XTX Topco Ltd Grows Stake in Welltower Inc. (NYSE:WELL)

XTX Topco Ltd lifted its holdings in shares of Welltower Inc. (NYSE:WELL) by 132.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,135 shares of the real estate investment trust’s stock after acquiring an additional 13,767 shares during the period. XTX Topco Ltd’s holdings in Welltower were worth $2,516,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in WELL. First Foundation Advisors purchased a new stake in shares of Welltower during the 2nd quarter worth approximately $26,000. Rise Advisors LLC purchased a new stake in Welltower in the first quarter valued at $27,000. TruNorth Capital Management LLC acquired a new position in Welltower in the second quarter valued at $27,000. Meeder Asset Management Inc. purchased a new position in shares of Welltower during the second quarter worth about $30,000. Finally, Manchester Capital Management LLC increased its position in shares of Welltower by 338.7% during the first quarter. Manchester Capital Management LLC now owns 329 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 254 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on WELL. StockNews.com raised Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, August 3rd. Deutsche Bank Aktiengesellschaft increased their price objective on Welltower from $115.00 to $137.00 and gave the company a “buy” rating in a report on Wednesday, August 21st. Wedbush lifted their target price on shares of Welltower from $100.00 to $120.00 and gave the company a “neutral” rating in a report on Monday, August 5th. Royal Bank of Canada raised their price objective on shares of Welltower from $101.00 to $114.00 and gave the stock a “sector perform” rating in a research report on Friday, August 9th. Finally, Morgan Stanley lifted their price objective on shares of Welltower from $103.00 to $107.50 and gave the company an “overweight” rating in a research note on Thursday, July 11th. Four investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and a consensus target price of $112.38.

Welltower Trading Up 0.2 %

NYSE WELL opened at $127.66 on Thursday. The company has a quick ratio of 4.07, a current ratio of 4.07 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $76.33 billion, a P/E ratio of 157.60, a P/E/G ratio of 2.97 and a beta of 1.21. Welltower Inc. has a 52-week low of $78.38 and a 52-week high of $131.31. The firm has a 50-day moving average price of $116.70 and a 200 day moving average price of $104.22.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, July 29th. The real estate investment trust reported $0.42 EPS for the quarter, beating the consensus estimate of $0.34 by $0.08. The business had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.89 billion. Welltower had a return on equity of 2.21% and a net margin of 8.36%. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period last year, the firm earned $0.90 EPS. Equities research analysts expect that Welltower Inc. will post 4.19 EPS for the current year.

Welltower Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Monday, August 12th were paid a dividend of $0.67 per share. The ex-dividend date was Monday, August 12th. This is a boost from Welltower’s previous quarterly dividend of $0.61. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.10%. Welltower’s dividend payout ratio is 330.86%.

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.