Accident Compensation Corp lowered its holdings in Welltower Inc. (NYSE:HCN) by 46.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,750 shares of the real estate investment trust’s stock after selling 13,500 shares during the period. Accident Compensation Corp’s holdings in Welltower were worth $1,179,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Smith Moore & CO. increased its position in shares of Welltower by 0.5% in the first quarter. Smith Moore & CO. now owns 4,005 shares of the real estate investment trust’s stock worth $284,000 after acquiring an additional 19 shares in the last quarter. Cutter & CO Brokerage Inc. increased its position in shares of Welltower by 0.5% in the second quarter. Cutter & CO Brokerage Inc. now owns 5,777 shares of the real estate investment trust’s stock worth $432,000 after acquiring an additional 27 shares in the last quarter. Farmers & Merchants Investments Inc. increased its position in shares of Welltower by 0.6% in the second quarter. Farmers & Merchants Investments Inc. now owns 5,030 shares of the real estate investment trust’s stock worth $376,000 after acquiring an additional 30 shares in the last quarter. First Heartland Consultants Inc. increased its position in shares of Welltower by 0.6% in the second quarter. First Heartland Consultants Inc. now owns 5,690 shares of the real estate investment trust’s stock worth $426,000 after acquiring an additional 33 shares in the last quarter. Finally, Mackenzie Financial Corp increased its position in shares of Welltower by 0.9% in the first quarter. Mackenzie Financial Corp now owns 4,469 shares of the real estate investment trust’s stock worth $316,000 after acquiring an additional 38 shares in the last quarter. 85.89% of the stock is owned by institutional investors.

Several equities research analysts have recently issued reports on HCN shares. BidaskClub lowered shares of Welltower from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Royal Bank Of Canada reissued a “hold” rating and issued a $74.00 price objective on shares of Welltower in a research report on Wednesday, September 6th. Mizuho reissued a “neutral” rating on shares of Welltower in a research report on Wednesday, June 28th. Finally, BMO Capital Markets reissued a “sell” rating and issued a $68.00 price objective on shares of Welltower in a research report on Friday, July 28th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. Welltower currently has an average rating of “Hold” and a consensus price target of $71.55.

Welltower Inc. (NYSE:HCN) traded down 0.03% on Monday, reaching $74.55. 115,221 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $72.53 and a 200 day moving average of $72.25. The stock has a market capitalization of $27.50 billion, a PE ratio of 23.22 and a beta of 0.24. Welltower Inc. has a 12 month low of $59.39 and a 12 month high of $78.17.

Welltower (NYSE:HCN) last announced its earnings results on Friday, July 28th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.05 by $0.01. Welltower had a net margin of 28.94% and a return on equity of 8.74%. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the previous year, the firm posted $0.54 earnings per share. Equities analysts predict that Welltower Inc. will post $2.29 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, August 21st. Investors of record on Tuesday, August 8th were given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date of this dividend was Friday, August 4th. Welltower’s dividend payout ratio (DPR) is currently 108.41%.

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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.

Institutional Ownership by Quarter for Welltower (NYSE:HCN)

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