UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $1.25 Billion Stock Position in Welltower Inc. $WELL

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Welltower Inc. (NYSE:WELL) by 7.0% in the 1st quarter, HoldingsChannel reports. The fund owned 8,164,840 shares of the real estate investment trust’s stock after purchasing an additional 532,135 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC’s holdings in Welltower were worth $1,250,935,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Woodline Partners LP raised its holdings in Welltower by 45.1% in the 1st quarter. Woodline Partners LP now owns 51,324 shares of the real estate investment trust’s stock valued at $7,863,000 after acquiring an additional 15,947 shares in the last quarter. Zurich Insurance Group Ltd FI acquired a new position in Welltower in the 1st quarter valued at approximately $95,385,000. Empowered Funds LLC raised its holdings in Welltower by 31.7% in the 1st quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock valued at $2,266,000 after acquiring an additional 3,564 shares in the last quarter. MBB Public Markets I LLC acquired a new position in Welltower in the 1st quarter valued at approximately $330,000. Finally, Ascent Group LLC acquired a new position in shares of Welltower in the 1st quarter worth approximately $4,012,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

WELL has been the subject of a number of recent research reports. Wells Fargo & Company increased their target price on Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. Evercore ISI increased their price target on Welltower from $162.00 to $175.00 and gave the stock an “in-line” rating in a research report on Wednesday, July 30th. Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Finally, Scotiabank increased their price target on Welltower from $172.00 to $181.00 and gave the stock an “outperform” rating in a research report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $175.00.

Insider Activity

In related news, Director Andrew Gundlach purchased 20,000 shares of Welltower stock in a transaction dated Monday, June 30th. The shares were acquired at an average cost of $151.46 per share, for a total transaction of $3,029,200.00. Following the transaction, the director directly owned 20,000 shares of the company’s stock, valued at approximately $3,029,200. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.21% of the stock is owned by corporate insiders.

Welltower Stock Up 1.1%

Shares of WELL opened at $169.59 on Tuesday. The firm has a market capitalization of $113.43 billion, a price-to-earnings ratio of 95.81, a PEG ratio of 1.89 and a beta of 0.93. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19. The business’s fifty day moving average price is $162.46 and its two-hundred day moving average price is $153.99. Welltower Inc. has a 52 week low of $122.34 and a 52 week high of $171.09.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.06. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.49 billion. During the same period last year, the company earned $1.05 EPS. The firm’s revenue was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were given a $0.74 dividend. The ex-dividend date was Tuesday, August 12th. This represents a $2.96 annualized dividend and a dividend yield of 1.7%. This is an increase from Welltower’s previous quarterly dividend of $0.67. Welltower’s dividend payout ratio is 167.23%.

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.