Welltower Inc. (HCN) Shares Bought by Stifel Financial Corp

Stifel Financial Corp raised its stake in shares of Welltower Inc. (NYSE:HCN) by 6.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 322,201 shares of the real estate investment trust’s stock after buying an additional 19,352 shares during the quarter. Stifel Financial Corp owned about 0.09% of Welltower worth $22,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. PGGM Investments grew its holdings in shares of Welltower by 112.9% in the third quarter. PGGM Investments now owns 4,768,912 shares of the real estate investment trust’s stock valued at $335,159,000 after purchasing an additional 2,529,412 shares in the last quarter. Uniplan Investment Counsel Inc. grew its holdings in shares of Welltower by 311.2% in the second quarter. Uniplan Investment Counsel Inc. now owns 2,883,118 shares of the real estate investment trust’s stock valued at $53,217,000 after purchasing an additional 2,181,913 shares in the last quarter. Standard Life Investments LTD grew its holdings in shares of Welltower by 84.5% in the second quarter. Standard Life Investments LTD now owns 2,279,176 shares of the real estate investment trust’s stock valued at $170,517,000 after purchasing an additional 1,043,676 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Welltower by 11.3% in the third quarter. Bank of New York Mellon Corp now owns 7,592,729 shares of the real estate investment trust’s stock valued at $533,618,000 after purchasing an additional 768,861 shares in the last quarter. Finally, Cbre Clarion Securities LLC grew its holdings in shares of Welltower by 8.3% in the second quarter. Cbre Clarion Securities LLC now owns 6,401,420 shares of the real estate investment trust’s stock valued at $479,146,000 after purchasing an additional 492,882 shares in the last quarter. 86.67% of the stock is owned by institutional investors and hedge funds.

In other Welltower news, Director Gary Whitelaw bought 1,420 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was acquired at an average cost of $68.39 per share, for a total transaction of $97,113.80. Following the completion of the transaction, the director now owns 1,420 shares in the company, valued at $97,113.80. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 0.19% of the stock is currently owned by company insiders.

A number of research analysts recently weighed in on HCN shares. Royal Bank Of Canada reissued a “hold” rating and issued a $74.00 target price on shares of Welltower in a report on Wednesday, September 6th. Bank of America lowered shares of Welltower to a “neutral” rating and dropped their price objective for the stock from $78.00 to $77.00 in a research note on Friday, September 22nd. Capital One Financial started coverage on shares of Welltower in a research note on Monday, September 25th. They set an “equal weight” rating and a $74.00 price objective for the company. UBS dropped their price objective on shares of Welltower from $71.00 to $69.00 and set a “neutral” rating for the company in a research note on Monday, October 2nd. Finally, Jefferies Group reaffirmed a “hold” rating and set a $72.00 price objective on shares of Welltower in a research note on Tuesday, October 3rd. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company. Welltower has an average rating of “Hold” and an average price target of $72.71.

Welltower Inc. (HCN) traded down $1.01 during midday trading on Wednesday, reaching $66.12. 2,672,500 shares of the company’s stock traded hands, compared to its average volume of 1,765,753. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.76. The stock has a market capitalization of $24,862.05, a price-to-earnings ratio of 15.65, a price-to-earnings-growth ratio of 4.52 and a beta of 0.25. Welltower Inc. has a 52 week low of $62.51 and a 52 week high of $78.17.

Welltower (NYSE:HCN) last posted its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $1.08 EPS for the quarter, topping the consensus estimate of $1.05 by $0.03. Welltower had a net margin of 22.67% and a return on equity of 7.45%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the firm earned $1.16 earnings per share. Welltower’s quarterly revenue was up 1.1% compared to the same quarter last year. research analysts anticipate that Welltower Inc. will post 4.24 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, November 20th. Stockholders of record on Tuesday, November 7th were given a dividend of $0.87 per share. The ex-dividend date of this dividend was Monday, November 6th. This represents a $3.48 annualized dividend and a dividend yield of 5.26%. Welltower’s dividend payout ratio (DPR) is 140.32%.

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Welltower Profile

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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