Jackson Wealth Management LLC Invests $490,000 in Welltower Inc. $WELL

Jackson Wealth Management LLC acquired a new position in Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,185 shares of the real estate investment trust’s stock, valued at approximately $490,000.

Other institutional investors have also recently made changes to their positions in the company. SouthState Corp raised its stake in Welltower by 704.8% during the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 148 shares during the period. Wealth Preservation Advisors LLC bought a new stake in Welltower during the 1st quarter worth approximately $27,000. Harbor Capital Advisors Inc. bought a new stake in Welltower during the 1st quarter worth approximately $28,000. Smallwood Wealth Investment Management LLC bought a new stake in Welltower during the 1st quarter worth approximately $28,000. Finally, Hughes Financial Services LLC bought a new stake in Welltower during the 1st quarter worth approximately $31,000. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Down 0.1%

Shares of WELL opened at $175.35 on Friday. The company’s fifty day moving average is $168.05 and its 200 day moving average is $156.64. Welltower Inc. has a fifty-two week low of $122.34 and a fifty-two week high of $180.40. The stock has a market capitalization of $117.28 billion, a PE ratio of 99.07, a P/E/G ratio of 1.98 and a beta of 0.92. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.49 billion. Welltower had a net margin of 12.18% and a return on equity of 3.38%. Welltower’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Sell-side analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Tuesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.67. This represents a $2.96 annualized dividend and a yield of 1.7%. Welltower’s payout ratio is presently 167.23%.

Analyst Upgrades and Downgrades

WELL has been the topic of a number of recent analyst reports. Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. Cantor Fitzgerald began coverage on shares of Welltower in a research note on Wednesday. They set an “overweight” rating and a $195.00 target price on the stock. Scotiabank increased their price objective on shares of Welltower from $172.00 to $181.00 and gave the company an “outperform” rating in a report on Thursday, August 28th. Evercore ISI increased their price objective on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a report on Monday, September 15th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Welltower in a report on Saturday, September 27th. One investment 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 given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $180.62.

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.