Ossiam Has $1.39 Million Stock Position in Welltower Inc. (NYSE:WELL)

Ossiam lessened its holdings in Welltower Inc. (NYSE:WELLFree Report) by 20.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,437 shares of the real estate investment trust’s stock after selling 4,000 shares during the quarter. Ossiam’s holdings in Welltower were worth $1,392,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of WELL. Norges Bank bought a new position in Welltower in the 4th quarter valued at approximately $2,453,039,000. Vanguard Group Inc. lifted its stake in shares of Welltower by 2.7% in the 3rd quarter. Vanguard Group Inc. now owns 80,757,592 shares of the real estate investment trust’s stock valued at $6,615,662,000 after acquiring an additional 2,156,673 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Welltower by 22.9% during the 3rd quarter. Invesco Ltd. now owns 8,486,611 shares of the real estate investment trust’s stock valued at $695,223,000 after acquiring an additional 1,581,084 shares in the last quarter. Capital International Investors grew its position in Welltower by 6.3% during the 4th quarter. Capital International Investors now owns 23,132,262 shares of the real estate investment trust’s stock worth $2,085,836,000 after acquiring an additional 1,361,150 shares during the last quarter. Finally, UBS Group AG increased its holdings in Welltower by 147.7% in the 4th quarter. UBS Group AG now owns 1,072,283 shares of the real estate investment trust’s stock worth $96,688,000 after purchasing an additional 639,355 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on WELL. BNP Paribas assumed coverage on Welltower in a research note on Monday, March 18th. They set an “outperform” rating and a $104.00 price target on the stock. Wells Fargo & Company upped their price target on shares of Welltower from $107.00 to $111.00 and gave the company an “overweight” rating in a research report on Thursday, May 30th. StockNews.com upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, May 22nd. Mizuho boosted their target price on shares of Welltower from $98.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, May 8th. Finally, Scotiabank boosted their price target on Welltower from $96.00 to $108.00 and gave the company a “sector outperform” rating in a research note on Thursday, May 16th. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $98.07.

Read Our Latest Research Report on Welltower

Welltower Stock Performance

Shares of WELL opened at $103.53 on Tuesday. Welltower Inc. has a 52 week low of $75.86 and a 52 week high of $105.69. The company has a debt-to-equity ratio of 0.50, a quick ratio of 3.83 and a current ratio of 3.83. The stock has a 50 day moving average price of $96.85 and a two-hundred day moving average price of $92.65. The firm has a market capitalization of $61.90 billion, a P/E ratio of 127.81, a P/E/G ratio of 2.56 and a beta of 1.16.

Welltower (NYSE:WELLGet Free Report) last issued its quarterly earnings data on Monday, April 29th. The real estate investment trust reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.72). Welltower had a net margin of 6.37% and a return on equity of 1.77%. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter last year, the business posted $0.85 earnings per share. Welltower’s revenue was up 19.2% on a year-over-year basis. Equities analysts forecast that Welltower Inc. will post 4.12 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 22nd. Shareholders of record on Monday, May 13th were paid a $0.61 dividend. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.44 annualized dividend and a yield of 2.36%. Welltower’s dividend payout ratio (DPR) is 301.23%.

Insiders Place Their Bets

In other news, Director Kenneth J. Bacon sold 1,800 shares of the company’s stock in a transaction that occurred on Tuesday, June 4th. The stock was sold at an average price of $103.91, for a total value of $187,038.00. Following the completion of the transaction, the director now directly owns 14,579 shares of the company’s stock, valued at $1,514,903.89. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.12% of the company’s stock.

About Welltower

(Free Report)

Welltower Inc (NYSE:WELL), a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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