XML Financial LLC Invests $229,000 in Welltower Inc. (NYSE:WELL)

XML Financial LLC bought a new position in shares of Welltower Inc. (NYSE:WELL) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,789 shares of the real estate investment trust’s stock, valued at approximately $229,000.

A number of other large investors also recently bought and sold shares of the business. Sustainable Insight Capital Management LLC purchased a new stake in Welltower in the third quarter valued at about $563,000. Atria Investments Inc lifted its position in Welltower by 20.3% during the third quarter. Atria Investments Inc now owns 35,072 shares of the real estate investment trust’s stock valued at $4,490,000 after purchasing an additional 5,927 shares during the period. Carmel Capital Partners LLC boosted its stake in shares of Welltower by 2.7% in the third quarter. Carmel Capital Partners LLC now owns 4,480 shares of the real estate investment trust’s stock worth $574,000 after buying an additional 118 shares during the last quarter. Assetmark Inc. grew its stake in shares of Welltower by 162.8% during the 3rd quarter. Assetmark Inc. now owns 5,703 shares of the real estate investment trust’s stock worth $730,000 after purchasing an additional 3,533 shares during the period. Finally, Windward Capital Management Co. CA grew its position in Welltower by 3.4% during the third quarter. Windward Capital Management Co. CA now owns 49,461 shares of the real estate investment trust’s stock valued at $6,333,000 after buying an additional 1,642 shares during the period. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of WELL opened at $137.67 on Tuesday. The firm’s fifty day simple moving average is $128.94 and its 200-day simple moving average is $114.23. The firm has a market capitalization of $85.73 billion, a price-to-earnings ratio of 90.57, a PEG ratio of 3.10 and a beta of 1.20. Welltower Inc. has a twelve month low of $84.38 and a twelve month high of $140.19. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51.

Welltower (NYSE:WELL) last posted its earnings results on Monday, October 28th. The real estate investment trust reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.31). The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.95 billion. Welltower had a return on equity of 3.20% and a net margin of 12.22%. The firm’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.92 EPS. Equities analysts forecast that Welltower Inc. will post 4.3 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Investors of record on Wednesday, November 13th will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.95%. The ex-dividend date of this dividend is Wednesday, November 13th. Welltower’s dividend payout ratio (DPR) is presently 176.32%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WELL. Scotiabank increased their target price on Welltower from $121.00 to $133.00 and gave the company a “sector outperform” rating in a research report on Monday, September 23rd. StockNews.com raised Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Wolfe Research upgraded Welltower to a “strong-buy” rating in a research report on Friday, August 9th. Wells Fargo & Company reissued an “equal weight” rating and issued a $135.00 price target (up from $134.00) on shares of Welltower in a research note on Tuesday, October 1st. Finally, Royal Bank of Canada upped their price target on Welltower from $101.00 to $114.00 and gave the stock a “sector perform” rating in a research note on Friday, August 9th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $116.68.

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.