1,710 Shares in Welltower Inc. (NYSE:WELL) Bought by Sivia Capital Partners LLC

Sivia Capital Partners LLC bought a new position in Welltower Inc. (NYSE:WELL) during the third quarter, according to its most recent filing with the SEC. The firm bought 1,710 shares of the real estate investment trust’s stock, valued at approximately $219,000.

A number of other large investors also recently modified their holdings of WELL. Vanguard Group Inc. increased its position in shares of Welltower by 3.8% during the 1st quarter. Vanguard Group Inc. now owns 89,187,884 shares of the real estate investment trust’s stock valued at $8,333,716,000 after purchasing an additional 3,257,213 shares during the last quarter. Capital International Investors increased its position in shares of Welltower by 26.4% during the 1st quarter. Capital International Investors now owns 29,236,326 shares of the real estate investment trust’s stock valued at $2,731,842,000 after purchasing an additional 6,104,064 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Welltower by 0.8% during the 2nd 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 purchasing an additional 62,942 shares during the last quarter. Centersquare Investment Management LLC increased its position in shares of Welltower by 19.0% during the 1st quarter. Centersquare Investment Management LLC now owns 5,329,248 shares of the real estate investment trust’s stock valued at $507,771,000 after purchasing an additional 849,898 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Welltower by 12.4% during the 1st quarter. Russell Investments Group Ltd. now owns 4,433,816 shares of the real estate investment trust’s stock valued at $414,229,000 after purchasing an additional 489,533 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on WELL. KeyCorp lifted their price objective on Welltower from $95.00 to $115.00 and gave the stock an “overweight” rating in a report on Tuesday, July 2nd. Scotiabank raised their target price on Welltower from $121.00 to $133.00 and gave the stock a “sector outperform” rating in a research note on Monday, September 23rd. Evercore ISI raised their target price on Welltower from $106.00 to $114.00 and gave the stock an “in-line” rating in a research note on Monday, September 16th. Wells Fargo & Company reiterated an “equal weight” rating and set a $135.00 price target (up previously from $134.00) on shares of Welltower in a research report on Tuesday, October 1st. Finally, Morgan Stanley lifted their price target on Welltower from $103.00 to $107.50 and gave the company an “overweight” rating in a research report on Thursday, July 11th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and an average price target of $115.38.

Welltower Stock Performance

Shares of NYSE:WELL traded up $2.33 during midday trading on Monday, reaching $127.51. 709,442 shares of the company’s stock traded hands, compared to its average volume of 2,703,711. The company has a market cap of $76.24 billion, a price-to-earnings ratio of 154.54, a P/E/G ratio of 2.87 and a beta of 1.21. The company has a debt-to-equity ratio of 0.47, a quick ratio of 4.07 and a current ratio of 4.07. Welltower Inc. has a one year low of $80.80 and a one year high of $131.31. The stock has a 50 day moving average of $122.69 and a 200 day moving average of $108.37.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Monday, July 29th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.08. The firm had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.89 billion. Welltower had a return on equity of 2.21% and a net margin of 8.36%. The company’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.90 earnings per share. As a group, equities research analysts anticipate that Welltower Inc. will post 4.19 EPS for the current fiscal year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Investors of record on Monday, August 12th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date was Monday, August 12th. This is a boost from Welltower’s previous quarterly dividend of $0.61. Welltower’s dividend payout ratio is 330.86%.

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.