FTB Advisors Inc. boosted its position in Welltower Inc (NYSE:HCN) by 547.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,825 shares of the real estate investment trust’s stock after purchasing an additional 1,543 shares during the period. FTB Advisors Inc.’s holdings in Welltower were worth $116,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Spectrum Management Group Inc. acquired a new stake in Welltower in the third quarter worth approximately $100,000. Wealthcare Advisory Partners LLC bought a new position in shares of Welltower in the third quarter valued at $101,000. San Francisco Sentry Investment Group CA increased its holdings in shares of Welltower by 1,048.5% in the third quarter. San Francisco Sentry Investment Group CA now owns 1,539 shares of the real estate investment trust’s stock valued at $108,000 after buying an additional 1,405 shares in the last quarter. Hudock Capital Group LLC increased its holdings in shares of Welltower by 543.7% in the third quarter. Hudock Capital Group LLC now owns 2,002 shares of the real estate investment trust’s stock valued at $140,000 after buying an additional 1,691 shares in the last quarter. Finally, Miles Capital Inc. bought a new position in shares of Welltower in the second quarter valued at $205,000. Hedge funds and other institutional investors own 86.40% of the company’s stock.

Shares of Welltower Inc (NYSE:HCN) opened at $60.59 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.76 and a current ratio of 1.76. Welltower Inc has a one year low of $58.24 and a one year high of $78.17. The stock has a market cap of $22,440.00, a price-to-earnings ratio of 53.15, a price-to-earnings-growth ratio of 4.17 and a beta of 0.25.

Welltower (NYSE:HCN) last announced its earnings results on Tuesday, November 7th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.03. Welltower had a net margin of 22.67% and a return on equity of 7.45%. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the business earned $1.16 EPS. The company’s revenue was up 1.1% on a year-over-year basis. equities research analysts anticipate that Welltower Inc will post 4.24 earnings per share for the current year.

In other news, Director Gary Whitelaw bought 1,420 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were bought at an average cost of $68.39 per share, with a total value of $97,113.80. Following the purchase, the director now directly owns 1,420 shares in the company, valued at $97,113.80. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.19% of the stock is owned by insiders.

HCN has been the topic of several research reports. Capital One Financial raised Welltower from an “equal weight” rating to an “overweight” rating in a report on Wednesday, November 8th. Stifel Nicolaus dropped their price target on Welltower from $75.00 to $74.00 and set a “buy” rating on the stock in a report on Friday, November 3rd. KeyCorp reaffirmed a “hold” rating on shares of Welltower in a report on Tuesday, October 17th. Mizuho reaffirmed a “hold” rating and issued a $67.00 price target on shares of Welltower in a report on Monday, December 11th. Finally, Stephens set a $70.00 price target on Welltower and gave the company a “buy” rating in a report on Friday, January 12th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $71.62.

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About Welltower

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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