27,200 Shares in Welltower Inc. (NYSE:WELL) Acquired by Erste Asset Management GmbH

Erste Asset Management GmbH bought a new stake in shares of Welltower Inc. (NYSE:WELL - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 27,200 shares of the real estate investment trust's stock, valued at approximately $3,462,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Cetera Investment Advisers boosted its position in Welltower by 527.5% during the 1st quarter. Cetera Investment Advisers now owns 82,174 shares of the real estate investment trust's stock worth $7,678,000 after acquiring an additional 69,078 shares during the period. Cetera Advisors LLC grew its position in Welltower by 17.4% in the 1st quarter. Cetera Advisors LLC now owns 23,171 shares of the real estate investment trust's stock valued at $2,165,000 after buying an additional 3,429 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Welltower by 26.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,865 shares of the real estate investment trust's stock valued at $178,000 after buying an additional 394 shares in the last quarter. Massmutual Trust Co. FSB ADV increased its stake in Welltower by 11.6% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,941 shares of the real estate investment trust's stock valued at $202,000 after buying an additional 201 shares during the period. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of Welltower during the 2nd quarter worth about $489,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently issued reports on WELL. Wedbush raised their price objective on shares of Welltower from $100.00 to $120.00 and gave the company a "neutral" rating in a research note on Monday, August 5th. Royal Bank of Canada increased their price target on Welltower from $101.00 to $114.00 and gave the company a "sector perform" rating in a research note on Friday, August 9th. Scotiabank boosted their price objective on Welltower from $133.00 to $142.00 and gave the stock a "sector outperform" rating in a research note on Monday, November 25th. StockNews.com raised Welltower from a "sell" rating to a "hold" rating in a research note on Wednesday, October 30th. Finally, Evercore ISI boosted their price target on shares of Welltower from $106.00 to $114.00 and gave the stock an "in-line" rating in a research report on Monday, September 16th. Five 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 company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $117.50.

Welltower Stock Performance

WELL traded down $1.17 on Tuesday, hitting $132.86. 3,141,990 shares of the stock traded hands, compared to its average volume of 2,691,806. The business has a fifty day moving average price of $132.45 and a two-hundred day moving average price of $118.93. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $82.73 billion, a PE ratio of 87.41, a P/E/G ratio of 3.01 and a beta of 1.20. Welltower Inc. has a 52 week low of $85.40 and a 52 week high of $140.75.

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). Welltower had a net margin of 12.22% and a return on equity of 3.20%. The firm had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the previous year, the company posted $0.92 earnings per share. The business's revenue for the quarter was up 23.7% compared to the same quarter last year. On average, research analysts predict that Welltower Inc. will post 4.3 EPS for the current fiscal year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Wednesday, November 13th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $2.68 annualized dividend and a dividend yield of 2.02%. Welltower's dividend payout ratio (DPR) is currently 176.32%.

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.