Natixis Advisors L.P. Has $20.87 Million Position in Welltower Inc. (NYSE:WELL)

Natixis Advisors L.P. increased its holdings in Welltower Inc. (NYSE:WELL) by 12.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 231,424 shares of the real estate investment trust’s stock after buying an additional 25,395 shares during the quarter. Natixis Advisors L.P.’s holdings in Welltower were worth $20,867,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC increased its holdings in Welltower by 1.9% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 6,372 shares of the real estate investment trust’s stock valued at $522,000 after purchasing an additional 119 shares in the last quarter. Profund Advisors LLC increased its stake in Welltower by 1.6% during the 3rd quarter. Profund Advisors LLC now owns 7,632 shares of the real estate investment trust’s stock worth $625,000 after purchasing an additional 120 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in shares of Welltower by 21.2% during the fourth quarter. First Horizon Advisors Inc. now owns 691 shares of the real estate investment trust’s stock worth $62,000 after acquiring an additional 121 shares during the period. Private Advisor Group LLC raised its stake in shares of Welltower by 0.5% in the 3rd quarter. Private Advisor Group LLC now owns 25,167 shares of the real estate investment trust’s stock valued at $2,062,000 after purchasing an additional 127 shares during the period. Finally, Stiles Financial Services Inc lifted its stake in Welltower by 1.7% in the 3rd quarter. Stiles Financial Services Inc now owns 7,906 shares of the real estate investment trust’s stock valued at $648,000 after acquiring an additional 135 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Down 0.3 %

Shares of NYSE:WELL opened at $95.81 on Monday. Welltower Inc. has a 12-month low of $72.47 and a 12-month high of $98.19. The business has a 50 day moving average of $92.26 and a 200-day moving average of $89.81. The company has a quick ratio of 3.83, a current ratio of 3.83 and a debt-to-equity ratio of 0.50. The stock has a market cap of $57.29 billion, a PE ratio of 118.28, a P/E/G ratio of 2.42 and a beta of 1.07.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Monday, April 29th. The real estate investment trust reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.72). The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.81 billion. Welltower had a net margin of 6.37% and a return on equity of 1.77%. The business’s quarterly revenue was up 19.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.85 earnings per share. As a group, equities research analysts forecast that Welltower Inc. will post 4.06 earnings per share for the current year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Monday, May 13th will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 2.55%. The ex-dividend date is Friday, May 10th. Welltower’s dividend payout ratio is currently 301.23%.

Wall Street Analysts Forecast Growth

WELL has been the subject of several recent research reports. StockNews.com cut shares of Welltower from a “hold” rating to a “sell” rating in a report on Friday, March 29th. Deutsche Bank Aktiengesellschaft started coverage on Welltower in a report on Tuesday, January 30th. They issued a “buy” rating and a $115.00 price objective for the company. BNP Paribas began coverage on Welltower in a report on Monday, March 18th. They set an “outperform” rating and a $104.00 target price on the stock. Finally, Scotiabank decreased their price target on Welltower from $97.00 to $96.00 and set a “sector outperform” rating for the company in a research note on Monday, March 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and a consensus price target of $95.57.

Welltower Profile

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.