLC acquired a new position in shares of Welltower in the 2nd quarter worth approximately $31,000. Finally, Fortitude Family Office LLC boosted its position in shares of Welltower by 37.0% during the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 78 shares during the period. Hedge funds and other institutional investors own 94.80% of the company's stock.

Welltower Trading Up 0.0 %

Shares of NYSE:WELL opened at $137.91 on Friday. Welltower Inc. has a 52 week low of $85.40 and a 52 week high of $140.19. The company's 50 day moving average is $131.10 and its two-hundred day moving average is $116.84. The company has a market cap of $85.88 billion, a PE ratio of 90.73, a P/E/G ratio of 3.09 and a beta of 1.20. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51.

Welltower (NYSE:WELL - Get Free Report) last issued its earnings results on Monday, October 28th. The real estate investment trust reported $0.73 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.31). The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.95 billion. Welltower had a return on equity of 3.20% and a net margin of 12.22%. The business's revenue for the quarter was up 23.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.92 EPS. Equities analysts predict that Welltower Inc. will post 4.3 earnings per share for the current fiscal 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 dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend was Wednesday, November 13th. Welltower's payout ratio is 176.32%.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Scotiabank boosted their target price on Welltower from $121.00 to $133.00 and gave the company a "sector outperform" rating in a research report on Monday, September 23rd. Wells Fargo & Company reissued an "equal weight" rating and set a $135.00 target price (up previously from $134.00) on shares of Welltower in a research note on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft raised their target price on Welltower from $115.00 to $137.00 and gave the company a "buy" rating in a report on Wednesday, August 21st. StockNews.com raised shares of Welltower from a "sell" rating to a "hold" rating in a research report on Wednesday, October 30th. Finally, Wolfe Research raised shares of Welltower to a "strong-buy" rating in a research note on Friday, August 9th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $116.68.

Welltower Company 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.