Kistler Tiffany Companies LLC lowered its position in shares of Welltower Inc (NYSE:WELL) by 22.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,241 shares of the real estate investment trust’s stock after selling 353 shares during the quarter. Kistler Tiffany Companies LLC’s holdings in Welltower were worth $96,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in WELL. JPMorgan Chase & Co. acquired a new stake in Welltower during the third quarter valued at approximately $176,871,000. Bank of New York Mellon Corp acquired a new stake in Welltower during the third quarter valued at approximately $405,367,000. Panagora Asset Management Inc. acquired a new stake in Welltower during the third quarter valued at approximately $703,000. Jefferies Group LLC acquired a new stake in Welltower during the third quarter valued at approximately $390,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in Welltower during the third quarter valued at approximately $25,186,000. Hedge funds and other institutional investors own 84.87% of the company’s stock.
In related news, EVP Mercedes Kerr sold 5,000 shares of the stock in a transaction that occurred on Thursday, February 28th. The stock was sold at an average price of $74.50, for a total value of $372,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.15% of the company’s stock.
WELL stock traded down $2.72 on Tuesday, reaching $73.73. The company’s stock had a trading volume of 1,976,834 shares, compared to its average volume of 2,295,450. Welltower Inc has a 52 week low of $49.58 and a 52 week high of $79.41. The firm has a market capitalization of $30.55 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 3.21 and a beta of 0.46. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.64 and a quick ratio of 1.64.
Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 12th. The real estate investment trust reported $1.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.02). Welltower had a return on equity of 6.28% and a net margin of 17.14%. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.26 billion. Welltower’s revenue for the quarter was up 12.4% on a year-over-year basis. On average, equities analysts anticipate that Welltower Inc will post 4.18 EPS for the current fiscal year.
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Welltower Inc (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The company 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.
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