UBS Asset Management Americas Inc. decreased its stake in Welltower Inc. (NYSE:HCN) by 2.0% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 1,610,961 shares of the real estate investment trust’s stock after selling 33,617 shares during the period. UBS Asset Management Americas Inc. owned 0.45% of Welltower worth $120,452,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Brighton Jones LLC boosted its stake in Welltower by 0.4% in the third quarter. Brighton Jones LLC now owns 4,486 shares of the real estate investment trust’s stock valued at $335,000 after buying an additional 19 shares during the period. Associated Banc Corp boosted its stake in Welltower by 0.6% in the second quarter. Associated Banc Corp now owns 6,354 shares of the real estate investment trust’s stock valued at $484,000 after buying an additional 41 shares during the period. SNS Financial Group LLC boosted its stake in Welltower by 1.6% in the second quarter. SNS Financial Group LLC now owns 2,967 shares of the real estate investment trust’s stock valued at $226,000 after buying an additional 46 shares during the period. Financial Counselors Inc. boosted its stake in Welltower by 0.6% in the second quarter. Financial Counselors Inc. now owns 7,445 shares of the real estate investment trust’s stock valued at $567,000 after buying an additional 48 shares during the period. Finally, Pennsylvania Trust Co boosted its stake in Welltower by 2.0% in the third quarter. Pennsylvania Trust Co now owns 2,708 shares of the real estate investment trust’s stock valued at $202,000 after buying an additional 54 shares during the period. 84.87% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Welltower (NYSE:HCN)

Shares of Welltower Inc. (NYSE:HCN) opened at 63.40 on Tuesday. The stock has a market capitalization of $22.98 billion, a P/E ratio of 27.97 and a beta of 0.25. The firm’s 50-day moving average price is $66.41 and its 200-day moving average price is $72.56. Welltower Inc. has a one year low of $52.80 and a one year high of $80.19.

Welltower (NYSE:HCN) last issued its quarterly earnings results on Wednesday, November 2nd. The real estate investment trust reported $1.16 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.15 by $0.01. The company earned $1.08 billion during the quarter, compared to the consensus estimate of $1.05 billion. Welltower had a return on equity of 6.37% and a net margin of 20.74%. Welltower’s revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.12 EPS. Equities research analysts anticipate that Welltower Inc. will post $4.54 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, November 21st. Shareholders of record on Tuesday, November 8th were issued a $0.86 dividend. The ex-dividend date of this dividend was Friday, November 4th. This represents a $3.44 annualized dividend and a yield of 5.43%. Welltower’s dividend payout ratio (DPR) is presently 152.21%.

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Several equities research analysts have issued reports on the company. RBC Capital Markets reissued a “sector perform” rating and set a $77.00 target price (up previously from $72.00) on shares of Welltower in a research note on Thursday, August 4th. S&P Equity Research reissued a “positive” rating on shares of Welltower in a research note on Thursday, November 3rd. Citigroup Inc. raised their target price on Welltower from $73.00 to $80.00 and gave the stock a “neutral” rating in a research note on Thursday, August 11th. Royal Bank Of Canada raised their target price on Welltower from $72.00 to $77.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 4th. Finally, Hilliard Lyons cut Welltower from a “neutral” rating to an “underperform” rating in a research note on Tuesday, August 2nd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $73.06.

In other news, CFO Scott A. Estes sold 3,192 shares of the company’s stock in a transaction on Thursday, September 1st. The stock was sold at an average price of $76.43, for a total transaction of $243,964.56. Following the completion of the sale, the chief financial officer now directly owns 133,126 shares in the company, valued at approximately $10,174,820.18. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Jeffrey H. Miller sold 24,777 shares of the company’s stock in a transaction on Wednesday, September 7th. The stock was sold at an average price of $78.00, for a total value of $1,932,606.00. Following the sale, the chief operating officer now owns 136,095 shares of the company’s stock, valued at $10,615,410. The disclosure for this sale can be found here. 0.29% of the stock is owned by company insiders.

About Welltower

Welltower Inc, formerly Health Care REIT, Inc, is a provider of healthcare infrastructure. The Company operates through three segments: triple-net, which includes independent living facilities, independent supportive living facilities (Canada), continuing care retirement communities, assisted living facilities, care homes with and without nursing (United Kingdom), Alzheimer’s/dementia care facilities, long-term/post-acute care facilities and hospitals; seniors housing operating, which includes a range of facility types, including independent living facilities and independent supportive living facilities, assisted living facilities, care homes and Alzheimer’s/dementia care facilities, and outpatient medical, which includes outpatient medical buildings.

5 Day Chart for NYSE:HCN

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