Welltower Inc (HCN) Shares Bought by Bogart Wealth LLC

Bogart Wealth LLC lifted its stake in shares of Welltower Inc (NYSE:HCN) by 5.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,374 shares of the real estate investment trust’s stock after purchasing an additional 1,478 shares during the period. Welltower accounts for 1.1% of Bogart Wealth LLC’s investment portfolio, making the stock its 19th biggest holding. Bogart Wealth LLC’s holdings in Welltower were worth $1,682,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of HCN. Spectrum Management Group Inc. purchased a new stake in shares of Welltower during the 3rd quarter worth approximately $100,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of Welltower during the 3rd quarter worth approximately $101,000. San Francisco Sentry Investment Group CA increased its stake in shares of Welltower by 1,048.5% during the 3rd quarter. San Francisco Sentry Investment Group CA now owns 1,539 shares of the real estate investment trust’s stock worth $108,000 after purchasing an additional 1,405 shares during the last quarter. Hudock Capital Group LLC increased its stake in shares of Welltower by 543.7% during the 3rd quarter. Hudock Capital Group LLC now owns 2,002 shares of the real estate investment trust’s stock worth $140,000 after purchasing an additional 1,691 shares during the last quarter. Finally, Miles Capital Inc. purchased a new stake in shares of Welltower during the 2nd quarter worth approximately $205,000. Institutional investors own 86.35% of the company’s stock.

A number of research analysts recently weighed in on HCN shares. Jefferies Group reiterated a “hold” rating and issued a $72.00 price objective on shares of Welltower in a research note on Tuesday, October 3rd. KeyCorp reiterated a “hold” rating on shares of Welltower in a research note on Tuesday, October 17th. Capital One Financial started coverage on shares of Welltower in a research note on Monday, September 25th. They issued an “equal weight” rating and a $74.00 price objective for the company. UBS Group reduced their price objective on shares of Welltower from $71.00 to $69.00 and set a “neutral” rating for the company in a research note on Monday, October 2nd. Finally, Bank of America lowered shares of Welltower to a “neutral” rating and reduced their price objective for the company from $78.00 to $77.00 in a research note on Friday, September 22nd. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. Welltower presently has a consensus rating of “Hold” and an average price target of $73.17.

In related news, Director Gary Whitelaw acquired 1,420 shares of the company’s stock in a transaction dated Tuesday, November 21st. The stock was bought at an average cost of $68.39 per share, with a total value of $97,113.80. Following the acquisition, the director now owns 1,420 shares of the company’s stock, valued at approximately $97,113.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.19% of the company’s stock.

Welltower Inc (NYSE:HCN) opened at $60.71 on Thursday. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.79. Welltower Inc has a fifty-two week low of $60.70 and a fifty-two week high of $78.17. The company has a market cap of $22,390.00, a price-to-earnings ratio of 53.25, a price-to-earnings-growth ratio of 4.13 and a beta of 0.25.

Welltower (NYSE:HCN) last posted its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.03. Welltower had a net margin of 22.67% and a return on equity of 7.45%. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the firm posted $1.16 EPS. The firm’s revenue was up 1.1% compared to the same quarter last year. equities research analysts anticipate that Welltower Inc will post 4.24 earnings per share for the current year.

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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.

Institutional Ownership by Quarter for Welltower (NYSE:HCN)

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