Welltower Inc. (NYSE:WELL) Stock Position Decreased by Braun Stacey Associates Inc.

Braun Stacey Associates Inc. cut its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 5.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 234,401 shares of the real estate investment trust's stock after selling 13,973 shares during the period. Welltower accounts for approximately 1.5% of Braun Stacey Associates Inc.'s holdings, making the stock its 15th biggest holding. Braun Stacey Associates Inc.'s holdings in Welltower were worth $35,913,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in WELL. Vestmark Advisory Solutions Inc. lifted its holdings in shares of Welltower by 120.3% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 14,417 shares of the real estate investment trust's stock valued at $1,817,000 after acquiring an additional 7,872 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Welltower by 30.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 544,838 shares of the real estate investment trust's stock valued at $68,666,000 after acquiring an additional 128,090 shares in the last quarter. Beacon Financial Planning Inc. lifted its holdings in shares of Welltower by 6.8% during the 1st quarter. Beacon Financial Planning Inc. now owns 27,893 shares of the real estate investment trust's stock valued at $4,274,000 after acquiring an additional 1,780 shares in the last quarter. Summit Trail Advisors LLC lifted its holdings in shares of Welltower by 61.4% during the 1st quarter. Summit Trail Advisors LLC now owns 6,756 shares of the real estate investment trust's stock valued at $1,035,000 after acquiring an additional 2,571 shares in the last quarter. Finally, Groupama Asset Managment lifted its holdings in shares of Welltower by 23,204.3% during the 4th 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 in the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Stock Down 1.6%

Shares of WELL traded down $2.50 during midday trading on Tuesday, hitting $151.73. The company had a trading volume of 2,393,579 shares, compared to its average volume of 2,915,817. The company's 50 day moving average price is $151.17 and its 200 day moving average price is $144.93. The stock has a market cap of $99.22 billion, a price-to-earnings ratio of 87.20, a PEG ratio of 1.79 and a beta of 0.92. Welltower Inc. has a 52 week low of $102.92 and a 52 week high of $158.55. 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 (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 for the quarter, topping the consensus estimate of $1.15 by $0.05. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.40 billion. Welltower had a net margin of 12.65% and a return on equity of 3.41%. The company's revenue was up 30.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.01 EPS. On average, equities research analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The firm also recently disclosed 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. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend was Wednesday, May 14th. Welltower's dividend payout ratio is presently 154.02%.

Insider Buying and Selling at Welltower

In other Welltower news, Director Andrew Gundlach acquired 20,000 shares of the stock in a transaction that occurred on Monday, June 30th. The stock was acquired at an average price of $151.46 per share, with a total value of $3,029,200.00. Following the transaction, the director directly owned 20,000 shares in the company, 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 is accessible through this link. 0.21% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Mizuho lifted their target price on shares of Welltower from $141.00 to $170.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. Wells Fargo & Company boosted their price objective on shares of Welltower from $158.00 to $175.00 and gave the stock an "overweight" rating in a report on Monday, June 2nd. Evercore ISI boosted their price objective on shares of Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a report on Thursday, May 1st. Morgan Stanley boosted their price objective on shares of Welltower from $155.00 to $160.00 and gave the stock an "overweight" rating in a report on Tuesday, May 6th. Finally, Wedbush reiterated an "underperform" rating on shares of Welltower in a report on Thursday, April 17th. Two research analysts have rated the stock with a sell rating, one has assigned 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, the company has a consensus rating of "Moderate Buy" and an average price target of $168.18.

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.