Achmea Investment Management B.V. decreased its holdings in Welltower Inc. (NYSE:HCN) by 11.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,368 shares of the real estate investment trust’s stock after selling 3,801 shares during the quarter. Achmea Investment Management B.V.’s holdings in Welltower were worth $2,272,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Welltower by 0.6% in the second quarter. Vanguard Group Inc. now owns 52,544,776 shares of the real estate investment trust’s stock worth $3,932,976,000 after purchasing an additional 319,528 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Welltower by 1.0% in the second quarter. Principal Financial Group Inc. now owns 6,554,573 shares of the real estate investment trust’s stock worth $490,611,000 after purchasing an additional 62,933 shares during the last quarter. Cbre Clarion Securities LLC grew its stake in shares of Welltower by 8.3% in the second quarter. Cbre Clarion Securities LLC now owns 6,401,420 shares of the real estate investment trust’s stock worth $479,146,000 after purchasing an additional 492,882 shares during the last quarter. Northern Trust Corp grew its stake in shares of Welltower by 7.4% in the second quarter. Northern Trust Corp now owns 6,122,277 shares of the real estate investment trust’s stock worth $458,253,000 after purchasing an additional 424,319 shares during the last quarter. Finally, Epoch Investment Partners Inc. grew its stake in shares of Welltower by 15.7% in the first quarter. Epoch Investment Partners Inc. now owns 5,633,662 shares of the real estate investment trust’s stock worth $398,975,000 after purchasing an additional 766,140 shares during the last quarter. 85.77% of the stock is currently owned by institutional investors.

Welltower Inc. (NYSE:HCN) opened at 68.17 on Monday. The firm has a market cap of $25.15 billion, a price-to-earnings ratio of 21.23 and a beta of 0.24. The stock’s 50 day moving average is $71.05 and its 200 day moving average is $72.44. Welltower Inc. has a one year low of $59.39 and a one year high of $78.17.

Welltower (NYSE:HCN) last posted its earnings results 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. Welltower had a net margin of 28.94% and a return on equity of 8.74%. The firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same period last year, the company posted $0.54 EPS. On average, analysts predict that Welltower Inc. will post $2.31 earnings per share for the current fiscal year.

Several analysts recently weighed in on the stock. BMO Capital Markets reissued a “sell” rating and issued a $68.00 price objective on shares of Welltower in a research note on Friday, July 28th. BidaskClub cut shares of Welltower from a “buy” rating to a “hold” rating in a research note on Friday, June 30th. Mizuho reissued a “neutral” rating on shares of Welltower in a research note on Wednesday, June 28th. Royal Bank Of Canada reissued a “hold” rating and issued a $74.00 price objective on shares of Welltower in a research note on Tuesday, October 10th. Finally, UBS AG reduced their price objective on shares of Welltower from $71.00 to $69.00 and set a “neutral” rating on the stock in a research note on Monday, October 2nd. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $72.43.

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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.

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Institutional Ownership by Quarter for Welltower (NYSE:HCN)

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