U.S. Capital Wealth Advisors LLC Sells 2,375 Shares of Welltower Inc. (NYSE:WELL)

U.S. Capital Wealth Advisors LLC reduced its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 3.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,712 shares of the real estate investment trust's stock after selling 2,375 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Welltower were worth $8,995,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in WELL. Vanguard Group Inc. increased its position in shares of Welltower by 2.7% during the 4th 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 purchasing an additional 2,612,044 shares during the period. Capital International Investors increased its position in shares of Welltower by 0.9% during the 4th quarter. Capital International Investors now owns 37,096,408 shares of the real estate investment trust's stock valued at $4,674,826,000 after purchasing an additional 318,496 shares during the period. Norges Bank acquired a new position in shares of Welltower during the 4th quarter valued at $3,943,892,000. Bank of America Corp DE increased its position in shares of Welltower by 9.7% during the 4th quarter. Bank of America Corp DE now owns 18,706,788 shares of the real estate investment trust's stock valued at $2,357,617,000 after purchasing an additional 1,652,611 shares during the period. Finally, FMR LLC boosted its stake in shares of Welltower by 9.4% during the 4th quarter. FMR LLC now owns 15,782,795 shares of the real estate investment trust's stock worth $1,989,106,000 after acquiring an additional 1,354,231 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Welltower

In related news, Director Andrew Gundlach purchased 20,000 shares of Welltower stock in a transaction on 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 transaction, the director directly owned 20,000 shares of the company's stock, valued at approximately $3,029,200. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.21% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on WELL shares. Wall Street Zen cut Welltower from a "hold" rating to a "sell" rating in a report on Thursday, May 8th. Morgan Stanley lifted their target price on Welltower from $155.00 to $160.00 and gave the stock an "overweight" rating in a report on Tuesday, May 6th. Evercore ISI lifted 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. Mizuho lifted their target price on Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a report on Tuesday, March 18th. Finally, Wells Fargo & Company lifted their price objective on shares of Welltower from $158.00 to $175.00 and gave the stock an "overweight" rating in a research report on Monday, June 2nd. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $168.18.

Welltower Stock Down 1.6%

WELL traded down $2.50 during trading on Tuesday, reaching $151.73. 2,393,579 shares of the stock traded hands, compared to its average volume of 2,915,816. The stock has a market cap of $99.22 billion, a price-to-earnings ratio of 87.20, a price-to-earnings-growth ratio of 1.79 and a beta of 0.92. 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's 50-day simple moving average is $151.16 and its two-hundred day simple moving average is $144.89.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.15 by $0.05. The firm had revenue of $2.42 billion during the quarter, compared to analysts' expectations of $2.40 billion. Welltower had a return on equity of 3.41% and a net margin of 12.65%. The business's revenue for the quarter was up 30.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.01 earnings per share. As a group, equities research analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders 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 1.77%. Welltower's dividend payout ratio (DPR) is currently 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.