56,830 Shares in Welltower Inc. (NYSE:WELL) Acquired by Dupont Capital Management Corp

Dupont Capital Management Corp bought a new position in shares of Welltower Inc. (NYSE:WELL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 56,830 shares of the real estate investment trust’s stock, valued at approximately $7,162,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. raised its stake in shares of Welltower by 44.2% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 3,523 shares of the real estate investment trust’s stock worth $367,000 after purchasing an additional 1,080 shares during the last quarter. AE Wealth Management LLC purchased a new stake in shares of Welltower during the second quarter worth approximately $295,000. Pacer Advisors Inc. raised its stake in shares of Welltower by 12.0% during the second quarter. Pacer Advisors Inc. now owns 42,133 shares of the real estate investment trust’s stock worth $4,392,000 after purchasing an additional 4,531 shares during the last quarter. Summit Trail Advisors LLC raised its stake in shares of Welltower by 5.9% during the second quarter. Summit Trail Advisors LLC now owns 2,764 shares of the real estate investment trust’s stock worth $288,000 after purchasing an additional 153 shares during the last quarter. Finally, 1832 Asset Management L.P. raised its stake in shares of Welltower by 12.0% during the second quarter. 1832 Asset Management L.P. now owns 44,700 shares of the real estate investment trust’s stock worth $4,660,000 after purchasing an additional 4,800 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. StockNews.com upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Raymond James upped their price objective on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and upped their price objective for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $135.00 price objective (up previously from $134.00) on shares of Welltower in a report on Tuesday, October 1st. Finally, Mizuho upped their price objective on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Welltower has a consensus rating of “Moderate Buy” and an average target price of $127.63.

Welltower Stock Down 1.9 %

Shares of NYSE:WELL opened at $131.17 on Thursday. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51. Welltower Inc. has a 52-week low of $85.40 and a 52-week high of $140.75. The stock’s fifty day simple moving average is $130.23 and its 200-day simple moving average is $124.91. The company has a market capitalization of $81.68 billion, a P/E ratio of 86.30, a P/E/G ratio of 2.69 and a beta of 1.22.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.31). Welltower had a net margin of 12.22% and a return on equity of 3.20%. The company had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the prior year, the company earned $0.92 earnings per share. The firm’s revenue was up 23.7% compared to the same quarter last year. As a group, equities research analysts forecast that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower Dividend Announcement

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

About Welltower

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.