Welltower Inc. (NYSE:WELL) Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its holdings in shares of Welltower Inc. (NYSE:WELL - Free Report) by 11.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,423 shares of the real estate investment trust's stock after buying an additional 3,872 shares during the quarter. Quantinno Capital Management LP's holdings in Welltower were worth $4,663,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. FMR LLC increased its stake in Welltower by 38.1% during 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 buying an additional 3,977,845 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of 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 raised its holdings in Welltower by 638.0% in 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 valued at $886,022,000 after acquiring an additional 5,982,711 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Welltower by 0.8% during the 3rd 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 purchasing an additional 46,332 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Welltower by 3.6% in the second quarter. Bank of New York Mellon Corp now owns 4,026,158 shares of the real estate investment trust's stock valued at $419,727,000 after purchasing an additional 139,430 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

Welltower Stock Performance

NYSE WELL traded down $1.24 on Friday, reaching $131.37. The stock had a trading volume of 2,304,762 shares, compared to its average volume of 2,654,453. The stock has a market cap of $81.80 billion, a P/E ratio of 86.43, a price-to-earnings-growth ratio of 3.00 and a beta of 1.20. Welltower Inc. has a 12-month low of $85.40 and a 12-month high of $140.75. The business's 50-day moving average price is $132.74 and its 200 day moving average price is $119.47. 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 (NYSE:WELL - Get Free Report) last released its quarterly 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 during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the company earned $0.92 EPS. As a group, equities analysts expect that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Wednesday, November 13th were paid a $0.67 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $2.68 annualized dividend and a dividend yield of 2.04%. Welltower's dividend payout ratio (DPR) is currently 176.32%.

Analyst Upgrades and Downgrades

WELL has been the subject of a number of recent analyst reports. Wells Fargo & Company restated an "equal weight" rating and set a $135.00 price target (up previously from $134.00) on shares of Welltower in a report on Tuesday, October 1st. Evercore ISI lifted their price objective on Welltower from $106.00 to $114.00 and gave the company an "in-line" rating in a research note on Monday, September 16th. Mizuho lifted their target price on Welltower from $136.00 to $141.00 and gave the company an "outperform" rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Welltower from $115.00 to $137.00 and gave the company a "buy" rating in a research note on Wednesday, August 21st. Finally, StockNews.com raised shares of Welltower from a "sell" rating to a "hold" rating in a research report on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Welltower presently has a consensus rating of "Moderate Buy" and a consensus target price of $120.77.

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.