Pensionfund DSM Netherlands Sells 11,000 Shares of Welltower Inc. (NYSE:WELL)

Pensionfund DSM Netherlands lessened its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 17.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,753 shares of the real estate investment trust's stock after selling 11,000 shares during the quarter. Welltower makes up about 4.1% of Pensionfund DSM Netherlands' investment portfolio, making the stock its 7th largest holding. Pensionfund DSM Netherlands' holdings in Welltower were worth $6,648,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Wellington Management Group LLP raised its position in shares of Welltower by 10.6% during the 3rd quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust's stock worth $2,392,349,000 after purchasing an additional 1,797,330 shares during the period. FMR LLC increased its position in Welltower by 38.1% in the third quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust's stock worth $1,847,289,000 after buying an additional 3,977,845 shares during the period. Dimensional Fund Advisors LP lifted its stake in Welltower by 0.8% in the second quarter. Dimensional Fund Advisors LP now owns 7,814,741 shares of the real estate investment trust's stock valued at $814,678,000 after buying an additional 62,942 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Welltower by 638.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust's stock valued at $886,022,000 after acquiring an additional 5,982,711 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Welltower by 0.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust's stock worth $776,657,000 after acquiring an additional 46,332 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Wall Street Analysts Forecast Growth

WELL has been the subject of a number of analyst reports. StockNews.com raised shares of Welltower from a "sell" rating to a "hold" rating in a research note on Wednesday, October 30th. Evercore ISI boosted their price objective on Welltower from $106.00 to $114.00 and gave the stock an "in-line" rating in a research report on Monday, September 16th. Mizuho raised their target price on Welltower from $136.00 to $141.00 and gave the company an "outperform" rating in a research report on Thursday, December 5th. Scotiabank boosted their price target on Welltower from $133.00 to $142.00 and gave the stock a "sector outperform" rating in a research report on Monday, November 25th. Finally, Jefferies Financial Group raised Welltower from a "hold" rating to a "buy" rating and increased their price target for the stock from $132.00 to $147.00 in a research note on Thursday. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $127.63.

Welltower Price Performance

Shares of NYSE WELL traded down $1.97 during midday trading on Monday, reaching $123.85. The company's stock had a trading volume of 2,136,795 shares, compared to its average volume of 2,095,631. The company has a market cap of $77.12 billion, a price-to-earnings ratio of 81.48, a price-to-earnings-growth ratio of 2.90 and a beta of 1.22. Welltower Inc. has a one year low of $85.40 and a one year high of $140.75. 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 company has a 50 day moving average price of $132.22 and a 200 day moving average price of $122.93.

Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings data 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). The company had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.95 billion. Welltower had a net margin of 12.22% and a return on equity of 3.20%. Welltower's revenue was up 23.7% on a year-over-year basis. During the same quarter last year, the company posted $0.92 EPS. On average, equities research analysts expect that Welltower Inc. will post 4.3 EPS for the current year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Wednesday, November 13th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend was Wednesday, November 13th. Welltower's dividend payout ratio is presently 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.