Chilton Capital Management LLC Has $17.07 Million Stock Holdings in Welltower Inc. (NYSE:WELL)

Chilton Capital Management LLC decreased its position in shares of Welltower Inc. (NYSE:WELL) by 23.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,418 shares of the real estate investment trust’s stock after selling 33,209 shares during the period. Chilton Capital Management LLC’s holdings in Welltower were worth $17,070,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Geller Advisors LLC boosted its position in Welltower by 3.7% in the fourth quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust’s stock valued at $241,000 after buying an additional 69 shares in the last quarter. Good Life Advisors LLC boosted its position in Welltower by 1.2% in the first quarter. Good Life Advisors LLC now owns 5,744 shares of the real estate investment trust’s stock valued at $880,000 after buying an additional 69 shares in the last quarter. Sivia Capital Partners LLC boosted its position in Welltower by 4.3% in the first quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust’s stock valued at $273,000 after buying an additional 73 shares in the last quarter. Premier Path Wealth Partners LLC boosted its position in Welltower by 1.8% in the first quarter. Premier Path Wealth Partners LLC now owns 4,427 shares of the real estate investment trust’s stock valued at $678,000 after buying an additional 77 shares in the last quarter. Finally, CVA Family Office LLC boosted its position in Welltower by 12.3% in the first quarter. CVA Family Office LLC now owns 733 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 80 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Insiders Place Their Bets

In other news, Director Andrew Gundlach bought 20,000 shares of the stock in a transaction that occurred on Monday, June 30th. The stock was acquired at an average price of $151.46 per share, with a total value of $3,029,200.00. Following the completion of the purchase, the director directly owned 20,000 shares of the company’s stock, valued at approximately $3,029,200. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 0.21% of the stock is owned by corporate insiders.

Analyst Ratings Changes

WELL has been the topic of a number of research analyst reports. Scotiabank restated an “outperform” rating on shares of Welltower in a research report on Monday, June 23rd. Morgan Stanley raised their target price on shares of Welltower from $155.00 to $160.00 and gave the company an “overweight” rating in a research report on Tuesday, May 6th. Wells Fargo & Company raised their target price on shares of Welltower from $158.00 to $175.00 and gave the company an “overweight” rating in a research report on Monday, June 2nd. Wall Street Zen lowered shares of Welltower from a “hold” rating to a “sell” rating in a research report on Thursday, May 8th. Finally, Mizuho raised their target price on shares of Welltower from $141.00 to $170.00 and gave the company an “outperform” rating in a research report on Tuesday, March 18th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $168.18.

Welltower Price Performance

Shares of NYSE:WELL opened at $152.77 on Friday. The firm has a market cap of $99.90 billion, a PE ratio of 87.80, a price-to-earnings-growth ratio of 1.78 and a beta of 0.92. The firm’s fifty day moving average is $151.06 and its 200-day moving average is $144.53. The company has a debt-to-equity ratio of 0.46, a quick ratio of 4.23 and a current ratio of 4.23. Welltower Inc. has a 52 week low of $102.92 and a 52 week high of $158.55.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.05. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. Welltower had a net margin of 12.65% and a return on equity of 3.41%. Welltower’s revenue was up 30.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.01 earnings per share. Sell-side analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend was Wednesday, May 14th. Welltower’s dividend payout ratio is presently 154.02%.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower 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.