Kintegral Advisory LLC Has $2.05 Million Stake in Welltower Inc. (NYSE:WELL)

Kintegral Advisory LLC reduced its position in Welltower Inc. (NYSE:WELL - Free Report) by 32.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,407 shares of the real estate investment trust's stock after selling 6,575 shares during the period. Kintegral Advisory LLC's holdings in Welltower were worth $2,054,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of WELL. Catalyst Capital Advisors LLC acquired a new position in shares of Welltower during the 1st quarter valued at about $81,000. SMART Wealth LLC acquired a new position in shares of Welltower during the 1st quarter valued at about $411,000. IFM Investors Pty Ltd increased its holdings in shares of Welltower by 2.6% during the 1st quarter. IFM Investors Pty Ltd now owns 264,368 shares of the real estate investment trust's stock valued at $40,504,000 after acquiring an additional 6,604 shares during the last quarter. GF Fund Management CO. LTD. increased its holdings in shares of Welltower by 4.9% during the 1st quarter. GF Fund Management CO. LTD. now owns 11,794 shares of the real estate investment trust's stock valued at $1,807,000 after acquiring an additional 555 shares during the last quarter. Finally, Calamos Advisors LLC increased its holdings in shares of Welltower by 1.1% during the 1st quarter. Calamos Advisors LLC now owns 118,271 shares of the real estate investment trust's stock valued at $18,120,000 after acquiring an additional 1,317 shares during the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Stock Performance

Shares of WELL stock traded up $1.34 during mid-day trading on Monday, reaching $154.11. The stock had a trading volume of 2,764,253 shares, compared to its average volume of 2,921,147. The firm's 50 day simple moving average is $151.06 and its 200 day simple moving average is $144.68. The company has a quick ratio of 4.23, a current ratio of 4.23 and a debt-to-equity ratio of 0.46. Welltower Inc. has a one year low of $102.92 and a one year high of $158.55. The firm has a market cap of $100.78 billion, a PE ratio of 88.57, a P/E/G ratio of 1.78 and a beta of 0.92.

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

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $2.68 annualized dividend and a dividend yield of 1.74%. Welltower's dividend payout ratio (DPR) is presently 154.02%.

Analyst Ratings Changes

A number of brokerages have recently commented on WELL. Scotiabank reissued an "outperform" rating on shares of Welltower in a report on Monday, June 23rd. Mizuho raised their target price on Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. Morgan Stanley raised their target price on Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a report on Tuesday, May 6th. Wells Fargo & Company raised their target price on Welltower from $158.00 to $175.00 and gave the company an "overweight" rating in a report on Monday, June 2nd. Finally, Wall Street Zen lowered Welltower from a "hold" rating to a "sell" rating in a report on Thursday, May 8th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Welltower presently has an average rating of "Moderate Buy" and an average target price of $168.18.

Insider Activity at Welltower

In related news, Director Andrew Gundlach bought 20,000 shares of the business's stock in a transaction that occurred on Monday, June 30th. The stock was acquired at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the transaction, the director directly owned 20,000 shares of the company's stock, valued at $3,029,200. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.21% of the stock is owned by company insiders.

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.