XML Financial LLC Sells 456 Shares of Welltower Inc. (NYSE:WELL)

XML Financial LLC decreased its holdings in Welltower Inc. (NYSE:WELLFree Report) by 25.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,334 shares of the real estate investment trust’s stock after selling 456 shares during the period. XML Financial LLC’s holdings in Welltower were worth $204,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Harbor Capital Advisors Inc. bought a new position in Welltower in the first quarter worth approximately $28,000. Franchise Capital Ltd purchased a new position in Welltower in the first quarter worth $32,000. Capital Advisors Ltd. LLC grew its holdings in Welltower by 57.2% in the first quarter. Capital Advisors Ltd. LLC now owns 294 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 107 shares during the last quarter. First Command Advisory Services Inc. purchased a new position in Welltower in the fourth quarter worth $50,000. Finally, Cape Investment Advisory Inc. purchased a new position in Welltower in the fourth quarter worth $53,000. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on WELL shares. Royal Bank Of Canada raised shares of Welltower from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from $146.00 to $168.00 in a report on Friday, February 28th. Morgan Stanley lifted their price target on shares of Welltower from $155.00 to $160.00 and gave the stock an “overweight” rating in a report on Tuesday, May 6th. Scotiabank lifted their price target on shares of Welltower from $170.00 to $172.00 and gave the stock a “sector outperform” rating in a report on Monday. Wedbush reaffirmed an “underperform” rating on shares of Welltower in a report on Thursday, April 17th. Finally, Wells Fargo & Company lifted their price target on shares of Welltower from $158.00 to $175.00 and gave the stock an “overweight” rating in a report on Monday, June 2nd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and an average price target of $163.75.

View Our Latest Analysis on WELL

Welltower Price Performance

Shares of WELL opened at $154.38 on Wednesday. The firm has a market capitalization of $100.96 billion, a PE ratio of 88.72, a price-to-earnings-growth ratio of 1.79 and a beta of 0.94. The company’s fifty day moving average price is $150.11 and its 200-day moving average price is $143.20. Welltower Inc. has a 1-year low of $100.13 and a 1-year high of $158.55. The company has a debt-to-equity ratio of 0.46, a current ratio of 4.23 and a quick ratio of 4.23.

Welltower (NYSE:WELLGet Free Report) last posted its earnings results on Monday, April 28th. The real estate investment trust reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.05. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.40 billion. Welltower had a net margin of 12.65% and a return on equity of 3.41%. The firm’s quarterly revenue was up 30.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.01 earnings per share. On average, equities research analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $2.68 dividend on an annualized basis and a yield of 1.74%. Welltower’s dividend payout ratio is presently 154.02%.

About Welltower

(Free Report)

Welltower Inc (NYSE:WELL), a real estate investment trust (“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 infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.

Further Reading

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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