Welltower Inc. (HCN) Position Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its holdings in shares of Welltower Inc. (NYSE:HCN) by 2.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,171,211 shares of the real estate investment trust’s stock after acquiring an additional 121,252 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.40% of Welltower worth $363,435,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in HCN. Spectrum Management Group Inc. bought a new position in shares of Welltower during the third quarter valued at approximately $100,000. Bessemer Group Inc. raised its holdings in shares of Welltower by 97.6% during the second quarter. Bessemer Group Inc. now owns 1,413 shares of the real estate investment trust’s stock valued at $106,000 after acquiring an additional 698 shares in the last quarter. Hudock Capital Group LLC raised its holdings in Welltower by 543.7% in the third quarter. Hudock Capital Group LLC now owns 2,002 shares of the real estate investment trust’s stock worth $140,000 after purchasing an additional 1,691 shares in the last quarter. Miles Capital Inc. bought a new position in Welltower in the second quarter worth $205,000. Finally, Arcadia Investment Management Corp MI raised its holdings in Welltower by 147.4% in the third quarter. Arcadia Investment Management Corp MI now owns 2,974 shares of the real estate investment trust’s stock worth $209,000 after purchasing an additional 1,772 shares in the last quarter. Institutional investors own 86.67% of the company’s stock.

Shares of Welltower Inc. (HCN) opened at $66.32 on Friday. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.79. Welltower Inc. has a 12 month low of $63.05 and a 12 month high of $78.17. The company has a market capitalization of $24,513.92, a price-to-earnings ratio of 15.43, a PEG ratio of 4.45 and a beta of 0.25.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 20th. Investors 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 5.25%. Welltower’s dividend payout ratio (DPR) is presently 140.32%.

In other Welltower news, Director Gary Whitelaw acquired 1,420 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The shares were bought at an average cost of $68.39 per share, with a total value of $97,113.80. Following the completion of the transaction, the director now directly owns 1,420 shares of the company’s stock, valued at approximately $97,113.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.19% of the company’s stock.

A number of equities analysts have issued reports on the company. Capital One Financial upgraded Welltower from an “equal weight” rating to an “overweight” rating in a report on Wednesday, November 8th. Stifel Nicolaus decreased their price objective on Welltower from $75.00 to $74.00 and set a “buy” rating for the company in a report on Friday, November 3rd. KeyCorp reiterated a “hold” rating on shares of Welltower in a report on Tuesday, October 17th. Royal Bank Of Canada reiterated a “hold” rating and issued a $74.00 price objective on shares of Welltower in a report on Tuesday, October 10th. Finally, Jefferies Group reiterated a “hold” rating and issued a $72.00 price objective on shares of Welltower in a report on Tuesday, October 3rd. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company’s stock. Welltower presently has a consensus rating of “Hold” and an average price target of $72.71.

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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.

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Institutional Ownership by Quarter for Welltower (NYSE:HCN)

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