Twin Capital Management Inc. Buys Shares of 10,788 Welltower Inc. (NYSE:WELL)

Twin Capital Management Inc. bought a new stake in shares of Welltower Inc. (NYSE:WELL - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 10,788 shares of the real estate investment trust's stock, valued at approximately $1,653,000.

Several other institutional investors have also recently added to or reduced their stakes in WELL. Geller Advisors LLC lifted its holdings in Welltower by 3.7% in the 4th quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust's stock valued at $241,000 after acquiring an additional 69 shares during the last quarter. Good Life Advisors LLC lifted its holdings in Welltower by 1.2% in the 1st quarter. Good Life Advisors LLC now owns 5,744 shares of the real estate investment trust's stock valued at $880,000 after acquiring an additional 69 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in Welltower by 4.3% in the 1st quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust's stock valued at $273,000 after acquiring an additional 73 shares during the last quarter. Premier Path Wealth Partners LLC lifted its holdings in Welltower by 1.8% in the 1st quarter. Premier Path Wealth Partners LLC now owns 4,427 shares of the real estate investment trust's stock valued at $678,000 after acquiring an additional 77 shares during the last quarter. Finally, Catalyst Financial Partners LLC lifted its holdings in Welltower by 4.3% in the 1st quarter. Catalyst Financial Partners LLC now owns 1,854 shares of the real estate investment trust's stock valued at $284,000 after acquiring an additional 77 shares during the last quarter. Institutional investors own 94.80% of the company's stock.

Insider Buying and Selling

In related news, Director Andrew Gundlach purchased 20,000 shares of the firm's stock in a transaction dated Monday, June 30th. The stock was bought at an average price of $151.46 per share, with a total value of $3,029,200.00. Following the completion of the purchase, the director owned 20,000 shares in the company, valued at approximately $3,029,200. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.21% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on WELL. Wall Street Zen lowered shares of Welltower from a "hold" rating to a "sell" rating in a research note on Thursday, May 8th. Scotiabank reaffirmed an "outperform" rating on shares of Welltower in a research note on Monday, June 23rd. Wedbush reaffirmed an "underperform" rating on shares of Welltower in a research note on Thursday, April 17th. Wells Fargo & Company upped their price objective on shares of Welltower from $158.00 to $175.00 and gave the company an "overweight" rating in a research note on Monday, June 2nd. Finally, Evercore ISI upped their price objective on shares of Welltower from $145.00 to $157.00 and gave the company an "in-line" rating in a research note on Thursday, May 1st. 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 given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $168.18.

Welltower Stock Performance

Shares of NYSE WELL opened at $158.96 on Monday. 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's fifty day moving average price is $152.07 and its two-hundred day moving average price is $146.76. Welltower Inc. has a one year low of $106.98 and a one year high of $161.24. The firm has a market cap of $103.95 billion, a price-to-earnings ratio of 91.36, a P/E/G ratio of 1.85 and a beta of 0.92.

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

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 14th were given a $0.67 dividend. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $2.68 annualized dividend and a yield of 1.69%. Welltower's dividend payout ratio is presently 154.02%.

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.

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