Plato Investment Management Ltd Has $679,000 Holdings in Welltower Inc. $WELL

Plato Investment Management Ltd lifted its holdings in Welltower Inc. (NYSE:WELL) by 42.7% during the 1st quarter, HoldingsChannel reports. The fund owned 4,387 shares of the real estate investment trust’s stock after acquiring an additional 1,312 shares during the quarter. Plato Investment Management Ltd’s holdings in Welltower were worth $679,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bayforest Capital Ltd grew its stake in shares of Welltower by 921.7% in the first quarter. Bayforest Capital Ltd now owns 1,226 shares of the real estate investment trust’s stock valued at $188,000 after acquiring an additional 1,106 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Welltower by 7.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,164,840 shares of the real estate investment trust’s stock valued at $1,250,935,000 after acquiring an additional 532,135 shares in the last quarter. Woodline Partners LP grew its stake in shares of Welltower by 45.1% in the first quarter. Woodline Partners LP now owns 51,324 shares of the real estate investment trust’s stock valued at $7,863,000 after acquiring an additional 15,947 shares in the last quarter. Zurich Insurance Group Ltd FI acquired a new position in shares of Welltower in the first quarter valued at about $95,385,000. Finally, Empowered Funds LLC grew its stake in shares of Welltower by 31.7% in the first quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock valued at $2,266,000 after acquiring an additional 3,564 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Welltower

In related news, Director Andrew Gundlach purchased 20,000 shares of Welltower stock in a transaction dated Monday, June 30th. The shares were bought at an average cost of $151.46 per share, for a total transaction of $3,029,200.00. Following the purchase, the director owned 20,000 shares in the company, valued at approximately $3,029,200. This trade represents a ? increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.21% of the company’s stock.

Welltower Trading Up 0.2%

WELL opened at $168.39 on Friday. The stock has a market capitalization of $112.62 billion, a price-to-earnings ratio of 95.14, a P/E/G ratio of 1.89 and a beta of 0.93. 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 $122.34 and a twelve month high of $171.09. The company has a 50-day simple moving average of $163.47 and a 200 day simple moving average of $154.31.

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

Welltower Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were paid a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, August 12th. This is an increase from Welltower’s previous quarterly dividend of $0.67. Welltower’s dividend payout ratio is 167.23%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WELL. Scotiabank upped their price target on shares of Welltower from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Evercore ISI upped their price objective on shares of Welltower from $162.00 to $175.00 and gave the stock an “in-line” rating in a research report on Wednesday, July 30th. Finally, Wells Fargo & Company upped their price objective on shares of Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $175.00.

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.