Pinnacle Wealth Planning Services Inc. Raises Holdings in Welltower Inc. $WELL

Pinnacle Wealth Planning Services Inc. increased its holdings in Welltower Inc. (NYSE:WELL) by 42.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,172 shares of the real estate investment trust’s stock after purchasing an additional 938 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in Welltower were worth $488,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of WELL. Candriam S.C.A. lifted its position in shares of Welltower by 2.6% during the second quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock valued at $64,058,000 after buying an additional 10,584 shares during the last quarter. LPL Financial LLC raised its stake in shares of Welltower by 3.9% during the 1st quarter. LPL Financial LLC now owns 258,052 shares of the real estate investment trust’s stock worth $39,536,000 after acquiring an additional 9,678 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC lifted its position in Welltower by 55.6% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock valued at $461,660,000 after acquiring an additional 1,076,293 shares during the last quarter. Jump Financial LLC acquired a new stake in Welltower in the first quarter valued at approximately $1,697,000. Finally, Western Financial Corp CA acquired a new stake in Welltower in the second quarter valued at approximately $1,795,000. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Up 0.7%

Shares of WELL stock opened at $198.55 on Wednesday. Welltower Inc. has a fifty-two week low of $123.11 and a fifty-two week high of $200.64. The firm has a market capitalization of $136.27 billion, a PE ratio of 136.93, a P/E/G 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. The stock’s 50-day simple moving average is $177.17 and its 200-day simple moving average is $164.38.

Welltower (NYSE:WELL) last released its 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 firm had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the previous year, the company posted $1.11 earnings per share. The company’s revenue was up 30.7% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Equities analysts expect that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th will be issued a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, November 10th. Welltower’s dividend payout ratio is 204.14%.

Wall Street Analyst Weigh In

WELL has been the topic of a number of recent analyst reports. Wall Street Zen downgraded Welltower from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. National Bankshares set a $246.00 target price on Welltower in a research report on Friday, October 17th. KeyCorp raised their price target on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. Finally, Loop Capital set a $196.00 price objective on shares of Welltower in a research report on Wednesday, October 29th. 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and a consensus target price of $190.07.

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.