The Welltower Inc (HCN) Stake Reduced by Texas Yale Capital Corp.

The Welltower Inc (HCN) Stake Reduced by Texas Yale Capital Corp.

Several other large investors also recently bought and sold shares of HCN. Duncker Streett & Co. Inc. raised its stake in Welltower by 47.6% in the first quarter. Duncker Streett & Co. Inc. now owns 1,584 shares of the real estate investment trust’s stock worth $112,000 after buying an additional 511 shares during the period. Advantage Investment Management LLC acquired a new stake in shares of Welltower during the fourth quarter worth $110,000. Ledyard National Bank raised its stake in shares of Welltower by 42.7% in the first quarter. Ledyard National Bank now owns 1,820 shares of the real estate investment trust’s stock worth $129,000 after buying an additional 545 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Welltower during the first quarter worth $129,000. Finally, Bessemer Group Inc. raised its stake in shares of Welltower by 328.0% in the fourth quarter. Bessemer Group Inc. now owns 2,174 shares of the real estate investment trust’s stock worth $145,000 after buying an additional 1,666 shares during the period. Institutional investors and hedge funds own 84.96% of the company’s stock.

Texas Yale Capital Corp. cut its position in shares of Welltower Inc (NYSE:HCN) by 4.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,394 shares of the real estate investment trust’s stock after selling 1,094 shares during the period. Texas Yale Capital Corp.’s holdings in Welltower were worth $1,728,000 as of its most recent SEC filing.

Welltower Inc (HCN) opened at 73.79 on Monday. The firm has a market capitalization of $27.02 billion, a PE ratio of 22.73 and a beta of 0.19. The company has a 50 day moving average price of $72.14 and a 200-day moving average price of $68.17. Welltower Inc has a one year low of $59.39 and a one year high of $80.19.

Welltower (NYSE:HCN) last released its earnings results on Friday, May 5th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.05. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. Welltower had a net margin of 20.74% and a return on equity of 6.37%. Welltower’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 earnings per share. On average, equities analysts predict that Welltower Inc will post $2.12 EPS for the current year. The company also recently announced a quarterly dividend, which was paid on Monday, May 22nd. Investors of record on Tuesday, May 9th were issued a $0.87 dividend. The ex-dividend date was Friday, May 5th. This represents a $3.48 annualized dividend and a yield of 4.72%. Welltower’s payout ratio is 153.98%.

Welltower (NYSE:HCN) last released its earnings results on Friday, May 5th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.05. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. Welltower had a net margin of 20.74% and a return on equity of 6.37%. Welltower’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 earnings per share. On average, equities analysts predict that Welltower Inc will post $2.12 EPS for the current year. A number of equities research analysts have weighed in on HCN shares. Stifel Nicolaus raised their price objective on Welltower from $69.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, February 23rd. Canaccord Genuity reiterated a “buy” rating and issued a $86.00 target price on shares of Welltower in a research report on Monday, May 15th. Royal Bank of Canada reiterated a “hold” rating and issued a $72.00 target price on shares of Welltower in a research report on Wednesday, May 3rd. Zacks Investment Research upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, March 29th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $65.00 target price on shares of Welltower in a research report on Friday, May 12th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $73.31.

In related news, insider Paul D. Nungester, Jr. sold 6,452 shares of the business’s stock in a transaction on Tuesday, March 28th. The shares were sold at an average price of $70.26, for a total value of $453,317.52. Following the transaction, the insider now owns 33,795 shares in the company, valued at $2,374,436.70. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Fred S. Klipsch sold 2,606 shares of the business’s stock in a transaction on Wednesday, March 8th. The shares were sold at an average price of $67.14, for a total transaction of $174,966.84. The disclosure for this sale can be found here. 0.29% of the stock is owned by insiders. About Welltower

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “HCN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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