Moloney Securities Asset Management LLC Boosts Holdings in Welltower Inc. $WELL

Moloney Securities Asset Management LLC raised its position in Welltower Inc. (NYSE:WELL) by 209.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,866 shares of the real estate investment trust’s stock after purchasing an additional 3,292 shares during the period. Moloney Securities Asset Management LLC’s holdings in Welltower were worth $748,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Cornerstone Wealth Group LLC lifted its position in Welltower by 4.7% in the 2nd quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock worth $225,000 after buying an additional 66 shares during the last quarter. Rise Advisors LLC increased its stake in Welltower by 23.3% in the 1st quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 69 shares during the period. Sound View Wealth Advisors Group LLC increased its stake in Welltower by 2.0% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust’s stock worth $558,000 after purchasing an additional 73 shares during the period. SJS Investment Consulting Inc. increased its stake in Welltower by 7.8% in the 2nd quarter. SJS Investment Consulting Inc. now owns 1,009 shares of the real estate investment trust’s stock worth $155,000 after purchasing an additional 73 shares during the period. Finally, Catalyst Financial Partners LLC increased its stake in Welltower by 4.3% in the 1st quarter. Catalyst Financial Partners LLC now owns 1,854 shares of the real estate investment trust’s stock worth $284,000 after purchasing an additional 77 shares during the period. 94.80% of the stock is owned by institutional investors.

Welltower Trading Up 1.1%

NYSE WELL opened at $178.04 on Friday. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. Welltower Inc. has a twelve month low of $123.11 and a twelve month high of $180.40. The firm has a market capitalization of $119.08 billion, a PE ratio of 100.59, a P/E/G ratio of 1.97 and a beta of 0.92. The stock’s 50 day moving average is $170.05 and its 200 day moving average is $159.14.

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

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were issued a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.7%. This is a positive change from Welltower’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Tuesday, August 12th. Welltower’s dividend payout ratio is presently 167.23%.

Analysts Set New Price Targets

A number of brokerages have commented on WELL. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. UBS Group initiated coverage on Welltower in a research note on Friday, September 19th. They set a “buy” rating and a $195.00 target price on the stock. Evercore ISI boosted their target price on Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research note on Monday, September 15th. Scotiabank boosted their target price on Welltower from $181.00 to $182.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Welltower in a research note on Friday. One 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $186.43.

About Welltower

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.