Mizuho Securities USA LLC Has $4.80 Million Stake in Welltower Inc. (NYSE:WELL)

Mizuho Securities USA LLC trimmed its position in Welltower Inc. (NYSE:WELL - Free Report) by 18.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,525 shares of the real estate investment trust's stock after selling 8,580 shares during the quarter. Mizuho Securities USA LLC's holdings in Welltower were worth $4,804,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. First Foundation Advisors bought a new stake in Welltower during the second quarter valued at about $26,000. TruNorth Capital Management LLC bought a new stake in Welltower during the 2nd quarter valued at approximately $27,000. Meeder Asset Management Inc. bought a new stake in Welltower during the 2nd quarter valued at approximately $30,000. Fortitude Family Office LLC grew its holdings in Welltower by 37.0% in the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 78 shares during the last quarter. Finally, Centerpoint Advisors LLC bought a new position in Welltower in the 2nd quarter worth approximately $31,000. 94.80% of the stock is owned by institutional investors.

Welltower Price Performance

Shares of NYSE:WELL traded up $0.03 on Friday, hitting $137.91. The stock had a trading volume of 1,539,610 shares, compared to its average volume of 2,659,483. The firm's 50 day moving average price is $131.10 and its 200-day moving average price is $116.84. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. Welltower Inc. has a twelve month low of $85.40 and a twelve month high of $140.19. The company has a market capitalization of $85.88 billion, a price-to-earnings ratio of 90.73, a price-to-earnings-growth ratio of 3.10 and a beta of 1.20.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly 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 last year, the firm earned $0.92 earnings per share. Welltower's quarterly revenue was up 23.7% on a year-over-year basis. On average, equities research analysts predict that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on WELL. Wedbush raised their price objective on shares of Welltower from $100.00 to $120.00 and gave the stock a "neutral" rating in a research note on Monday, August 5th. Wolfe Research upgraded shares of Welltower to a "strong-buy" rating in a report on Friday, August 9th. Wells Fargo & Company reiterated an "equal weight" rating and issued a $135.00 target price (up previously from $134.00) on shares of Welltower in a research note on Tuesday, October 1st. Evercore ISI boosted their price target on Welltower from $106.00 to $114.00 and gave the company an "in-line" rating in a research note on Monday, September 16th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Welltower from $115.00 to $137.00 and gave the company a "buy" rating in a report on Wednesday, August 21st. Five 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's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $116.68.

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.