Groupe la Francaise Grows Position in Welltower Inc. $WELL

Groupe la Francaise grew its holdings in Welltower Inc. (NYSE:WELL) by 40.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 106,338 shares of the real estate investment trust’s stock after buying an additional 30,430 shares during the quarter. Groupe la Francaise’s holdings in Welltower were worth $16,319,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Norges Bank acquired a new stake in Welltower in the 2nd quarter valued at about $4,903,554,000. Wellington Management Group LLP grew its position in shares of Welltower by 14.0% in the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock valued at $3,261,792,000 after purchasing an additional 2,614,562 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Welltower by 5.1% in the second quarter. Geode Capital Management LLC now owns 15,012,454 shares of the real estate investment trust’s stock valued at $2,303,484,000 after purchasing an additional 723,887 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Welltower by 41.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock valued at $1,367,226,000 after purchasing an additional 2,622,384 shares during the last quarter. Finally, Northern Trust Corp lifted its position in Welltower by 0.4% during the first quarter. Northern Trust Corp now owns 8,467,221 shares of the real estate investment trust’s stock worth $1,297,263,000 after buying an additional 36,725 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Welltower in a report on Monday. Scotiabank boosted their price target on shares of Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a research report on Thursday, November 13th. National Bankshares set a $246.00 price objective on shares of Welltower in a report on Friday, October 17th. UBS Group set a $203.00 target price on shares of Welltower in a research note on Wednesday, October 29th. Finally, Morgan Stanley boosted their target price on shares of Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $193.93.

Welltower Trading Down 0.4%

NYSE WELL opened at $203.13 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 4.19. The stock has a market capitalization of $139.41 billion, a P/E ratio of 140.09, a PEG ratio of 1.93 and a beta of 0.92. The firm’s 50-day moving average is $184.20 and its two-hundred day moving average is $168.25. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $209.05.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The business had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same period in the previous year, the firm earned $1.11 EPS. The business’s 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, sell-side analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th were given a $0.74 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a 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.