May Hill Capital LLC Increases Position in Welltower Inc. $WELL

May Hill Capital LLC raised its holdings in shares of Welltower Inc. (NYSE:WELL) by 5.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,380 shares of the real estate investment trust’s stock after buying an additional 74 shares during the period. May Hill Capital LLC’s holdings in Welltower were worth $212,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of WELL. SouthState Corp boosted its position in shares of Welltower by 704.8% during the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 148 shares during the period. Wealth Preservation Advisors LLC purchased a new position in shares of Welltower during the first quarter valued at approximately $27,000. Smallwood Wealth Investment Management LLC purchased a new position in shares of Welltower during the first quarter valued at approximately $28,000. Hughes Financial Services LLC purchased a new position in shares of Welltower during the first quarter valued at approximately $31,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in shares of Welltower in the first quarter valued at approximately $32,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Down 1.4%

Welltower stock opened at $180.05 on Wednesday. The business has a fifty day moving average of $170.79 and a two-hundred day moving average of $159.97. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. The firm has a market cap of $120.42 billion, a P/E ratio of 124.17, a P/E/G ratio of 2.04 and a beta of 0.92. Welltower Inc. has a twelve month low of $123.11 and a twelve month high of $189.53.

Welltower (NYSE:WELL) last posted its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. The company had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.70 billion. Welltower had a return on equity of 2.80% and a net margin of 9.69%.Welltower’s revenue was up 30.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

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 issued a dividend of $0.74 per share. The ex-dividend date is Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a yield of 1.6%. Welltower’s dividend payout ratio is currently 167.23%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Welltower in a report on Wednesday, October 8th. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. Wells Fargo & Company boosted their price target on Welltower from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Evercore ISI boosted their price target on Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a report on Monday, September 15th. Finally, KeyCorp boosted their price target on Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, September 23rd. 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. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $186.43.

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.