Welltower Inc. (NYSE:WELL) Shares Sold by USA Financial Formulas

USA Financial Formulas lowered its position in Welltower Inc. (NYSE:WELL - Free Report) by 24.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,850 shares of the real estate investment trust's stock after selling 2,179 shares during the period. USA Financial Formulas' holdings in Welltower were worth $1,049,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Geller Advisors LLC grew its stake in shares of Welltower by 3.7% during the 4th quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust's stock worth $241,000 after purchasing an additional 69 shares during the period. Sivia Capital Partners LLC grew its position in Welltower by 4.3% during the first quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust's stock worth $273,000 after buying an additional 73 shares during the period. Woodmont Investment Counsel LLC increased its holdings in Welltower by 3.8% in the fourth quarter. Woodmont Investment Counsel LLC now owns 2,213 shares of the real estate investment trust's stock valued at $279,000 after buying an additional 81 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Welltower by 27.0% during the 1st quarter. Versant Capital Management Inc now owns 381 shares of the real estate investment trust's stock valued at $58,000 after acquiring an additional 81 shares during the period. Finally, Wealthspire Advisors LLC lifted its position in shares of Welltower by 2.5% during the 4th quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust's stock valued at $435,000 after acquiring an additional 83 shares during the period. Hedge funds and other institutional investors own 94.80% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Wedbush reissued an "underperform" rating on shares of Welltower in a report on Thursday, April 17th. Bank of America increased their target price on Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Evercore ISI boosted their price target on Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a report on Thursday, May 1st. Wall Street Zen cut Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Finally, Mizuho raised their price target on shares of Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Two analysts have rated the stock with a sell rating, one has given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $163.25.

Welltower Trading Up 0.6%

Shares of NYSE WELL traded up $0.89 during midday trading on Thursday, hitting $151.13. The stock had a trading volume of 531,066 shares, compared to its average volume of 2,917,006. The company has a market capitalization of $98.83 billion, a price-to-earnings ratio of 96.88, a PEG ratio of 2.87 and a beta of 0.94. Welltower Inc. has a 1-year low of $100.13 and a 1-year high of $158.55. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. The company has a fifty day moving average price of $148.09 and a 200 day moving average price of $142.09.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, beating the consensus estimate of $1.15 by $0.05. Welltower had a net margin of 11.91% and a return on equity of 3.15%. The firm had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same quarter last year, the firm posted $1.01 earnings per share. Welltower's revenue for the quarter was up 30.3% compared to the same quarter last year. On average, analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend was Wednesday, May 14th. Welltower's payout ratio is 154.02%.

Welltower 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.