Inspire Investing LLC Has $10.57 Million Stake in Welltower Inc. $WELL

Inspire Investing LLC raised its holdings in shares of Welltower Inc. (NYSE:WELL) by 16.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,748 shares of the real estate investment trust’s stock after purchasing an additional 9,686 shares during the period. Welltower accounts for about 1.2% of Inspire Investing LLC’s holdings, making the stock its 10th largest holding. Inspire Investing LLC’s holdings in Welltower were worth $10,569,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Aberdeen Group plc grew its stake in shares of Welltower by 5.4% in the 2nd quarter. Aberdeen Group plc now owns 1,579,011 shares of the real estate investment trust’s stock worth $239,362,000 after buying an additional 81,540 shares during the last quarter. PDS Planning Inc raised its holdings in Welltower by 15.4% during the second quarter. PDS Planning Inc now owns 4,267 shares of the real estate investment trust’s stock valued at $656,000 after acquiring an additional 568 shares during the period. Blue Trust Inc. raised its holdings in Welltower by 75.5% during the second quarter. Blue Trust Inc. now owns 3,083 shares of the real estate investment trust’s stock valued at $474,000 after acquiring an additional 1,326 shares during the period. Cardano Risk Management B.V. grew its position in shares of Welltower by 27.1% during the second quarter. Cardano Risk Management B.V. now owns 837,165 shares of the real estate investment trust’s stock valued at $128,697,000 after purchasing an additional 178,402 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI grew its position in shares of Welltower by 1.3% during the second quarter. Commerzbank Aktiengesellschaft FI now owns 5,789 shares of the real estate investment trust’s stock valued at $890,000 after purchasing an additional 77 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on WELL. Weiss Ratings restated a “buy (b)” rating on shares of Welltower in a research report on Wednesday. Cantor Fitzgerald began coverage on Welltower in a research report on Wednesday, October 1st. They set an “overweight” rating and a $195.00 price target on the stock. KeyCorp raised their price target on shares of Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, September 23rd. Wells Fargo & Company raised their target price on shares of Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $180.69.

Welltower Stock Performance

Welltower stock opened at $165.84 on Friday. The stock’s 50-day moving average is $168.59 and its 200-day moving average is $157.38. The company has a market cap of $110.92 billion, a price-to-earnings ratio of 93.70, a price-to-earnings-growth ratio of 1.89 and a beta of 0.92. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $180.40.

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

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were issued a $0.74 dividend. This is a boost from Welltower’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $2.96 annualized dividend and a dividend yield of 1.8%. Welltower’s dividend payout ratio (DPR) is presently 167.23%.

Welltower 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.