Welltower Inc. (NYSE:WELL) Shares Acquired by Buckingham Capital Management Inc.

Buckingham Capital Management Inc. boosted its position in Welltower Inc. (NYSE:WELL - Free Report) by 29.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,954 shares of the real estate investment trust's stock after purchasing an additional 8,214 shares during the period. Buckingham Capital Management Inc.'s holdings in Welltower were worth $4,603,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Welltower by 4.4% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 20,869 shares of the real estate investment trust's stock worth $1,950,000 after purchasing an additional 888 shares during the last quarter. Empowered Funds LLC increased its position in shares of Welltower by 34.8% during the first quarter. Empowered Funds LLC now owns 7,365 shares of the real estate investment trust's stock worth $688,000 after acquiring an additional 1,901 shares during the period. Atomi Financial Group Inc. raised its stake in shares of Welltower by 31.0% during the first quarter. Atomi Financial Group Inc. now owns 3,049 shares of the real estate investment trust's stock valued at $285,000 after acquiring an additional 721 shares in the last quarter. NorthRock Partners LLC boosted its holdings in shares of Welltower by 20.5% in the first quarter. NorthRock Partners LLC now owns 3,529 shares of the real estate investment trust's stock valued at $330,000 after purchasing an additional 601 shares during the period. Finally, Meeder Advisory Services Inc. grew its stake in Welltower by 8.9% in the first quarter. Meeder Advisory Services Inc. now owns 8,668 shares of the real estate investment trust's stock worth $810,000 after purchasing an additional 707 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

Welltower Stock Down 0.4 %

NYSE WELL traded down $0.53 on Monday, hitting $137.67. The stock had a trading volume of 2,868,474 shares, compared to its average volume of 2,681,820. The business's fifty day moving average price is $128.94 and its 200 day moving average price is $114.23. The stock has a market cap of $85.73 billion, a price-to-earnings ratio of 90.92, a price-to-earnings-growth ratio of 3.10 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 Inc. has a 52-week low of $84.38 and a 52-week high of $140.19.

Welltower (NYSE:WELL - Get Free Report) last announced its earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.31). Welltower had a return on equity of 3.20% and a net margin of 12.22%. The business had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $1.95 billion. During the same quarter last year, the firm earned $0.92 earnings per share. The firm's quarterly revenue was up 23.7% compared to the same quarter last year. Equities research analysts anticipate that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 21st. Investors of record on Wednesday, November 13th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date of this dividend is Wednesday, November 13th. Welltower's dividend payout ratio (DPR) is presently 176.32%.

Analyst Ratings Changes

WELL has been the subject of a number of research analyst reports. Royal Bank of Canada lifted their target price on Welltower from $101.00 to $114.00 and gave the company a "sector perform" rating in a research report on Friday, August 9th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Welltower from $115.00 to $137.00 and gave the stock a "buy" rating in a research note on Wednesday, August 21st. Wolfe Research upgraded shares of Welltower to a "strong-buy" rating in a report on Friday, August 9th. Wedbush boosted their price target on shares of Welltower from $100.00 to $120.00 and gave the company a "neutral" rating in a report on Monday, August 5th. Finally, Evercore ISI increased their price objective on shares of Welltower from $106.00 to $114.00 and gave the company an "in-line" rating in a research note on Monday, September 16th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Welltower has a consensus rating of "Moderate Buy" and a consensus 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.