Creative Planning Buys 2,043 Shares of Welltower Inc. $WELL

Creative Planning lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 1.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 180,225 shares of the real estate investment trust’s stock after buying an additional 2,043 shares during the quarter. Creative Planning’s holdings in Welltower were worth $27,706,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Welltower by 7.1% in the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after acquiring an additional 279 shares in the last quarter. Cullen Frost Bankers Inc. grew its stake in Welltower by 60.9% in the first quarter. Cullen Frost Bankers Inc. now owns 399 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 151 shares during the period. Kestra Private Wealth Services LLC raised its holdings in Welltower by 11.4% in the first quarter. Kestra Private Wealth Services LLC now owns 28,880 shares of the real estate investment trust’s stock worth $4,425,000 after purchasing an additional 2,957 shares in the last quarter. CBIZ Investment Advisory Services LLC purchased a new position in Welltower during the first quarter valued at $70,000. Finally, Morse Asset Management Inc lifted its position in Welltower by 10,950.0% during the first quarter. Morse Asset Management Inc now owns 5,525 shares of the real estate investment trust’s stock valued at $846,000 after buying an additional 5,475 shares during the period. 94.80% of the stock is owned by institutional investors.

Analysts Set New Price Targets

WELL has been the topic of a number of recent research reports. National Bankshares set a $246.00 target price on shares of Welltower in a research report on Friday, October 17th. KeyCorp upped their price objective on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. Loop Capital set a $196.00 target price on shares of Welltower in a report on Wednesday, October 29th. UBS Group set a $203.00 price target on Welltower in a research report on Wednesday, October 29th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Welltower in a research report on Thursday. 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $190.07.

Welltower Price Performance

Shares of WELL opened at $193.86 on Monday. Welltower Inc. has a twelve month low of $123.11 and a twelve month high of $194.83. The company has a market capitalization of $133.05 billion, a P/E ratio of 133.69, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92. The firm has a 50 day moving average of $176.02 and a 200 day moving average of $163.71. The company has a quick ratio of 4.19, a current ratio of 5.47 and a debt-to-equity ratio of 0.43.

Welltower (NYSE:WELL) last released its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.04. The business had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The firm’s quarterly revenue was up 30.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, equities research analysts anticipate 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. Shareholders of record on Tuesday, November 11th will be paid a dividend of $0.74 per share. The ex-dividend date is Monday, November 10th. This represents a $2.96 annualized dividend and a yield of 1.5%. Welltower’s dividend payout ratio is currently 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.