West Family Investments Inc. Purchases 1,090 Shares of Welltower Inc. $WELL

West Family Investments Inc. raised its position in Welltower Inc. (NYSE:WELL) by 46.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,443 shares of the real estate investment trust’s stock after acquiring an additional 1,090 shares during the quarter. West Family Investments Inc.’s holdings in Welltower were worth $529,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of WELL. SouthState Corp grew its position in shares of Welltower by 704.8% in the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 148 shares during the last quarter. Wealth Preservation Advisors LLC purchased a new stake in Welltower in the first quarter worth $27,000. WPG Advisers LLC bought a new stake in Welltower in the first quarter valued at $34,000. Saudi Central Bank purchased a new position in shares of Welltower during the first quarter valued at about $38,000. Finally, Truvestments Capital LLC bought a new position in Welltower in the first quarter worth about $41,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. UBS Group set a $203.00 price objective on Welltower in a research report on Wednesday, October 29th. Evercore ISI upped their price target on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. Loop Capital set a $196.00 price objective on Welltower in a report on Wednesday, October 29th. KeyCorp boosted their target price on shares of Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, September 23rd. Finally, Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. One research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, Welltower presently has a consensus rating of “Moderate Buy” and an average target price of $193.93.

Welltower Stock Up 1.0%

Shares of Welltower stock opened at $208.30 on Friday. The company has a 50-day simple moving average of $182.87 and a two-hundred day simple moving average of $167.29. The stock has a market capitalization of $142.96 billion, a PE ratio of 143.66, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92. Welltower Inc. has a 52-week low of $123.11 and a 52-week high of $209.05. 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 (NYSE:WELL) last announced its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter last year, the firm earned $1.11 earnings per share. The firm’s quarterly revenue was up 30.7% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were issued a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, November 10th. Welltower’s dividend 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.