Aptus Capital Advisors LLC Buys 109 Shares of Welltower Inc. (NYSE:WELL)

Aptus Capital Advisors LLC grew its stake in shares of Welltower Inc. (NYSE:WELL) by 3.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,296 shares of the real estate investment trust’s stock after acquiring an additional 109 shares during the period. Aptus Capital Advisors LLC’s holdings in Welltower were worth $422,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Empowered Funds LLC grew its holdings in shares of Welltower by 34.8% during the first quarter. Empowered Funds LLC now owns 7,365 shares of the real estate investment trust’s stock valued at $688,000 after buying an additional 1,901 shares during the last quarter. Kingsview Wealth Management LLC raised its holdings in Welltower by 20.9% in the 1st quarter. Kingsview Wealth Management LLC now owns 3,251 shares of the real estate investment trust’s stock valued at $304,000 after acquiring an additional 562 shares during the last quarter. HBK Sorce Advisory LLC raised its holdings in Welltower by 4.5% in the 1st quarter. HBK Sorce Advisory LLC now owns 2,871 shares of the real estate investment trust’s stock valued at $268,000 after acquiring an additional 124 shares during the last quarter. Intech Investment Management LLC raised its holdings in Welltower by 147.9% in the 1st quarter. Intech Investment Management LLC now owns 22,294 shares of the real estate investment trust’s stock valued at $2,083,000 after acquiring an additional 13,300 shares during the last quarter. Finally, Cornerstone Advisors LLC purchased a new stake in shares of Welltower in the 1st quarter valued at approximately $131,000. Institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on WELL. Wolfe Research upgraded shares of Welltower to a “strong-buy” rating in a report on Friday, August 9th. Royal Bank of Canada raised their price objective on shares of Welltower from $101.00 to $114.00 and gave the stock a “sector perform” rating in a research report on Friday, August 9th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $135.00 target price (up previously from $134.00) on shares of Welltower in a report on Tuesday, October 1st. Evercore ISI boosted their price objective on shares of Welltower from $106.00 to $114.00 and gave the stock an “in-line” rating in a report on Monday, September 16th. Finally, StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a report on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $116.68.

Welltower Trading Up 1.2 %

Shares of NYSE:WELL opened at $136.02 on Friday. The company has a market cap of $84.70 billion, a PE ratio of 89.49, a P/E/G ratio of 3.03 and a beta of 1.20. The company’s 50-day moving average price is $129.98 and its 200 day moving average price is $115.10. Welltower Inc. has a fifty-two week low of $85.40 and a fifty-two week high of $140.19. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51.

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

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Investors of record on Wednesday, November 13th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Wednesday, November 13th. Welltower’s dividend payout ratio is currently 176.32%.

Welltower 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.