Centiva Capital LP Purchases 14,521 Shares of Welltower Inc. (NYSE:WELL)

Centiva Capital LP boosted its position in Welltower Inc. (NYSE:WELL - Free Report) by 269.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,903 shares of the real estate investment trust's stock after purchasing an additional 14,521 shares during the period. Centiva Capital LP's holdings in Welltower were worth $2,548,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of WELL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Welltower by 638.0% during the 3rd 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 worth $886,022,000 after acquiring an additional 5,982,711 shares during the period. FMR LLC boosted its position in Welltower by 38.1% during 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 purchasing an additional 3,977,845 shares during the period. Duff & Phelps Investment Management Co. bought a new stake in shares of Welltower in the second quarter valued at approximately $254,977,000. Canada Pension Plan Investment Board raised its position 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. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Welltower by 11.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,914,363 shares of the real estate investment trust's stock valued at $373,126,000 after buying an additional 291,839 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on WELL shares. Wolfe Research upgraded Welltower to a "strong-buy" rating in a research report on Friday, August 9th. Deutsche Bank Aktiengesellschaft lifted their target price on Welltower from $115.00 to $137.00 and gave the company a "buy" rating in a report on Wednesday, August 21st. Scotiabank raised their price objective on shares of Welltower from $133.00 to $142.00 and gave the company a "sector outperform" rating in a research report on Monday, November 25th. Wedbush increased their target price 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. Finally, Royal Bank of Canada boosted their price target on shares of Welltower from $101.00 to $114.00 and gave the company a "sector perform" rating in a research report on Friday, August 9th. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $117.50.

Welltower Trading Down 0.3 %

WELL traded down $0.39 on Tuesday, hitting $133.64. 1,010,226 shares of the company were exchanged, compared to its average volume of 2,682,298. 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 12 month low of $85.40 and a 12 month high of $140.75. The firm has a fifty day simple moving average of $132.24 and a two-hundred day simple moving average of $118.48. The stock has a market capitalization of $83.22 billion, a PE ratio of 88.23, a price-to-earnings-growth ratio of 3.10 and a beta of 1.20.

Welltower (NYSE:WELL - Get Free Report) last posted 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 for the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the company earned $0.92 earnings per share. The company's quarterly revenue was up 23.7% compared to the same quarter last year. Sell-side analysts expect that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Wednesday, November 13th were issued a dividend of $0.67 per share. 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 2.01%. 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.