1,650 Shares in Welltower Inc. (NYSE:WELL) Bought by Aberdeen Wealth Management LLC

Aberdeen Wealth Management LLC purchased a new stake in Welltower Inc. (NYSE:WELL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,650 shares of the real estate investment trust’s stock, valued at approximately $211,000.

A number of other hedge funds also recently made changes to their positions in WELL. PNC Financial Services Group Inc. increased its stake in Welltower by 1.3% in the third quarter. PNC Financial Services Group Inc. now owns 215,475 shares of the real estate investment trust’s stock valued at $27,587,000 after acquiring an additional 2,711 shares during the period. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Welltower in the 3rd quarter valued at approximately $3,649,000. Banque Cantonale Vaudoise grew its stake in shares of Welltower by 97.1% in the 3rd quarter. Banque Cantonale Vaudoise now owns 39,480 shares of the real estate investment trust’s stock valued at $5,054,000 after purchasing an additional 19,446 shares during the period. Fifth Third Wealth Advisors LLC raised its holdings in shares of Welltower by 2.5% in 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 buying an additional 125 shares in the last quarter. Finally, Prospera Financial Services Inc lifted its position in shares of Welltower by 5.8% during the 3rd quarter. Prospera Financial Services Inc now owns 8,450 shares of the real estate investment trust’s stock worth $1,083,000 after buying an additional 463 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

WELL has been the topic of a number of analyst reports. StockNews.com upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Welltower from $115.00 to $137.00 and gave the stock a “buy” rating in a report on Wednesday, August 21st. Wolfe Research raised shares of Welltower to a “strong-buy” rating in a report on Friday, August 9th. Wedbush upped their price objective 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, Scotiabank lifted their target price on shares of Welltower from $121.00 to $133.00 and gave the company a “sector outperform” rating in a research note on Monday, September 23rd. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and a consensus price target of $116.68.

Welltower Stock Up 0.7 %

Shares of WELL opened at $137.02 on Tuesday. The business’s fifty day moving average price is $130.40 and its two-hundred day moving average price is $115.96. The firm has a market capitalization of $85.32 billion, a price-to-earnings ratio of 90.15, a PEG ratio of 3.05 and a beta of 1.20. Welltower Inc. has a 52 week low of $85.40 and a 52 week high of $140.19. 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) last posted its quarterly earnings results 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). The firm had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.95 billion. Welltower had a net margin of 12.22% and a return on equity of 3.20%. Welltower’s revenue was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.92 EPS. On average, analysts predict that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Investors of record on Wednesday, November 13th will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend is Wednesday, November 13th. Welltower’s dividend payout ratio (DPR) is 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.