Invesco Ltd. Has $1.12 Billion Position in Welltower Inc. $WELL

Invesco Ltd. boosted its stake in shares of Welltower Inc. (NYSE:WELL) by 2.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 7,295,596 shares of the real estate investment trust’s stock after buying an additional 207,964 shares during the period. Invesco Ltd.’s holdings in Welltower were worth $1,121,552,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Zions Bancorporation National Association UT lifted its position in Welltower by 4.2% in the 2nd quarter. Zions Bancorporation National Association UT now owns 1,604 shares of the real estate investment trust’s stock valued at $247,000 after acquiring an additional 65 shares in the last quarter. Cornerstone Wealth Group LLC lifted its holdings in shares of Welltower by 4.7% in the second quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock valued at $225,000 after purchasing an additional 66 shares in the last quarter. Rise Advisors LLC boosted its position in shares of Welltower by 23.3% during the first quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 69 shares during the period. Bridgewater Advisors Inc. grew its holdings in shares of Welltower by 5.1% during the second quarter. Bridgewater Advisors Inc. now owns 1,461 shares of the real estate investment trust’s stock worth $242,000 after buying an additional 71 shares in the last quarter. Finally, Orion Capital Management LLC grew its holdings in shares of Welltower by 5.6% during the second quarter. Orion Capital Management LLC now owns 1,362 shares of the real estate investment trust’s stock worth $209,000 after buying an additional 72 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Trading Down 0.4%

WELL stock opened at $203.13 on Wednesday. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $209.05. The company’s 50-day simple moving average is $184.20 and its 200 day simple moving average is $168.25. The company has a market capitalization of $139.41 billion, a PE ratio of 140.09, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92. 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 issued 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 company had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter last year, the business earned $1.11 earnings per share. Welltower’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. As a group, sell-side analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Tuesday, November 11th were given a dividend of $0.74 per share. The ex-dividend date was Monday, November 10th. This represents a $2.96 annualized dividend and a yield of 1.5%. Welltower’s dividend payout ratio (DPR) is currently 204.14%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. UBS Group set a $203.00 price target on shares of Welltower in a research note on Wednesday, October 29th. KeyCorp raised their target price on shares of Welltower from $150.00 to $200.00 and gave the company 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 report on Monday, September 15th. Morgan Stanley increased their price objective on shares of Welltower from $170.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 20th. Finally, Scotiabank lifted their target price on Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a research report on Thursday, November 13th. One equities 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 assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $193.93.

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.