Welltower Inc. (NYSE:WELL) Shares Bought by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC increased its position in Welltower Inc. (NYSE:WELL) by 3.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,296 shares of the real estate investment trust’s stock after purchasing 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 reporting period.

A number of other hedge funds also recently made changes to their positions in WELL. Fortitude Family Office LLC grew its position in Welltower by 37.0% during the 3rd 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. Old North State Wealth Management LLC lifted its position in Welltower by 0.6% during the 3rd quarter. Old North State Wealth Management LLC now owns 12,864 shares of the real estate investment trust’s stock worth $1,648,000 after acquiring an additional 78 shares during the last quarter. Frank Rimerman Advisors LLC lifted its position in Welltower by 0.9% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 9,617 shares of the real estate investment trust’s stock worth $1,231,000 after acquiring an additional 82 shares during the last quarter. Valeo Financial Advisors LLC raised its position in shares of Welltower by 2.6% during the third quarter. Valeo Financial Advisors LLC now owns 3,668 shares of the real estate investment trust’s stock valued at $470,000 after buying an additional 94 shares during the last quarter. Finally, GHP Investment Advisors Inc. raised its position in shares of Welltower by 14.1% during the third quarter. GHP Investment Advisors Inc. now owns 775 shares of the real estate investment trust’s stock valued at $99,000 after buying an additional 96 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

WELL has been the topic of several research analyst reports. Wells Fargo & Company reaffirmed 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 increased their target price on shares of Welltower from $100.00 to $120.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Wolfe Research raised shares of Welltower to a “strong-buy” rating in a research report on Friday, August 9th. Royal Bank of Canada lifted their price objective on shares of Welltower from $101.00 to $114.00 and gave the company a “sector perform” rating in a research report on Friday, August 9th. Finally, Evercore ISI lifted their price objective on shares of Welltower from $106.00 to $114.00 and gave the company an “in-line” rating in a research report on Monday, September 16th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and an average target price of $116.68.

Welltower Price Performance

WELL opened at $136.02 on Friday. The stock has a 50-day moving average price of $129.98 and a 200-day moving average price of $115.10. Welltower Inc. has a 12-month low of $85.40 and a 12-month high of $140.19. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $84.70 billion, a P/E ratio of 89.49, a PEG ratio of 3.03 and a beta of 1.20.

Welltower (NYSE:WELL) last released its 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). Welltower had a net margin of 12.22% and a return on equity of 3.20%. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same period last year, the firm posted $0.92 EPS. The company’s revenue was up 23.7% on a year-over-year basis. Equities analysts predict that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower Announces Dividend

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

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.