B. Metzler seel. Sohn & Co. Holding AG Buys Shares of 28,504 Welltower Inc. (NYSE:WELL)

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Welltower Inc. (NYSE:WELL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 28,504 shares of the real estate investment trust’s stock, valued at approximately $3,649,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Banque Cantonale Vaudoise lifted its position in shares of Welltower by 97.1% during the 3rd quarter. Banque Cantonale Vaudoise now owns 39,480 shares of the real estate investment trust’s stock worth $5,054,000 after buying an additional 19,446 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its position in Welltower by 2.5% in the third quarter. Fifth Third Wealth Advisors LLC now owns 5,219 shares of the real estate investment trust’s stock valued at $668,000 after acquiring an additional 125 shares during the last quarter. Prospera Financial Services Inc raised its stake in Welltower by 5.8% during the third quarter. Prospera Financial Services Inc now owns 8,450 shares of the real estate investment trust’s stock worth $1,083,000 after acquiring an additional 463 shares in the last quarter. Caprock Group LLC lifted its holdings in shares of Welltower by 38.8% in the third quarter. Caprock Group LLC now owns 8,529 shares of the real estate investment trust’s stock worth $1,092,000 after acquiring an additional 2,385 shares during the last quarter. Finally, Pathstone Holdings LLC boosted its stake in shares of Welltower by 1.2% in the 3rd quarter. Pathstone Holdings LLC now owns 44,609 shares of the real estate investment trust’s stock valued at $5,711,000 after purchasing an additional 548 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

NYSE WELL opened at $137.45 on Thursday. The company has a market cap of $85.59 billion, a P/E ratio of 90.43, a PEG ratio of 3.05 and a beta of 1.20. The company has a fifty day simple moving average of $130.76 and a 200 day simple moving average of $116.41. 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 Inc. has a 12-month low of $85.40 and a 12-month high of $140.19.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.31). Welltower had a net margin of 12.22% and a return on equity of 3.20%. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the prior year, the business earned $0.92 earnings per share. The firm’s quarterly revenue was up 23.7% compared to the same quarter last year. Sell-side analysts predict that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Scotiabank raised their price objective on Welltower from $121.00 to $133.00 and gave the company a “sector outperform” rating in a report on Monday, September 23rd. Wells Fargo & Company reiterated an “equal weight” rating and issued a $135.00 price target (up previously from $134.00) on shares of Welltower in a research report on Tuesday, October 1st. Royal Bank of Canada increased their target price on shares of Welltower from $101.00 to $114.00 and gave the company a “sector perform” rating in a research report on Friday, August 9th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Welltower from $115.00 to $137.00 and gave the company a “buy” rating in a report on Wednesday, August 21st. Finally, Evercore ISI increased their price target on Welltower from $106.00 to $114.00 and gave the stock an “in-line” rating in a report on Monday, September 16th. Five research 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.