Cahill Financial Advisors Inc. Invests $233,000 in Welltower Inc. (NYSE:WELL)

Cahill Financial Advisors Inc. purchased a new position in shares of 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 1,822 shares of the real estate investment trust’s stock, valued at approximately $233,000.

A number of other large investors have also recently added to or reduced their stakes in WELL. First Foundation Advisors purchased a new position in Welltower in the 2nd quarter worth approximately $26,000. TruNorth Capital Management LLC purchased a new stake in shares of Welltower during the second quarter valued at $27,000. Meeder Asset Management Inc. acquired a new stake in Welltower during the 2nd quarter worth about $30,000. Centerpoint Advisors LLC purchased a new position in Welltower in the second quarter valued at about $31,000. Finally, Fortitude Family Office LLC boosted its holdings in Welltower by 37.0% in the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 78 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Stock Performance

NYSE:WELL opened at $137.91 on Monday. The firm has a market cap of $85.88 billion, a price-to-earnings ratio of 90.73, a price-to-earnings-growth ratio of 3.09 and a beta of 1.20. Welltower Inc. has a 1-year low of $85.40 and a 1-year high of $140.19. The firm’s fifty day moving average price is $131.10 and its 200 day moving average price is $117.11. The company has a debt-to-equity ratio of 0.51, a current ratio of 4.10 and a quick ratio of 4.10.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.31). The business had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.95 billion. Welltower had a return on equity of 3.20% and a net margin of 12.22%. The firm’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same period last year, the company posted $0.92 earnings per share. On average, sell-side analysts expect that Welltower Inc. will post 4.3 EPS for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Wednesday, November 13th were given a $0.67 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $2.68 dividend on an annualized basis and a yield of 1.94%. Welltower’s dividend payout ratio (DPR) is 176.32%.

Analyst Ratings Changes

Several research analysts recently issued reports on WELL shares. StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. Wolfe Research raised Welltower to a “strong-buy” rating in a research note on Friday, August 9th. Wells Fargo & Company restated an “equal weight” rating and set a $135.00 price objective (up from $134.00) on shares of Welltower in a research note on Tuesday, October 1st. Wedbush lifted their target price on Welltower from $100.00 to $120.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Welltower from $115.00 to $137.00 and gave the stock a “buy” rating in a report on Wednesday, August 21st. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $116.68.

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.