Traders purchased shares of Welltower Inc. (NYSE:HCN) on weakness during trading on Friday. $32.45 million flowed into the stock on the tick-up and $16.46 million flowed out of the stock on the tick-down, for a money net flow of $15.99 million into the stock. Of all equities tracked, Welltower had the 18th highest net in-flow for the day. Welltower traded down ($0.47) for the day and closed at $76.38

A number of research firms have recently weighed in on HCN. Wells Fargo & Co. reissued a “buy” rating on shares of Welltower in a report on Tuesday, May 3rd. BMO Capital Markets reissued a “sell” rating on shares of Welltower in a report on Tuesday, May 3rd. Canaccord Genuity reiterated a “buy” rating and issued a $79.00 target price on shares of Welltower in a research note on Wednesday, May 4th. Stifel Nicolaus upped their target price on Welltower from $73.00 to $76.00 and gave the company a “buy” rating in a research note on Wednesday, May 4th. Finally, RBC Capital Markets reiterated a “sector perform” rating and issued a $77.00 target price (up from $72.00) on shares of Welltower in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $70.56.

The company has a market capitalization of $27.24 billion and a P/E ratio of 41.33. The firm has a 50 day moving average of $76.28 and a 200 day moving average of $69.49.

Welltower (NYSE:HCN) last released its quarterly earnings data on Tuesday, August 2nd. The real estate investment trust reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.01. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.04 billion. The business’s revenue was up 12.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.09 earnings per share. On average, analysts expect that Welltower Inc. will post $4.57 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 22nd. Stockholders of record on Tuesday, August 9th will be given a $0.86 dividend. The ex-dividend date is Friday, August 5th. This represents a $3.44 annualized dividend and a dividend yield of 4.50%.

In other news, EVP Erin C. Ibele sold 2,500 shares of the firm’s stock in a transaction on Tuesday, May 17th. The stock was sold at an average price of $72.10, for a total value of $180,250.00. Following the completion of the sale, the executive vice president now owns 65,211 shares of the company’s stock, valued at $4,701,713.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Scott A. Estes sold 14,790 shares of the firm’s stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $70.48, for a total value of $1,042,399.20. Following the completion of the sale, the chief financial officer now directly owns 144,724 shares of the company’s stock, valued at approximately $10,200,147.52. The disclosure for this sale can be found here.

Other hedge funds have modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of Welltower by 2.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,487,835 shares of the real estate investment trust’s stock valued at $305,309,000 after buying an additional 95,844 shares during the period. Morningstar Investment Services LLC boosted its stake in shares of Welltower by 11.1% in the fourth quarter. Morningstar Investment Services LLC now owns 427,760 shares of the real estate investment trust’s stock valued at $29,100,000 after buying an additional 42,844 shares during the period. Bank of Montreal Can boosted its stake in shares of Welltower by 31.7% in the fourth quarter. Bank of Montreal Can now owns 270,471 shares of the real estate investment trust’s stock valued at $18,399,000 after buying an additional 65,038 shares during the period. State of New Jersey Common Pension Fund D boosted its stake in shares of Welltower by 26.1% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 265,500 shares of the real estate investment trust’s stock valued at $18,062,000 after buying an additional 55,000 shares during the period. Finally, Advisors Asset Management Inc. boosted its stake in shares of Welltower by 0.3% in the fourth quarter. Advisors Asset Management Inc. now owns 160,689 shares of the real estate investment trust’s stock valued at $10,932,000 after buying an additional 466 shares during the period.

Welltower Inc, formerly Health Care REIT, Inc, is a provider of healthcare infrastructure. The Company operates through three segments: triple-net, which includes independent living facilities, independent supportive living facilities (Canada), continuing care retirement communities, assisted living facilities, care homes with and without nursing (United Kingdom), Alzheimer’s/dementia care facilities, long-term/post-acute care facilities and hospitals; seniors housing operating, which includes a range of facility types, including independent living facilities and independent supportive living facilities, assisted living facilities, care homes and Alzheimer’s/dementia care facilities, and outpatient medical, which includes outpatient medical buildings.

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