Cypress Capital Group boosted its holdings in Welltower Inc (NYSE:WELL) by 5.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 15,950 shares of the real estate investment trust’s stock after buying an additional 890 shares during the period. Cypress Capital Group’s holdings in Welltower were worth $1,447,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Vanguard Group Inc. boosted its stake in Welltower by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 51,909,429 shares of the real estate investment trust’s stock worth $4,232,177,000 after buying an additional 1,565,217 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Welltower by 3.2% in the 2nd quarter. BlackRock Inc. now owns 41,193,851 shares of the real estate investment trust’s stock valued at $3,358,533,000 after purchasing an additional 1,275,865 shares in the last quarter. Cohen & Steers Inc. lifted its stake in shares of Welltower by 2.1% in the 2nd quarter. Cohen & Steers Inc. now owns 26,084,911 shares of the real estate investment trust’s stock valued at $2,126,703,000 after purchasing an additional 548,699 shares in the last quarter. FMR LLC lifted its stake in shares of Welltower by 4.1% in the 1st quarter. FMR LLC now owns 9,139,695 shares of the real estate investment trust’s stock valued at $709,239,000 after purchasing an additional 363,724 shares in the last quarter. Finally, Daiwa Securities Group Inc. lifted its stake in shares of Welltower by 0.7% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,231,821 shares of the real estate investment trust’s stock valued at $589,611,000 after purchasing an additional 47,340 shares in the last quarter. 89.26% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently weighed in on the company. ValuEngine lowered Welltower from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Scotiabank set a $80.00 price objective on Welltower and gave the company a “hold” rating in a research note on Friday, June 14th. Barclays lowered Welltower from an “overweight” rating to an “equal weight” rating and lifted their price objective for the company from $88.00 to $93.00 in a research note on Tuesday, October 1st. They noted that the move was a valuation call. Stifel Nicolaus lifted their price objective on Welltower from $87.00 to $93.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Finally, Morgan Stanley lifted their price objective on Welltower from $91.00 to $95.00 and gave the company an “overweight” rating in a research note on Tuesday, September 17th. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Welltower presently has a consensus rating of “Hold” and a consensus target price of $81.77.

Shares of NYSE:WELL traded up $0.25 during mid-day trading on Thursday, hitting $91.60. 1,428,680 shares of the company traded hands, compared to its average volume of 1,991,005. The firm has a market cap of $36.73 billion, a P/E ratio of 22.73, a PEG ratio of 5.54 and a beta of 0.21. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.73 and a current ratio of 1.73. Welltower Inc has a 52-week low of $60.93 and a 52-week high of $92.50. The firm’s 50 day simple moving average is $89.56 and its 200 day simple moving average is $83.02.

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

Welltower 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.

Featured Article: How do CD ladders protect against rising interest rates?

Want to see what other hedge funds are holding WELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Welltower Inc (NYSE:WELL).

Institutional Ownership by Quarter for Welltower (NYSE:WELL)

Receive News & Ratings for Welltower Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Welltower and related companies with MarketBeat.com's FREE daily email newsletter.