Cambridge Investment Research Advisors Inc. lessened its stake in Welltower Inc (NYSE:WELL) by 0.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 85,911 shares of the real estate investment trust’s stock after selling 523 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Welltower were worth $6,667,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Kaizen Advisory LLC increased its stake in Welltower by 16.6% in the 4th quarter. Kaizen Advisory LLC now owns 971 shares of the real estate investment trust’s stock valued at $67,000 after buying an additional 138 shares during the period. CFO4Life Group LLC increased its stake in shares of Welltower by 4.2% during the 4th quarter. CFO4Life Group LLC now owns 3,450 shares of the real estate investment trust’s stock worth $239,000 after purchasing an additional 139 shares during the last quarter. Gilman Hill Asset Management LLC increased its stake in shares of Welltower by 3.9% during the 1st quarter. Gilman Hill Asset Management LLC now owns 3,824 shares of the real estate investment trust’s stock worth $297,000 after purchasing an additional 144 shares during the last quarter. Sigma Planning Corp increased its stake in shares of Welltower by 1.5% during the 4th quarter. Sigma Planning Corp now owns 10,048 shares of the real estate investment trust’s stock worth $697,000 after purchasing an additional 149 shares during the last quarter. Finally, Girard Partners LTD. increased its stake in shares of Welltower by 4.3% during the 4th quarter. Girard Partners LTD. now owns 3,753 shares of the real estate investment trust’s stock worth $260,000 after purchasing an additional 153 shares during the last quarter. Hedge funds and other institutional investors own 84.46% of the company’s stock.

NYSE WELL opened at $81.57 on Friday. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.79. The firm has a market cap of $32.40 billion, a P/E ratio of 20.24, a PEG ratio of 3.37 and a beta of 0.43. Welltower Inc has a 1 year low of $56.11 and a 1 year high of $81.92.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, April 30th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.02. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.24 billion. Welltower had a net margin of 13.06% and a return on equity of 4.97%. Welltower’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.99 EPS. On average, equities research analysts expect that Welltower Inc will post 4.2 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Investors of record on Tuesday, May 14th will be issued a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 4.27%. The ex-dividend date is Monday, May 13th. Welltower’s dividend payout ratio is currently 86.35%.

In related news, CEO Thomas J. Derosa sold 19,307 shares of the company’s stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $77.90, for a total transaction of $1,504,015.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Mercedes Kerr sold 5,000 shares of the company’s stock in a transaction on Thursday, February 28th. The stock was sold at an average price of $74.50, for a total transaction of $372,500.00. The disclosure for this sale can be found here. 0.15% of the stock is currently owned by corporate insiders.

Several research analysts have recently commented on WELL shares. Morgan Stanley increased their price target on shares of Welltower from $77.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, March 28th. Royal Bank of Canada increased their price target on shares of Welltower to $76.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 21st. Deutsche Bank increased their price target on shares of Welltower from $61.00 to $71.00 and gave the stock a “hold” rating in a research note on Friday, March 29th. Citigroup increased their price target on shares of Welltower from $71.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, February 14th. Finally, Mitsubishi UFJ Financial Group increased their price target on shares of Welltower to $82.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 13th. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $73.29.

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Welltower Profile

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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