BNP Paribas Arbitrage SA Has $25.62 Million Stock Position in Welltower Inc. (NYSE:WELL)

BNP Paribas Arbitrage SA grew its position in Welltower Inc. (NYSE:WELLGet Rating) by 54.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 311,046 shares of the real estate investment trust’s stock after buying an additional 109,270 shares during the period. BNP Paribas Arbitrage SA owned 0.07% of Welltower worth $25,615,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Shell Asset Management Co. grew its stake in shares of Welltower by 5.3% during the first quarter. Shell Asset Management Co. now owns 29,812 shares of the real estate investment trust’s stock worth $2,866,000 after purchasing an additional 1,489 shares during the period. Kentucky Retirement Systems Insurance Trust Fund grew its stake in shares of Welltower by 11.0% during the first quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 12,848 shares of the real estate investment trust’s stock worth $1,235,000 after purchasing an additional 1,270 shares during the period. Prudential PLC grew its stake in shares of Welltower by 93.1% during the first quarter. Prudential PLC now owns 20,040 shares of the real estate investment trust’s stock worth $1,927,000 after purchasing an additional 9,661 shares during the period. AGF Investments LLC acquired a new stake in shares of Welltower during the first quarter worth $962,000. Finally, Los Angeles Capital Management LLC grew its stake in shares of Welltower by 50.4% during the second quarter. Los Angeles Capital Management LLC now owns 13,707 shares of the real estate investment trust’s stock worth $1,129,000 after purchasing an additional 4,596 shares during the period. 97.68% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. StockNews.com assumed coverage on Welltower in a research note on Wednesday, October 12th. They issued a “sell” rating for the company. Robert W. Baird cut Welltower from an “outperform” rating to a “neutral” rating and set a $66.00 target price for the company. in a research note on Monday, October 10th. Raymond James cut Welltower from a “strong-buy” rating to an “outperform” rating and decreased their target price for the company from $81.00 to $70.00 in a research note on Tuesday, November 1st. Credit Suisse Group decreased their target price on Welltower from $100.00 to $75.00 and set an “outperform” rating for the company in a research note on Tuesday, November 1st. Finally, Sumitomo Mitsui Financial Group cut Welltower from an “outperform” rating to a “neutral” rating and set a $84.00 target price for the company. in a research note on Thursday, August 11th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.69.

Welltower Stock Performance

Shares of Welltower stock opened at $69.35 on Thursday. The firm has a market cap of $32.77 billion, a price-to-earnings ratio of 150.76, a price-to-earnings-growth ratio of 4.37 and a beta of 0.97. The stock’s 50-day moving average is $64.01 and its 200-day moving average is $75.99. Welltower Inc. has a one year low of $56.50 and a one year high of $99.43. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.11 and a quick ratio of 2.11.

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 30th. Investors of record on Friday, November 18th will be issued a dividend of $0.61 per share. The ex-dividend date of this dividend is Thursday, November 17th. This represents a $2.44 annualized dividend and a yield of 3.52%. Welltower’s payout ratio is presently 530.45%.

About Welltower

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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.

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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