Paloma Partners Management Co Has $2.18 Million Position in Welltower Inc. (NYSE:WELL)

Paloma Partners Management Co raised its position in Welltower Inc. (NYSE:WELL - Free Report) by 187.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,017 shares of the real estate investment trust's stock after purchasing an additional 11,106 shares during the quarter. Paloma Partners Management Co's holdings in Welltower were worth $2,179,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of WELL. Fortitude Family Office LLC lifted its stake 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 acquiring an additional 78 shares in the last quarter. Old North State Wealth Management LLC boosted its holdings in Welltower by 0.6% during the third quarter. Old North State Wealth Management LLC now owns 12,864 shares of the real estate investment trust's stock worth $1,648,000 after purchasing an additional 78 shares during the last quarter. Frank Rimerman Advisors LLC grew its position in Welltower by 0.9% in the third quarter. Frank Rimerman Advisors LLC now owns 9,617 shares of the real estate investment trust's stock valued at $1,231,000 after purchasing an additional 82 shares in the last quarter. Valeo Financial Advisors LLC boosted its stake in shares of Welltower by 2.6% during the 3rd quarter. Valeo Financial Advisors LLC now owns 3,668 shares of the real estate investment trust's stock worth $470,000 after buying an additional 94 shares during the last quarter. Finally, GHP Investment Advisors Inc. boosted its position in Welltower by 14.1% during the third quarter. GHP Investment Advisors Inc. now owns 775 shares of the real estate investment trust's stock valued at $99,000 after purchasing an additional 96 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on WELL. Scotiabank upped their target price on shares of Welltower from $133.00 to $142.00 and gave the company a "sector outperform" rating in a report on Monday, November 25th. Wedbush boosted their price objective on shares of Welltower from $100.00 to $120.00 and gave the company a "neutral" rating in a report on Monday, August 5th. Wells Fargo & Company reaffirmed an "equal weight" rating and set a $135.00 target price (up from $134.00) on shares of Welltower in a report 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 raised their price objective on Welltower from $115.00 to $137.00 and gave the stock a "buy" rating in a research note 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. According to data from MarketBeat.com, Welltower presently has an average rating of "Moderate Buy" and an average price target of $117.50.

Welltower Trading Down 3.3 %

Shares of WELL stock traded down $4.57 on Monday, hitting $133.61. The company had a trading volume of 1,085,149 shares, compared to its average volume of 2,683,833. The stock's 50-day moving average is $132.24 and its two-hundred day moving average is $118.48. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. The firm has a market cap of $83.20 billion, a P/E ratio of 90.91, a P/E/G ratio of 3.10 and a beta of 1.20. Welltower Inc. has a twelve month low of $85.40 and a twelve month high of $140.75.

Welltower (NYSE:WELL - Get Free Report) last issued its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.04 by ($0.31). Welltower had a return on equity of 3.20% and a net margin of 12.22%. 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 posted $0.92 EPS. The firm's revenue for the quarter was up 23.7% on a year-over-year basis. On average, equities research analysts anticipate that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Wednesday, November 13th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date was Wednesday, November 13th. Welltower's dividend payout ratio is 176.32%.

About Welltower

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.