Welltower Inc (HCN) Shares Bought by Public Employees Retirement System of Ohio
Public Employees Retirement System of Ohio boosted its position in shares of Welltower Inc (NYSE:HCN) by 1.6% during the fourth quarter, HoldingsChannel reports. The firm owned 584,680 shares of the real estate investment trust’s stock after buying an additional 9,241 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Welltower were worth $37,285,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Spectrum Management Group Inc. purchased a new stake in Welltower during the third quarter worth $100,000. Wealthcare Advisory Partners LLC purchased a new stake in Welltower during the third quarter worth $101,000. SeaCrest Wealth Management LLC purchased a new stake in Welltower during the fourth quarter worth $105,000. San Francisco Sentry Investment Group CA boosted its position in Welltower by 1,048.5% during the third quarter. San Francisco Sentry Investment Group CA now owns 1,539 shares of the real estate investment trust’s stock worth $108,000 after purchasing an additional 1,405 shares in the last quarter. Finally, FTB Advisors Inc. boosted its position in Welltower by 547.2% during the fourth quarter. FTB Advisors Inc. now owns 1,825 shares of the real estate investment trust’s stock worth $116,000 after purchasing an additional 1,543 shares in the last quarter. Institutional investors own 86.22% of the company’s stock.
In related news, Director Gary Whitelaw purchased 1,420 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was bought at an average cost of $68.39 per share, with a total value of $97,113.80. Following the completion of the acquisition, the director now directly owns 1,420 shares in the company, valued at approximately $97,113.80. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.19% of the company’s stock.
Welltower Inc (NYSE:HCN) opened at $55.08 on Wednesday. Welltower Inc has a 1-year low of $53.00 and a 1-year high of $78.17. The firm has a market capitalization of $20,099.26, a price-to-earnings ratio of 12.65, a PEG ratio of 3.79 and a beta of 0.17. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.76.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 21st. Stockholders of record on Tuesday, February 13th will be issued a $0.87 dividend. The ex-dividend date of this dividend is Monday, February 12th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 6.32%. Welltower’s dividend payout ratio (DPR) is 140.32%.
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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.
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