1,650 Shares in Welltower Inc. (NYSE:WELL) Bought by Aberdeen Wealth Management LLC

Aberdeen Wealth Management LLC bought a new stake in Welltower Inc. (NYSE:WELL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,650 shares of the real estate investment trust’s stock, valued at approximately $211,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WELL. PNC Financial Services Group Inc. raised its position in shares of Welltower by 1.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 215,475 shares of the real estate investment trust’s stock valued at $27,587,000 after acquiring an additional 2,711 shares during the period. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Welltower in the third quarter worth $3,649,000. Banque Cantonale Vaudoise raised its holdings in Welltower by 97.1% in the third quarter. Banque Cantonale Vaudoise now owns 39,480 shares of the real estate investment trust’s stock worth $5,054,000 after purchasing an additional 19,446 shares during the period. Fifth Third Wealth Advisors LLC boosted its position in shares of Welltower by 2.5% during the third quarter. Fifth Third Wealth Advisors LLC now owns 5,219 shares of the real estate investment trust’s stock worth $668,000 after purchasing an additional 125 shares in the last quarter. Finally, Prospera Financial Services Inc grew its holdings in shares of Welltower by 5.8% in the 3rd quarter. Prospera Financial Services Inc now owns 8,450 shares of the real estate investment trust’s stock valued at $1,083,000 after buying an additional 463 shares during the period. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Up 0.7 %

Welltower stock opened at $137.02 on Tuesday. 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 1-year low of $85.40 and a 1-year high of $140.19. The company has a fifty day simple moving average of $130.40 and a 200 day simple moving average of $115.96. The company has a market cap of $85.32 billion, a P/E ratio of 90.15, a price-to-earnings-growth ratio of 3.05 and a beta of 1.20.

Welltower (NYSE:WELL) last released its earnings results 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 company had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same period in the prior year, the firm posted $0.92 EPS. Welltower’s revenue was up 23.7% compared to the same quarter last year. Research analysts anticipate that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 21st. Stockholders of record on Wednesday, November 13th will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Wednesday, November 13th. Welltower’s payout ratio is presently 176.32%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Royal Bank of Canada lifted their target price on Welltower from $101.00 to $114.00 and gave the stock a “sector perform” rating in a report on Friday, August 9th. Evercore ISI lifted their price objective on Welltower from $106.00 to $114.00 and gave the company an “in-line” rating in a report on Monday, September 16th. StockNews.com raised Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Welltower from $115.00 to $137.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Finally, Scotiabank increased their price objective on shares of Welltower from $121.00 to $133.00 and gave the stock a “sector outperform” rating in a research report on Monday, September 23rd. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $116.68.

About Welltower

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.