Savant Capital LLC Has $1.63 Million Position in Welltower Inc. $WELL

Savant Capital LLC boosted its position in shares of Welltower Inc. (NYSE:WELL) by 8.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 10,609 shares of the real estate investment trust’s stock after purchasing an additional 802 shares during the quarter. Savant Capital LLC’s holdings in Welltower were worth $1,631,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. SouthState Corp lifted its stake in shares of Welltower by 704.8% during the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 148 shares during the period. Wealth Preservation Advisors LLC bought a new stake in Welltower during the 1st quarter worth about $27,000. N.E.W. Advisory Services LLC bought a new stake in Welltower during the 1st quarter worth about $32,000. WPG Advisers LLC acquired a new position in Welltower during the 1st quarter valued at about $34,000. Finally, Saudi Central Bank bought a new position in shares of Welltower in the 1st quarter valued at about $38,000. 94.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on WELL shares. Weiss Ratings reissued a “buy (b)” rating on shares of Welltower in a research note on Wednesday, October 8th. Evercore ISI boosted their price objective on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a report on Monday, September 15th. UBS Group set a $203.00 target price on shares of Welltower in a research note on Wednesday, October 29th. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. Finally, Wells Fargo & Company boosted their price target on shares of Welltower from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $187.93.

Welltower Stock Up 0.7%

Shares of Welltower stock opened at $192.48 on Wednesday. The firm has a market cap of $132.11 billion, a PE ratio of 132.75, a P/E/G ratio of 1.93 and a beta of 0.92. The business’s 50 day simple moving average is $174.54 and its 200 day simple moving average is $162.84. The company has a debt-to-equity ratio of 0.43, a quick ratio of 4.19 and a current ratio of 5.47. Welltower Inc. has a 52-week low of $123.11 and a 52-week high of $192.79.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The business had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter last year, the company posted $1.11 earnings per share. Welltower’s quarterly revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Tuesday, November 11th will be issued a dividend of $0.74 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. Welltower’s payout ratio is presently 204.14%.

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.