Brookstone Capital Management Has $8.08 Million Stock Holdings in Welltower Inc. $WELL

Brookstone Capital Management boosted its holdings in shares of Welltower Inc. (NYSE:WELL) by 487.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,359 shares of the real estate investment trust’s stock after acquiring an additional 37,635 shares during the period. Brookstone Capital Management’s holdings in Welltower were worth $8,080,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC grew its position in shares of Welltower by 7.1% in the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock valued at $527,000 after purchasing an additional 279 shares during the period. CW Advisors LLC bought a new position in Welltower in the first quarter valued at approximately $315,000. Jump Financial LLC acquired a new position in shares of Welltower in the first quarter valued at approximately $1,697,000. Synovus Financial Corp boosted its holdings in shares of Welltower by 78.1% in the first quarter. Synovus Financial Corp now owns 6,508 shares of the real estate investment trust’s stock valued at $997,000 after buying an additional 2,853 shares during the period. Finally, Ieq Capital LLC increased its position in shares of Welltower by 9.6% during the first quarter. Ieq Capital LLC now owns 25,641 shares of the real estate investment trust’s stock worth $3,929,000 after acquiring an additional 2,252 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

WELL has been the topic of several research reports. KeyCorp boosted their price objective 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. Morgan Stanley lifted their price target on Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Jefferies Financial Group reaffirmed a “buy” rating and set a $231.00 price objective on shares of Welltower in a research report on Monday, December 15th. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. Finally, UBS Group boosted their target price on Welltower from $203.00 to $232.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $204.80.

Welltower Trading Up 0.4%

Welltower stock opened at $187.59 on Friday. The company has a market cap of $128.75 billion, a price-to-earnings ratio of 129.37, a P/E/G ratio of 1.49 and a beta of 0.84. The firm has a 50-day moving average of $190.78 and a 200-day moving average of $172.76. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 5.47. Welltower Inc. has a one year low of $123.11 and a one year high of $209.05.

Welltower (NYSE:WELL) last released its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the previous year, the business earned $1.11 earnings per share. Welltower’s quarterly revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, equities analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were paid a dividend of $0.74 per share. The ex-dividend date was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.6%. Welltower’s dividend payout ratio is currently 204.14%.

Welltower Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.