Achmea Investment Management B.V. Has $3.40 Million Stock Holdings in Welltower Inc. (NYSE:WELL)

Achmea Investment Management B.V. grew its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 42.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,160 shares of the real estate investment trust's stock after buying an additional 6,611 shares during the quarter. Achmea Investment Management B.V.'s holdings in Welltower were worth $3,395,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Legacy CG LLC increased its stake in shares of Welltower by 3.4% in the first quarter. Legacy CG LLC now owns 32,131 shares of the real estate investment trust's stock valued at $4,923,000 after buying an additional 1,070 shares in the last quarter. Diversified Trust Co increased its position in Welltower by 175.8% in the first quarter. Diversified Trust Co now owns 28,711 shares of the real estate investment trust's stock worth $4,399,000 after purchasing an additional 18,301 shares during the period. PDS Planning Inc increased its position in Welltower by 7.0% in the first quarter. PDS Planning Inc now owns 3,699 shares of the real estate investment trust's stock worth $567,000 after purchasing an additional 242 shares during the period. Sequoia Financial Advisors LLC increased its position in Welltower by 11.5% in the first quarter. Sequoia Financial Advisors LLC now owns 10,183 shares of the real estate investment trust's stock worth $1,560,000 after purchasing an additional 1,052 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its position in Welltower by 4.8% in the first quarter. Robeco Institutional Asset Management B.V. now owns 388,671 shares of the real estate investment trust's stock worth $59,548,000 after purchasing an additional 17,655 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Trading Down 0.8%

NYSE:WELL opened at $152.20 on Friday. Welltower Inc. has a fifty-two week low of $102.92 and a fifty-two week high of $158.55. The company has a debt-to-equity ratio of 0.46, a current ratio of 4.23 and a quick ratio of 4.23. The stock has a market capitalization of $99.53 billion, a PE ratio of 87.47, a price-to-earnings-growth ratio of 1.77 and a beta of 0.94. The business's 50-day simple moving average is $150.50 and its 200-day simple moving average is $143.70.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.05. Welltower had a return on equity of 3.41% and a net margin of 12.65%. The business had revenue of $2.42 billion for the quarter, compared to analysts' expectations of $2.40 billion. During the same quarter in the previous year, the business posted $1.01 EPS. Welltower's revenue for the quarter was up 30.3% on a year-over-year basis. Sell-side analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend was Wednesday, May 14th. Welltower's dividend payout ratio (DPR) is presently 154.02%.

Analysts Set New Price Targets

A number of brokerages recently commented on WELL. Morgan Stanley lifted their price objective on Welltower from $155.00 to $160.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 6th. Wall Street Zen lowered Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Scotiabank restated an "outperform" rating on shares of Welltower in a report on Monday, June 23rd. Evercore ISI raised their target price on Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a report on Thursday, May 1st. Finally, Wedbush restated an "underperform" rating on shares of Welltower in a report on Thursday, April 17th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $163.75.

About Welltower

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.

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