Welltower Inc (NYSE:WELL) CEO Thomas J. Derosa sold 19,307 shares of the company’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $77.90, for a total transaction of $1,504,015.30. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

NYSE WELL traded up $0.61 during trading hours on Wednesday, hitting $78.69. The company’s stock had a trading volume of 1,167,200 shares, compared to its average volume of 2,113,796. Welltower Inc has a twelve month low of $53.53 and a twelve month high of $79.41. The firm has a market capitalization of $31.46 billion, a P/E ratio of 19.53, a P/E/G ratio of 3.27 and a beta of 0.43. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.84 and a quick ratio of 1.84.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, April 30th. The real estate investment trust reported $1.02 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.02. Welltower had a net margin of 13.06% and a return on equity of 4.97%. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.24 billion. During the same period in the prior year, the business posted $0.99 earnings per share. Welltower’s revenue was up 16.0% compared to the same quarter last year. Sell-side analysts expect that Welltower Inc will post 4.2 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Investors of record on Tuesday, May 14th will be issued a $0.87 dividend. The ex-dividend date is Monday, May 13th. This represents a $3.48 annualized dividend and a yield of 4.42%. Welltower’s dividend payout ratio is currently 86.35%.

A number of research firms recently weighed in on WELL. BMO Capital Markets raised shares of Welltower from a “market perform” rating to an “outperform” rating and upped their target price for the company from $73.00 to $86.00 in a research note on Tuesday, May 7th. Deutsche Bank upped their target price on shares of Welltower from $61.00 to $71.00 and gave the company a “hold” rating in a research note on Friday, March 29th. Raymond James increased their price target on shares of Welltower from $75.00 to $78.00 and gave the company an “outperform” rating in a research note on Tuesday, February 26th. They noted that the move was a valuation call. Mitsubishi UFJ Financial Group increased their price target on shares of Welltower to $82.00 and gave the company an “overweight” rating in a research note on Wednesday, February 13th. Finally, Royal Bank of Canada increased their price target on shares of Welltower to $76.00 and gave the company a “sector perform” rating in a research note on Thursday, February 21st. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $73.29.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Advisors Asset Management Inc. lifted its holdings in Welltower by 234.7% in the first quarter. Advisors Asset Management Inc. now owns 9,587 shares of the real estate investment trust’s stock valued at $744,000 after buying an additional 6,723 shares during the period. Colonial Trust Advisors raised its holdings in Welltower by 11.8% in the first quarter. Colonial Trust Advisors now owns 4,250 shares of the real estate investment trust’s stock worth $330,000 after purchasing an additional 450 shares during the period. SEI Investments Co raised its holdings in Welltower by 6.9% in the first quarter. SEI Investments Co now owns 1,051,243 shares of the real estate investment trust’s stock worth $81,574,000 after purchasing an additional 68,257 shares during the period. Goldman Sachs Group Inc. raised its holdings in Welltower by 1.7% in the first quarter. Goldman Sachs Group Inc. now owns 2,904,011 shares of the real estate investment trust’s stock worth $225,351,000 after purchasing an additional 47,610 shares during the period. Finally, Lucia Wealth Services LLC raised its holdings in Welltower by 437.2% in the first quarter. Lucia Wealth Services LLC now owns 462 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 376 shares during the period. Institutional investors and hedge funds own 84.94% of the company’s stock.

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Welltower Company Profile

Welltower Inc (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The company 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.

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