NEXT Financial Group Inc lowered its position in shares of Welltower Inc. (NYSE:HCN) by 43.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,040 shares of the real estate investment trust’s stock after selling 1,565 shares during the quarter. NEXT Financial Group Inc’s holdings in Welltower were worth $139,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Clear Perspective Advisors LLC lifted its position in shares of Welltower by 0.5% during the 2nd quarter. Clear Perspective Advisors LLC now owns 5,430 shares of the real estate investment trust’s stock worth $406,000 after buying an additional 26 shares in the last quarter. Cutter & CO Brokerage Inc. lifted its position in shares of Welltower by 0.5% during the 2nd quarter. Cutter & CO Brokerage Inc. now owns 5,777 shares of the real estate investment trust’s stock worth $432,000 after buying an additional 27 shares in the last quarter. Farmers & Merchants Investments Inc. increased its stake in shares of Welltower by 0.6% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 5,030 shares of the real estate investment trust’s stock worth $376,000 after purchasing an additional 30 shares during the last quarter. First Heartland Consultants Inc. increased its stake in shares of Welltower by 0.6% during the 2nd quarter. First Heartland Consultants Inc. now owns 5,690 shares of the real estate investment trust’s stock worth $426,000 after purchasing an additional 33 shares during the last quarter. Finally, Kelman Lazarov Inc. increased its stake in shares of Welltower by 0.4% during the 2nd quarter. Kelman Lazarov Inc. now owns 13,325 shares of the real estate investment trust’s stock worth $997,000 after purchasing an additional 50 shares during the last quarter. 86.34% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Inc. (NYSE HCN) traded up $0.36 during midday trading on Wednesday, hitting $68.29. 2,183,000 shares of the stock were exchanged, compared to its average volume of 1,766,025. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.76. The company has a market cap of $25,158.34, a P/E ratio of 15.83, a P/E/G ratio of 4.58 and a beta of 0.24. Welltower Inc. has a 52 week low of $61.08 and a 52 week high of $78.17.

Welltower (NYSE:HCN) last posted its quarterly earnings results on Tuesday, November 7th. The real estate investment trust reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.03. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. Welltower had a net margin of 22.67% and a return on equity of 7.45%. The firm’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.16 earnings per share. sell-side analysts predict that Welltower Inc. will post 4.23 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 20th. Shareholders of record on Tuesday, November 7th were given a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 5.10%. The ex-dividend date was Monday, November 6th. Welltower’s payout ratio is 140.32%.

Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada restated a “hold” rating and set a $74.00 price target on shares of Welltower in a research note on Tuesday, October 10th. Jefferies Group LLC restated a “hold” rating and set a $72.00 price target on shares of Welltower in a research note on Tuesday, October 3rd. BMO Capital Markets restated a “sell” rating and set a $68.00 price target on shares of Welltower in a research note on Friday, July 28th. Capital One Financial Corporation assumed coverage on shares of Welltower in a research note on Monday, September 25th. They set an “equal weight” rating and a $74.00 price target for the company. Finally, UBS AG decreased their price target on shares of Welltower from $71.00 to $69.00 and set a “neutral” rating for the company in a research note on Monday, October 2nd. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $72.71.

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Welltower Profile

Welltower Inc invests with seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure. The Company invests in seniors housing and healthcare real estate. It operates in three segments: triple-net, seniors housing operating and outpatient medical. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities, and outpatient medical properties.

Institutional Ownership by Quarter for Welltower (NYSE:HCN)

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