Welltower Inc (NYSE:WELL) CEO Thomas J. Derosa sold 19,307 shares of the company’s stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $77.90, for a total value of $1,504,015.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of NYSE:WELL traded up $1.59 during midday trading on Thursday, reaching $79.67. 605,274 shares of the company’s stock traded hands, compared to its average volume of 2,113,796. Welltower Inc has a 1 year low of $53.53 and a 1 year high of $79.41. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.84 and a quick ratio of 1.84. The firm has a market capitalization of $31.46 billion, a price-to-earnings ratio of 19.77, a price-to-earnings-growth ratio of 3.27 and a beta of 0.43.

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

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Investors of record on Tuesday, May 14th will be paid a $0.87 dividend. This represents a $3.48 annualized dividend and a yield of 4.37%. The ex-dividend date of this dividend is Monday, May 13th. Welltower’s dividend payout ratio is currently 86.35%.

A number of hedge funds and other institutional investors have recently bought and sold shares of WELL. Kore Private Wealth LLC acquired a new stake in shares of Welltower in the 1st quarter worth $129,000. Kiwi Wealth Investments Limited Partnership increased its stake in shares of Welltower by 21.2% in the 1st quarter. Kiwi Wealth Investments Limited Partnership now owns 133,064 shares of the real estate investment trust’s stock worth $10,326,000 after acquiring an additional 23,274 shares during the last quarter. IHT Wealth Management LLC acquired a new stake in shares of Welltower in the 1st quarter worth $491,000. Zimmer Partners LP acquired a new stake in shares of Welltower in the 1st quarter worth $313,116,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in shares of Welltower in the 1st quarter worth $605,000. 84.94% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have commented on the company. BMO Capital Markets upgraded Welltower from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $73.00 to $86.00 in a research report on Tuesday, May 7th. Deutsche Bank upped their price objective on Welltower from $61.00 to $71.00 and gave the stock a “hold” rating in a research report on Friday, March 29th. Morgan Stanley upped their price objective on Welltower from $77.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, March 28th. Raymond James increased their target price on Welltower from $75.00 to $78.00 and gave the company an “outperform” rating in a research report on Tuesday, February 26th. They noted that the move was a valuation call. Finally, Royal Bank of Canada increased their target price on Welltower to $76.00 and gave the company a “sector perform” rating in a research report on Thursday, February 21st. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $73.29.

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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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