Chilton Capital Management LLC Sells 33,209 Shares of Welltower Inc. (NYSE:WELL)

Chilton Capital Management LLC cut its position in Welltower Inc. (NYSE:WELL - Free Report) by 23.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,418 shares of the real estate investment trust's stock after selling 33,209 shares during the quarter. Chilton Capital Management LLC's holdings in Welltower were worth $17,070,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in WELL. Brighton Jones LLC boosted its position in shares of Welltower by 7.1% in the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust's stock valued at $527,000 after acquiring an additional 279 shares during the period. Assetmark Inc. lifted its holdings in shares of Welltower by 95.8% during the 4th quarter. Assetmark Inc. now owns 11,168 shares of the real estate investment trust's stock worth $1,408,000 after acquiring an additional 5,465 shares during the period. Atria Investments Inc lifted its stake in Welltower by 4.7% during the fourth quarter. Atria Investments Inc now owns 36,723 shares of the real estate investment trust's stock worth $4,628,000 after purchasing an additional 1,651 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in Welltower by 148.3% in the 4th quarter. Proficio Capital Partners LLC now owns 4,047 shares of the real estate investment trust's stock valued at $510,000 after purchasing an additional 2,417 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Welltower in the 4th quarter valued at $90,565,000. 94.80% of the stock is owned by institutional investors.

Insider Transactions at Welltower

In other news, Director Andrew Gundlach bought 20,000 shares of Welltower stock in a transaction dated Monday, June 30th. The stock was purchased at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the purchase, the director directly owned 20,000 shares in the company, valued at $3,029,200. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.21% of the company's stock.

Welltower Stock Up 1.4%

Shares of NYSE WELL traded up $2.06 during midday trading on Friday, hitting $152.77. 1,513,926 shares of the stock traded hands, compared to its average volume of 2,920,275. The company has a market cap of $99.90 billion, a PE ratio of 87.80, a P/E/G ratio of 1.78 and a beta of 0.92. Welltower Inc. has a one year low of $102.92 and a one year high of $158.55. The business has a 50 day moving average price of $151.06 and a two-hundred day moving average price of $144.53. The company has a debt-to-equity ratio of 0.46, a quick ratio of 4.23 and a current ratio of 4.23.

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

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th were issued a dividend of $0.67 per share. The ex-dividend date was Wednesday, May 14th. This represents a $2.68 annualized dividend and a yield of 1.75%. Welltower's dividend payout ratio (DPR) is currently 154.02%.

Wall Street Analyst Weigh In

WELL has been the subject of several research reports. Mizuho increased their target price on Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. Scotiabank reiterated an "outperform" rating on shares of Welltower in a report on Monday, June 23rd. Wall Street Zen downgraded shares of Welltower from a "hold" rating to a "sell" rating in a research note on Thursday, May 8th. Evercore ISI lifted their target price on shares of Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a research note on Thursday, May 1st. Finally, 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. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $168.18.

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.