Welltower Inc. (NYSE:WELL) Shares Purchased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. boosted its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 15.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,047,984 shares of the real estate investment trust's stock after purchasing an additional 141,070 shares during the period. Nomura Asset Management Co. Ltd. owned about 0.17% of Welltower worth $134,173,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake 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 purchasing an additional 5,982,711 shares during the period. FMR LLC grew its stake in Welltower by 38.1% in the 3rd quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust's stock worth $1,847,289,000 after acquiring an additional 3,977,845 shares in the last quarter. Duff & Phelps Investment Management Co. purchased a new position in shares of Welltower during the second quarter worth approximately $254,977,000. Wellington Management Group LLP raised its stake in shares of Welltower by 10.6% during the third quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust's stock valued at $2,392,349,000 after acquiring an additional 1,797,330 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its holdings in shares of Welltower by 24.6% in the second quarter. Canada Pension Plan Investment Board now owns 2,112,452 shares of the real estate investment trust's stock valued at $220,223,000 after purchasing an additional 417,046 shares during the period. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Stock Down 1.5 %

Shares of Welltower stock traded down $1.92 during trading on Monday, reaching $129.45. The company's stock had a trading volume of 3,751,945 shares, compared to its average volume of 2,695,734. Welltower Inc. has a 1-year low of $85.40 and a 1-year high of $140.75. The company has a 50-day simple moving average of $132.77 and a two-hundred day simple moving average of $119.80. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51. The company has a market cap of $80.61 billion, a price-to-earnings ratio of 85.16, a P/E/G ratio of 2.95 and a beta of 1.20.

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 for the quarter, missing the consensus estimate of $1.04 by ($0.31). The business had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.95 billion. Welltower had a return on equity of 3.20% and a net margin of 12.22%. Welltower's revenue was up 23.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.92 EPS. As a group, equities analysts forecast that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Wednesday, November 13th were issued a $0.67 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.07%. Welltower's dividend payout ratio is currently 176.32%.

Analysts Set New Price Targets

Several research firms have commented on WELL. Deutsche Bank Aktiengesellschaft raised their price objective on Welltower from $115.00 to $137.00 and gave the stock a "buy" rating in a report on Wednesday, August 21st. StockNews.com upgraded shares of Welltower from a "sell" rating to a "hold" rating in a report on Wednesday, October 30th. Mizuho boosted their price target on shares of Welltower from $136.00 to $141.00 and gave the company an "outperform" rating in a report on Thursday. Evercore ISI upped 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. Finally, Scotiabank boosted their price objective on shares of Welltower from $133.00 to $142.00 and gave the stock a "sector outperform" rating in a research note on Monday, November 25th. Five research analysts have rated the stock with a hold rating, seven have given 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 an average rating of "Moderate Buy" and a consensus target price of $120.77.

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.