US Bancorp DE Increases Position in Welltower Inc (NYSE:WELL)

US Bancorp DE grew its stake in Welltower Inc (NYSE:WELL) by 1.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 74,499 shares of the real estate investment trust’s stock after acquiring an additional 1,285 shares during the quarter. US Bancorp DE’s holdings in Welltower were worth $6,074,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. American Century Companies Inc. grew its stake in Welltower by 154.5% during the 1st quarter. American Century Companies Inc. now owns 3,020,615 shares of the real estate investment trust’s stock worth $234,400,000 after buying an additional 1,833,933 shares during the last quarter. BlackRock Inc. grew its stake in Welltower by 3.7% during the 1st quarter. BlackRock Inc. now owns 39,917,986 shares of the real estate investment trust’s stock worth $3,097,636,000 after buying an additional 1,414,802 shares during the last quarter. Principal Financial Group Inc. grew its stake in Welltower by 13.4% during the 1st quarter. Principal Financial Group Inc. now owns 8,719,318 shares of the real estate investment trust’s stock worth $676,620,000 after buying an additional 1,032,562 shares during the last quarter. Geode Capital Management LLC grew its stake in Welltower by 12.2% during the 4th quarter. Geode Capital Management LLC now owns 6,232,214 shares of the real estate investment trust’s stock worth $432,262,000 after buying an additional 679,707 shares during the last quarter. Finally, Northern Trust Corp grew its stake in Welltower by 9.4% during the 2nd quarter. Northern Trust Corp now owns 6,977,088 shares of the real estate investment trust’s stock worth $568,842,000 after buying an additional 596,955 shares during the last quarter. Institutional investors and hedge funds own 89.27% of the company’s stock.

NYSE WELL traded down $1.05 during trading hours on Wednesday, reaching $88.25. The company’s stock had a trading volume of 80,552 shares, compared to its average volume of 1,909,803. The firm has a market capitalization of $36.07 billion, a price-to-earnings ratio of 21.87, a P/E/G ratio of 4.44 and a beta of 0.24. Welltower Inc has a 1-year low of $60.93 and a 1-year high of $92.50. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.73 and a quick ratio of 1.73. The company’s 50-day moving average is $87.94 and its two-hundred day moving average is $81.42.



Welltower (NYSE:WELL) last released its quarterly earnings results on Wednesday, July 31st. The real estate investment trust reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.70). The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. Welltower had a return on equity of 4.62% and a net margin of 11.98%. The business’s revenue for the quarter was up 17.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.00 EPS. Equities analysts forecast that Welltower Inc will post 4.16 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 22nd. Investors of record on Thursday, August 15th were issued a $0.87 dividend. The ex-dividend date was Wednesday, August 14th. This represents a $3.48 dividend on an annualized basis and a yield of 3.94%. Welltower’s payout ratio is 86.35%.

Several research analysts recently weighed in on the company. BMO Capital Markets restated a “buy” rating and set a $86.00 target price on shares of Welltower in a research note on Monday, August 5th. Scotiabank set a $80.00 price target on Welltower and gave the stock a “hold” rating in a research report on Friday, June 14th. Morgan Stanley lifted their price target on Welltower from $91.00 to $95.00 and gave the stock an “overweight” rating in a research report on Tuesday. Stifel Nicolaus lifted their price target on Welltower from $87.00 to $93.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Finally, Wood & Company reaffirmed an “average” rating on shares of Welltower in a research report on Thursday, August 22nd. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $80.75.

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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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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