Welltower Inc. (NYSE:WELL) Shares Bought by Penserra Capital Management LLC

Penserra Capital Management LLC increased its stake in Welltower Inc. (NYSE:WELL - Free Report) by 37.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,740 shares of the real estate investment trust's stock after acquiring an additional 3,449 shares during the period. Penserra Capital Management LLC's holdings in Welltower were worth $1,950,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of WELL. Norges Bank acquired a new position in shares of Welltower in the 4th quarter valued at $3,943,892,000. Northern Trust Corp boosted its holdings in Welltower by 53.5% in the fourth quarter. Northern Trust Corp now owns 8,430,496 shares of the real estate investment trust's stock valued at $1,062,495,000 after acquiring an additional 2,939,229 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Welltower by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 98,295,258 shares of the real estate investment trust's stock valued at $12,388,151,000 after acquiring an additional 2,612,044 shares during the last quarter. Groupama Asset Managment boosted its holdings in Welltower by 23,204.3% in the fourth quarter. Groupama Asset Managment now owns 1,900,000 shares of the real estate investment trust's stock valued at $2,183,000 after acquiring an additional 1,891,847 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Welltower by 17,343.3% in the first quarter. GAMMA Investing LLC now owns 1,738,052 shares of the real estate investment trust's stock valued at $266,287,000 after acquiring an additional 1,728,088 shares during the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Stock Up 1.6%

WELL stock traded up $2.38 during trading on Friday, reaching $155.10. The stock had a trading volume of 2,419,527 shares, compared to its average volume of 2,906,827. Welltower Inc. has a 1-year low of $103.36 and a 1-year high of $158.55. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $101.43 billion, a P/E ratio of 89.14, a PEG ratio of 1.78 and a beta of 0.92. The firm has a fifty day moving average price of $151.30 and a 200 day moving average price of $145.37.

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

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th were paid a $0.67 dividend. The ex-dividend date was Wednesday, May 14th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.73%. Welltower's dividend payout ratio (DPR) is presently 154.02%.

Analyst Upgrades and Downgrades

WELL has been the topic of several research analyst reports. Wall Street Zen lowered Welltower from a "hold" rating to a "sell" rating in a research note on Thursday, May 8th. Morgan Stanley lifted their price target on shares of Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a research report on Tuesday, May 6th. Mizuho lifted their price target on shares of Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. Wells Fargo & Company lifted their price target on shares of Welltower from $158.00 to $175.00 and gave the company an "overweight" rating in a research report on Monday, June 2nd. Finally, Scotiabank restated an "outperform" rating on shares of Welltower in a report on Monday, June 23rd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $168.18.

Insider Transactions at Welltower

In other news, Director Andrew Gundlach acquired 20,000 shares of the business's stock in a transaction on Monday, June 30th. The shares were purchased at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the completion of the purchase, the director directly owned 20,000 shares of the company's stock, valued at $3,029,200. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.21% of the stock is owned by insiders.

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.