Lido Advisors LLC acquired a new stake in shares of Welltower Inc (NYSE:WELL) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 14,859 shares of the real estate investment trust’s stock, valued at approximately $955,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Welltower during the 3rd quarter worth approximately $2,461,568,000. FMR LLC purchased a new position in shares of Welltower during the 3rd quarter worth approximately $473,389,000. PGGM Investments purchased a new position in shares of Welltower during the 3rd quarter worth approximately $449,854,000. Wells Fargo & Company MN purchased a new position in shares of Welltower during the 3rd quarter worth approximately $441,605,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Welltower during the 3rd quarter worth approximately $405,367,000. 88.54% of the stock is owned by hedge funds and other institutional investors.

WELL has been the subject of a number of analyst reports. Morgan Stanley increased their target price on Welltower from $63.00 to $67.00 and gave the stock an “overweight” rating in a research note on Thursday, August 16th. ValuEngine raised Welltower from a “sell” rating to a “hold” rating in a research note on Thursday, September 6th. Barclays initiated coverage on Welltower in a research note on Tuesday, September 25th. They set an “overweight” rating for the company. TheStreet downgraded Welltower from a “b” rating to a “c+” rating in a research note on Thursday, October 11th. Finally, SunTrust Banks increased their target price on Welltower to $72.00 and gave the stock a “hold” rating in a research note on Wednesday, October 31st. Ten investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $64.50.

NYSE WELL opened at $74.72 on Friday. Welltower Inc has a 1-year low of $49.58 and a 1-year high of $74.75. The company has a market capitalization of $27.10 billion, a P/E ratio of 17.75, a PEG ratio of 3.02 and a beta of 0.26. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.93.

Welltower (NYSE:WELL) last released its quarterly earnings data on Tuesday, October 30th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing the consensus estimate of $1.02 by ($0.85). Welltower had a net margin of 12.99% and a return on equity of 4.86%. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.16 billion. During the same period in the previous year, the business earned $1.08 earnings per share. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. On average, equities research analysts expect that Welltower Inc will post 4.06 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 21st. Investors of record on Monday, November 12th were paid a $0.87 dividend. This represents a $3.48 annualized dividend and a yield of 4.66%. The ex-dividend date was Friday, November 9th. Welltower’s payout ratio is currently 82.66%.

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About Welltower

Welltower Inc (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The company 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.

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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