Welltower Inc. (NYSE:WELL) Shares Purchased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. boosted its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 9.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,914 shares of the real estate investment trust's stock after acquiring an additional 3,212 shares during the quarter. Oppenheimer Asset Management Inc.'s holdings in Welltower were worth $5,656,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the business. Geller Advisors LLC raised its position in Welltower by 3.7% in the fourth quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust's stock worth $241,000 after acquiring an additional 69 shares in the last quarter. Good Life Advisors LLC raised its position in Welltower by 1.2% in the first quarter. Good Life Advisors LLC now owns 5,744 shares of the real estate investment trust's stock worth $880,000 after acquiring an additional 69 shares in the last quarter. Sivia Capital Partners LLC raised its position in Welltower by 4.3% in the first quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust's stock worth $273,000 after acquiring an additional 73 shares in the last quarter. Premier Path Wealth Partners LLC increased its position in shares of Welltower by 1.8% in the first quarter. Premier Path Wealth Partners LLC now owns 4,427 shares of the real estate investment trust's stock valued at $678,000 after buying an additional 77 shares in the last quarter. Finally, CVA Family Office LLC increased its position in shares of Welltower by 12.3% in the first quarter. CVA Family Office LLC now owns 733 shares of the real estate investment trust's stock valued at $112,000 after buying an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

Welltower Trading Up 0.2%

Shares of WELL stock opened at $154.38 on Wednesday. The firm has a 50-day moving average price of $150.11 and a 200 day moving average price of $143.20. Welltower Inc. has a twelve month low of $100.13 and a twelve month high of $158.55. The company has a market capitalization of $100.96 billion, a price-to-earnings ratio of 88.72, a PEG ratio of 1.79 and a beta of 0.94. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.46.

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 for the quarter, beating the consensus estimate of $1.15 by $0.05. Welltower had a net margin of 12.65% and a return on equity of 3.41%. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter in the previous year, the company posted $1.01 EPS. The firm's revenue for the quarter was up 30.3% on a year-over-year basis. Research analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on WELL shares. Evercore ISI raised their price target on Welltower from $145.00 to $157.00 and gave the company an "in-line" rating in a research report on Thursday, May 1st. Morgan Stanley raised their price target on Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a research report on Tuesday, May 6th. Mizuho raised their price target on Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. Scotiabank raised their price target on Welltower from $170.00 to $172.00 and gave the company a "sector outperform" rating in a research report on Monday. Finally, Royal Bank Of Canada upgraded Welltower from a "sector perform" rating to an "outperform" rating and raised their price target for the company from $146.00 to $168.00 in a research report on Friday, February 28th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $163.75.

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.

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