Nomura Holdings Inc. Purchases New Position in Welltower Inc. (NYSE:WELL)

Nomura Holdings Inc. purchased a new position in Welltower Inc. (NYSE:WELL - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 98,221 shares of the real estate investment trust's stock, valued at approximately $8,857,000.

Several other hedge funds have also recently bought and sold shares of the company. Jump Financial LLC acquired a new stake in shares of Welltower during the third quarter worth approximately $283,000. Pathstone Family Office LLC increased its position in shares of Welltower by 128.2% during the 3rd quarter. Pathstone Family Office LLC now owns 14,208 shares of the real estate investment trust's stock worth $1,164,000 after purchasing an additional 7,982 shares in the last quarter. HighTower Advisors LLC increased its position in Welltower by 5.1% in the 3rd quarter. HighTower Advisors LLC now owns 64,331 shares of the real estate investment trust's stock valued at $5,251,000 after acquiring an additional 3,100 shares in the last quarter. Headlands Technologies LLC increased its position in Welltower by 479.6% in the 3rd quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 259 shares in the last quarter. Finally, Blair William & Co. IL grew its position in shares of Welltower by 5.1% during the 3rd quarter. Blair William & Co. IL now owns 30,086 shares of the real estate investment trust's stock worth $2,465,000 after buying an additional 1,472 shares during the period. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Down 0.1 %

WELL stock traded down $0.07 during midday trading on Tuesday, hitting $103.46. The stock had a trading volume of 2,346,453 shares, compared to its average volume of 2,504,294. The firm has a market cap of $61.86 billion, a price-to-earnings ratio of 127.73, a price-to-earnings-growth ratio of 2.56 and a beta of 1.16. The business has a 50-day moving average of $97.10 and a two-hundred day moving average of $92.75. Welltower Inc. has a 52-week low of $75.86 and a 52-week high of $105.69. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.83 and a quick ratio of 3.83.

Welltower (NYSE:WELL - Get Free Report) last released its earnings results on Monday, April 29th. The real estate investment trust reported $0.22 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.72). Welltower had a return on equity of 1.77% and a net margin of 6.37%. The company had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period last year, the firm posted $0.85 earnings per share. The company's revenue was up 19.2% compared to the same quarter last year. As a group, equities research analysts forecast that Welltower Inc. will post 4.12 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Monday, May 13th were issued a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date was Friday, May 10th. Welltower's payout ratio is currently 301.23%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on WELL shares. Mizuho lifted their price target on shares of Welltower from $98.00 to $105.00 and gave the company a "buy" rating in a research note on Wednesday, May 8th. Scotiabank upped their price objective on shares of Welltower from $96.00 to $108.00 and gave the stock a "sector outperform" rating in a research report on Thursday, May 16th. Wells Fargo & Company upped their price objective on shares of Welltower from $107.00 to $111.00 and gave the stock an "overweight" rating in a research report on Thursday, May 30th. StockNews.com raised shares of Welltower from a "sell" rating to a "hold" rating in a research report on Wednesday, May 22nd. Finally, BNP Paribas began coverage on shares of Welltower in a research report on Monday, March 18th. They set an "outperform" rating and a $104.00 price objective for the company. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $98.07.

Insider Activity

In other Welltower news, Director Kenneth J. Bacon sold 1,800 shares of the stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $103.91, for a total value of $187,038.00. Following the transaction, the director now owns 14,579 shares of the company's stock, valued at $1,514,903.89. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.12% of the company's stock.

Welltower Profile

Welltower Inc NYSE: WELL, a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.