Welltower Inc. $WELL Shares Purchased by Angeles Wealth Management LLC

Angeles Wealth Management LLC boosted its stake in Welltower Inc. (NYSE:WELL) by 28.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,709 shares of the real estate investment trust’s stock after acquiring an additional 377 shares during the quarter. Angeles Wealth Management LLC’s holdings in Welltower were worth $263,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in WELL. Nuveen LLC acquired a new stake in Welltower in the 1st quarter valued at $762,204,000. Price T Rowe Associates Inc. MD grew its stake in Welltower by 41.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock valued at $1,367,226,000 after acquiring an additional 2,622,384 shares during the period. Wellington Management Group LLP grew its stake in Welltower by 14.0% in the 1st quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock valued at $3,261,792,000 after acquiring an additional 2,614,562 shares during the period. Cbre Investment Management Listed Real Assets LLC grew its stake in Welltower by 55.6% in the 1st 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 period. Finally, Ameriprise Financial Inc. grew its stake in Welltower by 65.2% in the 1st quarter. Ameriprise Financial Inc. now owns 2,648,557 shares of the real estate investment trust’s stock valued at $399,314,000 after acquiring an additional 1,045,507 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Evercore ISI lifted their price target on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research note on Monday, September 15th. Scotiabank lifted their target price on shares of Welltower from $181.00 to $182.00 and gave the stock an “outperform” rating in a research note on Monday, October 6th. KeyCorp lifted their target price on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. Wells Fargo & Company lifted their target price on shares of Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. Finally, National Bankshares set a $246.00 target price on shares of Welltower in a research note on Friday. One investment 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $185.36.

Welltower Stock Up 1.9%

NYSE WELL opened at $175.33 on Friday. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $180.40. 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 business’s fifty day simple moving average is $168.80 and its 200-day simple moving average is $158.07. The firm has a market cap of $117.27 billion, a PE ratio of 99.06, a P/E/G ratio of 1.97 and a beta of 0.92.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, topping 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 business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.49 billion. During the same quarter in the previous year, the firm earned $1.05 EPS. The company’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. As a group, equities analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were issued a $0.74 dividend. This is an increase from Welltower’s previous quarterly dividend of $0.67. The ex-dividend date was Tuesday, August 12th. This represents a $2.96 annualized dividend and a 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.