Welltower Inc. (HCN) Position Held by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund continued to hold its position in Welltower Inc. (NYSE:HCN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,979 shares of the real estate investment trust’s stock at the end of the second quarter. Oregon Public Employees Retirement Fund’s holdings in Welltower were worth $2,843,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in HCN. Welch & Forbes LLC boosted its position in Welltower by 0.5% in the first quarter. Welch & Forbes LLC now owns 3,070 shares of the real estate investment trust’s stock valued at $217,000 after buying an additional 15 shares in the last quarter. Smith Moore & CO. boosted its position in Welltower by 0.5% in the first quarter. Smith Moore & CO. now owns 4,005 shares of the real estate investment trust’s stock valued at $284,000 after buying an additional 19 shares in the last quarter. Mackenzie Financial Corp boosted its position in Welltower by 0.9% in the first quarter. Mackenzie Financial Corp now owns 4,469 shares of the real estate investment trust’s stock valued at $316,000 after buying an additional 38 shares in the last quarter. Cleararc Capital Inc. boosted its position in Welltower by 0.5% in the first quarter. Cleararc Capital Inc. now owns 8,844 shares of the real estate investment trust’s stock valued at $626,000 after buying an additional 45 shares in the last quarter. Finally, Geneva Advisors LLC boosted its position in Welltower by 1.7% in the first quarter. Geneva Advisors LLC now owns 3,169 shares of the real estate investment trust’s stock valued at $224,000 after buying an additional 52 shares in the last quarter. 85.15% of the stock is currently owned by institutional investors.

Shares of Welltower Inc. (NYSE:HCN) traded down 0.63% during trading on Friday, reaching $70.65. 1,403,730 shares of the company’s stock were exchanged. Welltower Inc. has a 52-week low of $59.39 and a 52-week high of $78.19. The stock’s 50 day moving average price is $72.81 and its 200-day moving average price is $71.36. The stock has a market cap of $26.06 billion, a PE ratio of 22.00 and a beta of 0.23.

Welltower (NYSE:HCN) last released its quarterly earnings results on Friday, July 28th. The real estate investment trust reported $1.06 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.05 by $0.01. Welltower had a return on equity of 8.74% and a net margin of 28.94%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the prior year, the firm posted $0.54 EPS. On average, equities research analysts forecast that Welltower Inc. will post $2.31 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, August 21st. Investors of record on Tuesday, August 8th will be issued a dividend of $0.87 per share. The ex-dividend date is Friday, August 4th. This represents a $3.48 annualized dividend and a yield of 4.93%. Welltower’s payout ratio is presently 108.41%.

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A number of equities research analysts recently issued reports on HCN shares. Evercore ISI cut shares of Welltower from an “in-line” rating to an “underperform” rating in a report on Monday, April 24th. Zacks Investment Research lowered shares of Welltower from a “hold” rating to a “sell” rating in a research report on Tuesday, April 25th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $72.00 price objective on shares of Welltower in a research report on Wednesday, May 3rd. Canaccord Genuity reaffirmed a “buy” rating and set a $86.00 price objective on shares of Welltower in a research report on Friday, May 5th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $65.00 price objective on shares of Welltower in a research report on Friday, May 12th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $72.77.

About Welltower

Welltower Inc invests with seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure. The Company invests in seniors housing and healthcare real estate. It operates in three segments: triple-net, seniors housing operating and outpatient medical. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities, and outpatient medical properties.

Institutional Ownership by Quarter for Welltower (NYSE:HCN)

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