Cornerstone Capital Management Holdings LLC. decreased its position in Welltower Inc. (NYSE:HCN) by 5.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 301,252 shares of the real estate investment trust’s stock after selling 17,683 shares during the quarter. Cornerstone Capital Management Holdings LLC. owned 0.08% of Welltower worth $22,547,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Welltower by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 52,544,776 shares of the real estate investment trust’s stock worth $3,932,976,000 after acquiring an additional 319,528 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Welltower by 1.0% in the 2nd quarter. Principal Financial Group Inc. now owns 6,554,573 shares of the real estate investment trust’s stock worth $490,611,000 after acquiring an additional 62,933 shares in the last quarter. Cbre Clarion Securities LLC grew its position in shares of Welltower by 8.3% in the 2nd quarter. Cbre Clarion Securities LLC now owns 6,401,420 shares of the real estate investment trust’s stock worth $479,146,000 after acquiring an additional 492,882 shares in the last quarter. Northern Trust Corp grew its position in shares of Welltower by 7.4% in the 2nd quarter. Northern Trust Corp now owns 6,122,277 shares of the real estate investment trust’s stock worth $458,253,000 after acquiring an additional 424,319 shares in the last quarter. Finally, Epoch Investment Partners Inc. grew its position in shares of Welltower by 15.7% in the 1st quarter. Epoch Investment Partners Inc. now owns 5,633,662 shares of the real estate investment trust’s stock worth $398,975,000 after acquiring an additional 766,140 shares in the last quarter. Institutional investors own 85.90% of the company’s stock.

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HCN has been the subject of several research reports. BidaskClub upgraded Welltower from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Capital One Financial Corporation initiated coverage on Welltower in a research report on Monday, September 25th. They issued an “equal weight” rating and a $74.00 target price for the company. Royal Bank Of Canada reiterated a “hold” rating and issued a $74.00 target price on shares of Welltower in a research report on Wednesday, September 6th. Jefferies Group LLC restated a “hold” rating and set a $72.00 price objective on shares of Welltower in a research report on Tuesday. Finally, UBS AG reduced their price objective on Welltower from $71.00 to $69.00 and set a “neutral” rating for the company in a research report on Monday. Three analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $72.43.

Welltower Inc. (NYSE:HCN) traded down 0.61% on Friday, reaching $68.10. The company had a trading volume of 487,847 shares. The stock has a market capitalization of $25.12 billion, a price-to-earnings ratio of 21.21 and a beta of 0.24. The firm has a 50 day moving average price of $72.16 and a 200-day moving average price of $72.57. Welltower Inc. has a 12 month low of $59.39 and a 12 month high of $78.17.

Welltower (NYSE:HCN) last issued its quarterly earnings data on Friday, July 28th. The real estate investment trust reported $1.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.05 by $0.01. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. Welltower had a return on equity of 8.74% and a net margin of 28.94%. During the same quarter last year, the business posted $0.54 EPS. Analysts forecast that Welltower Inc. will post $2.30 earnings per share for the current fiscal year.

Welltower Company Profile

Welltower Inc invests with seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure. The Company invests in seniors housing and healthcare real estate. It operates in three segments: triple-net, seniors housing operating and outpatient medical. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities, and outpatient medical properties.

Institutional Ownership by Quarter for Welltower (NYSE:HCN)

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