Welltower Inc. (NYSE:WELL) Stock Position Raised by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise increased its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 97.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,480 shares of the real estate investment trust's stock after buying an additional 19,446 shares during the period. Banque Cantonale Vaudoise's holdings in Welltower were worth $5,054,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in WELL. Fifth Third Wealth Advisors LLC grew its holdings in Welltower by 2.5% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 5,219 shares of the real estate investment trust's stock worth $668,000 after acquiring an additional 125 shares in the last quarter. Prospera Financial Services Inc increased its holdings in Welltower by 5.8% in the third quarter. Prospera Financial Services Inc now owns 8,450 shares of the real estate investment trust's stock valued at $1,083,000 after buying an additional 463 shares during the last quarter. Caprock Group LLC raised its stake in Welltower by 38.8% in the third quarter. Caprock Group LLC now owns 8,529 shares of the real estate investment trust's stock valued at $1,092,000 after buying an additional 2,385 shares in the last quarter. Pathstone Holdings LLC lifted its holdings in Welltower by 1.2% during the 3rd quarter. Pathstone Holdings LLC now owns 44,609 shares of the real estate investment trust's stock worth $5,711,000 after buying an additional 548 shares during the last quarter. Finally, Windle Wealth LLC lifted its holdings in Welltower by 0.5% during the 3rd quarter. Windle Wealth LLC now owns 69,171 shares of the real estate investment trust's stock worth $8,856,000 after buying an additional 312 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Welltower Price Performance

NYSE WELL traded up $1.17 on Tuesday, reaching $138.18. The company's stock had a trading volume of 1,652,554 shares, compared to its average volume of 2,672,373. The firm's 50 day moving average is $130.40 and its two-hundred day moving average is $115.96. The stock has a market cap of $86.04 billion, a PE ratio of 89.81, a PEG ratio of 3.05 and a beta of 1.20. 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 twelve month low of $85.40 and a twelve month high of $140.19.

Welltower (NYSE:WELL - Get Free Report) last released its earnings results on Monday, October 28th. The real estate investment trust reported $0.73 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.31). The business 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%. The firm's revenue for the quarter was up 23.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.92 earnings per share. As a group, sell-side analysts predict that Welltower Inc. will post 4.3 EPS for the current year.

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 21st. Stockholders of record on Wednesday, November 13th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.94%. The ex-dividend date is Wednesday, November 13th. Welltower's dividend payout ratio is 176.32%.

Analyst Ratings Changes

WELL has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on Welltower from $115.00 to $137.00 and gave the company a "buy" rating in a report on Wednesday, August 21st. StockNews.com raised shares of Welltower from a "sell" rating to a "hold" rating in a report on Wednesday, October 30th. Wells Fargo & Company restated an "equal weight" rating and issued a $135.00 target price (up previously from $134.00) on shares of Welltower in a report on Tuesday, October 1st. Scotiabank lifted their price target on shares of Welltower from $121.00 to $133.00 and gave the stock a "sector outperform" rating in a research note on Monday, September 23rd. Finally, Wedbush boosted their price target on shares of Welltower from $100.00 to $120.00 and gave the company a "neutral" rating in a research report on Monday, August 5th. Five investment 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. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $116.68.

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.