SG Americas Securities LLC Trims Holdings in Welltower Inc. (NYSE:WELL)

SG Americas Securities LLC decreased its holdings in shares of Welltower Inc. (NYSE:WELL - Free Report) by 32.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,901 shares of the real estate investment trust's stock after selling 5,237 shares during the period. SG Americas Securities LLC's holdings in Welltower were worth $1,670,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WELL. Vestmark Advisory Solutions Inc. boosted its holdings in shares of Welltower by 120.3% in the fourth 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 position in Welltower by 30.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 544,838 shares of the real estate investment trust's stock valued at $68,666,000 after purchasing an additional 128,090 shares during the period. Cbre Investment Management Listed Real Assets LLC boosted its holdings in Welltower by 17.3% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,936,954 shares of the real estate investment trust's stock valued at $244,114,000 after purchasing an additional 285,015 shares in the last quarter. Whipplewood Advisors LLC purchased a new stake in Welltower in the 4th quarter valued at approximately $367,000. Finally, Groupama Asset Managment increased its position in 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 worth $2,183,000 after purchasing an additional 1,891,847 shares during the period. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Price Performance

NYSE WELL traded up $1.19 during trading hours on Thursday, reaching $153.06. The company's stock had a trading volume of 4,256,969 shares, compared to its average volume of 2,944,765. The company has a debt-to-equity ratio of 0.46, a quick ratio of 4.23 and a current ratio of 4.23. The company's 50-day moving average is $149.38 and its two-hundred day moving average is $142.56. Welltower Inc. has a fifty-two week low of $100.13 and a fifty-two week high of $158.55. The stock has a market cap of $100.09 billion, a PE ratio of 87.97, a PEG ratio of 1.77 and a beta of 0.94.

Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share (EPS) 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 company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter in the prior year, the firm earned $1.01 earnings per share. The company's revenue for the quarter was up 30.3% compared to the same quarter last year. Analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 14th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.75%. The ex-dividend date was Wednesday, May 14th. Welltower's payout ratio is 154.02%.

Analysts Set New Price Targets

WELL has been the subject of several recent analyst reports. Wells Fargo & Company raised their price target on Welltower from $158.00 to $175.00 and gave the company an "overweight" rating in a report on Monday, June 2nd. Wedbush reiterated an "underperform" rating on shares of Welltower in a research report on Thursday, April 17th. Royal Bank Of Canada upgraded shares of Welltower from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from $146.00 to $168.00 in a research report on Friday, February 28th. Evercore ISI upped their price target on shares of Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a research note on Thursday, May 1st. Finally, Morgan Stanley raised their price objective on shares of Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a research note on Tuesday, May 6th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $163.25.

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.