Welltower Inc. $WELL Shares Sold by Chilton Capital Management LLC

Chilton Capital Management LLC lowered its holdings in Welltower Inc. (NYSE:WELL) by 5.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 83,687 shares of the real estate investment trust’s stock after selling 5,009 shares during the period. Chilton Capital Management LLC’s holdings in Welltower were worth $14,908,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in WELL. Brighton Jones LLC grew its stake in shares of Welltower by 7.1% in the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after acquiring an additional 279 shares in the last quarter. Empowered Funds LLC boosted its holdings in Welltower by 31.7% in the first quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock valued at $2,266,000 after purchasing an additional 3,564 shares during the period. Sivia Capital Partners LLC boosted its holdings in Welltower by 7.1% in the second quarter. Sivia Capital Partners LLC now owns 1,910 shares of the real estate investment trust’s stock valued at $294,000 after purchasing an additional 127 shares during the period. Perigon Wealth Management LLC grew its stake in Welltower by 23.6% during the 2nd quarter. Perigon Wealth Management LLC now owns 4,925 shares of the real estate investment trust’s stock worth $757,000 after purchasing an additional 939 shares in the last quarter. Finally, ORG Partners LLC increased its holdings in Welltower by 21.8% during the 2nd quarter. ORG Partners LLC now owns 581 shares of the real estate investment trust’s stock worth $88,000 after purchasing an additional 104 shares during the period. 94.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WELL has been the subject of several recent research reports. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $205.00 price objective on shares of Welltower in a research note on Thursday, December 18th. National Bankshares set a $246.00 target price on shares of Welltower in a report on Friday, October 17th. Loop Capital set a $196.00 price target on shares of Welltower in a report on Wednesday, October 29th. Cantor Fitzgerald reissued an “overweight” rating and issued a $204.00 price objective on shares of Welltower in a research report on Monday, January 5th. Finally, Wells Fargo & Company lifted their price objective on shares of Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $204.80.

Welltower Stock Performance

Shares of WELL opened at $183.75 on Tuesday. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. Welltower Inc. has a 52-week low of $130.29 and a 52-week high of $209.05. The company has a 50-day simple moving average of $191.96 and a 200-day simple moving average of $178.39. The company has a market capitalization of $126.11 billion, a PE ratio of 126.72, a P/E/G ratio of 1.28 and a beta of 0.86.

Welltower (NYSE:WELL) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same period in the prior year, the business posted $1.11 earnings per share. The firm’s revenue for the quarter was up 30.7% compared to the same quarter last year. Equities research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

About Welltower

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.