Callan Family Office LLC Grows Stake in Welltower Inc. $WELL

Callan Family Office LLC lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 247.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 11,130 shares of the real estate investment trust’s stock after acquiring an additional 7,930 shares during the period. Callan Family Office LLC’s holdings in Welltower were worth $1,711,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Nuveen LLC purchased a new position in shares of Welltower in the 1st quarter worth about $762,204,000. Price T Rowe Associates Inc. MD lifted its position in Welltower by 41.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock worth $1,367,226,000 after buying an additional 2,622,384 shares during the last quarter. Wellington Management Group LLP lifted its position in Welltower by 14.0% in the 1st quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock worth $3,261,792,000 after buying an additional 2,614,562 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its stake in Welltower by 55.6% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock worth $461,660,000 after buying an additional 1,076,293 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in Welltower by 65.2% during the first quarter. Ameriprise Financial Inc. now owns 2,648,557 shares of the real estate investment trust’s stock valued at $399,314,000 after acquiring an additional 1,045,507 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on WELL. Weiss Ratings restated a “buy (b)” rating on shares of Welltower in a report on Wednesday. KeyCorp lifted their target price on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 23rd. Evercore ISI boosted their price target on shares of Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Finally, UBS Group initiated coverage on shares of Welltower in a report on Friday, September 19th. They set a “buy” rating and a $195.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $180.69.

Welltower Price Performance

WELL stock opened at $165.84 on Friday. Welltower Inc. has a 1 year low of $123.11 and a 1 year high of $180.40. The company has a market cap of $110.92 billion, a P/E ratio of 93.70, a PEG ratio of 1.87 and a beta of 0.92. The firm has a 50-day moving average of $168.59 and a 200 day moving average of $157.43. 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 (NYSE:WELL) last released its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same period in the prior year, the firm earned $1.05 earnings per share. Welltower’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, sell-side analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were paid a dividend of $0.74 per share. This is a positive change from Welltower’s previous quarterly dividend of $0.67. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, August 12th. Welltower’s payout ratio is 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.