Welltower Inc. $WELL Shares Bought by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. boosted its position in shares of Welltower Inc. (NYSE:WELL) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,203,786 shares of the real estate investment trust’s stock after buying an additional 12,370 shares during the quarter. Welltower makes up 0.6% of Asset Management One Co. Ltd.’s holdings, making the stock its 26th biggest position. Asset Management One Co. Ltd.’s holdings in Welltower were worth $185,058,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on WELL. KeyCorp lifted their target price on shares of Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, September 23rd. Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Scotiabank boosted their price target on shares of Welltower from $181.00 to $182.00 and gave the stock an “outperform” rating in a research report on Monday, October 6th. Wells Fargo & Company boosted their price target on shares of Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, UBS Group initiated coverage on shares of Welltower in a research report on Friday, September 19th. They set a “buy” rating and a $195.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and an average price target of $186.43.

Welltower Price Performance

Shares of WELL stock opened at $176.27 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. The firm’s 50-day moving average is $169.75 and its two-hundred day moving average is $158.85. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $180.40. The company has a market capitalization of $117.90 billion, a PE ratio of 99.59, a price-to-earnings-growth ratio of 1.97 and a beta of 0.92.

Welltower (NYSE:WELL) last issued its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate 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. Analysts predict that Welltower Inc. will post 4.88 earnings per share for the current 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 is a positive change from Welltower’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.7%. Welltower’s payout ratio is presently 167.23%.

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.