Welltower Inc (HCN) Shares Bought by Texas Yale Capital Corp.
Texas Yale Capital Corp. boosted its stake in shares of Welltower Inc (NYSE:HCN) by 22.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,932 shares of the real estate investment trust’s stock after buying an additional 5,601 shares during the quarter. Texas Yale Capital Corp.’s holdings in Welltower were worth $1,973,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in the business. Phocas Financial Corp. boosted its stake in Welltower by 3.3% during the second quarter. Phocas Financial Corp. now owns 10,536 shares of the real estate investment trust’s stock worth $789,000 after buying an additional 335 shares during the period. Oppenheimer & Co. Inc. boosted its stake in Welltower by 2.1% during the third quarter. Oppenheimer & Co. Inc. now owns 38,721 shares of the real estate investment trust’s stock worth $2,721,000 after buying an additional 801 shares during the period. Amalgamated Bank boosted its stake in Welltower by 2.0% during the third quarter. Amalgamated Bank now owns 42,105 shares of the real estate investment trust’s stock worth $2,959,000 after buying an additional 819 shares during the period. Ausdal Financial Partners Inc. boosted its stake in shares of Welltower by 24.1% in the third quarter. Ausdal Financial Partners Inc. now owns 4,230 shares of the real estate investment trust’s stock valued at $297,000 after purchasing an additional 822 shares during the period. Finally, Liberty Capital Management Inc. boosted its stake in shares of Welltower by 5.0% in the third quarter. Liberty Capital Management Inc. now owns 17,265 shares of the real estate investment trust’s stock valued at $1,177,000 after purchasing an additional 825 shares during the period. 86.22% of the stock is owned by institutional investors.
Several research analysts have recently commented on HCN shares. KeyCorp reissued a “hold” rating on shares of Welltower in a research note on Tuesday, October 17th. Stifel Nicolaus lowered their price objective on shares of Welltower from $75.00 to $74.00 and set a “buy” rating for the company in a research note on Friday, November 3rd. Capital One Financial raised shares of Welltower from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, November 8th. Mizuho reissued a “hold” rating and issued a $67.00 price objective on shares of Welltower in a research note on Monday, December 11th. Finally, Zacks Investment Research lowered shares of Welltower from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $71.62.
Shares of Welltower Inc (NYSE HCN) opened at $54.27 on Tuesday. The firm has a market cap of $20,547.40, a P/E ratio of 21.88, a P/E/G ratio of 3.87 and a beta of 0.17. Welltower Inc has a 1-year low of $53.00 and a 1-year high of $78.17. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.79.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 21st. Investors of record on Tuesday, February 13th will be issued a $0.87 dividend. The ex-dividend date of this dividend is Monday, February 12th. This represents a $3.48 annualized dividend and a yield of 6.41%. Welltower’s dividend payout ratio (DPR) is 140.32%.
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Welltower Company 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.
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