Windle Wealth LLC Decreases Stock Holdings in Welltower Inc. (NYSE:WELL)

Windle Wealth LLC reduced its holdings in shares of Welltower Inc. (NYSE:WELL - Free Report) by 13.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 56,250 shares of the real estate investment trust's stock after selling 8,898 shares during the period. Welltower accounts for approximately 4.4% of Windle Wealth LLC's investment portfolio, making the stock its 5th biggest holding. Windle Wealth LLC's holdings in Welltower were worth $8,618,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in WELL. Geller Advisors LLC boosted its position 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 in the last quarter. Good Life Advisors LLC boosted its holdings 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 grew its stake 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 valued at $273,000 after acquiring an additional 73 shares during the period. Premier Path Wealth Partners LLC grew its stake in 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 acquiring an additional 77 shares during the period. Finally, Catalyst Financial Partners LLC increased its holdings in shares of Welltower by 4.3% during the first quarter. Catalyst Financial Partners LLC now owns 1,854 shares of the real estate investment trust's stock valued at $284,000 after acquiring an additional 77 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Welltower Stock Performance

Shares of WELL stock traded up $1.27 during trading on Monday, reaching $160.32. 1,475,015 shares of the company's stock traded hands, compared to its average volume of 2,897,583. The company has a market capitalization of $104.84 billion, a P/E ratio of 35.42, a PEG ratio of 1.85 and a beta of 0.92. Welltower Inc. has a 1 year low of $106.98 and a 1 year high of $161.24. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.46. The firm's 50-day moving average is $152.07 and its 200 day moving average is $146.76.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $1.15 by $0.05. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. Welltower had a net margin of 12.65% and a return on equity of 3.41%. Welltower's revenue was up 30.3% compared to the same quarter last year. During the same period last year, the business earned $1.01 earnings per share. Equities research analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend was Wednesday, May 14th. Welltower's dividend payout ratio (DPR) is 154.02%.

Insider Activity

In other news, Director Andrew Gundlach bought 20,000 shares of the firm's stock in a transaction dated Monday, June 30th. The stock was purchased at an average price of $151.46 per share, with a total value of $3,029,200.00. Following the transaction, the director owned 20,000 shares of the company's stock, valued at approximately $3,029,200. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.21% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Morgan Stanley lifted their price objective on shares of Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a report on Tuesday, May 6th. Wells Fargo & Company raised their price target on shares of Welltower from $158.00 to $175.00 and gave the company an "overweight" rating in a research report on Monday, June 2nd. Wedbush reissued an "underperform" rating on shares of Welltower in a research report on Thursday, April 17th. Evercore ISI boosted their target price on Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a research note on Thursday, May 1st. Finally, Scotiabank reiterated an "outperform" rating on shares of Welltower in a research note on Monday, June 23rd. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Welltower presently has a consensus rating of "Moderate Buy" and a consensus target price of $168.18.

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.