Welltower Inc. $WELL Shares Purchased by Ethic Inc.

Ethic Inc. raised its holdings in Welltower Inc. (NYSE:WELL) by 7.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,883 shares of the real estate investment trust’s stock after buying an additional 7,226 shares during the quarter. Ethic Inc.’s holdings in Welltower were worth $19,396,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of WELL. WPG Advisers LLC purchased a new stake in Welltower in the first quarter valued at approximately $34,000. Global Wealth Strategies & Associates acquired a new position in shares of Welltower in the 3rd quarter valued at $36,000. Saudi Central Bank purchased a new stake in shares of Welltower during the 1st quarter valued at $38,000. Anchor Investment Management LLC purchased a new stake in shares of Welltower during the 1st quarter valued at $46,000. Finally, Newbridge Financial Services Group Inc. increased its holdings in shares of Welltower by 39.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 87 shares during the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on WELL shares. Cantor Fitzgerald lifted their target price on Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. UBS Group lifted their price objective on Welltower from $203.00 to $232.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. KeyCorp increased their target price on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 23rd. Jefferies Financial Group reaffirmed a “buy” rating and set a $231.00 price target on shares of Welltower in a research report on Monday, December 15th. Finally, Scotiabank boosted their price objective on shares of Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a research note on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $204.80.

Welltower Stock Performance

Welltower stock opened at $187.80 on Monday. The firm has a market capitalization of $128.89 billion, a PE ratio of 129.52, a price-to-earnings-growth ratio of 1.49 and a beta of 0.84. Welltower Inc. has a one year low of $123.11 and a one year high of $209.05. The stock’s 50 day moving average price is $191.03 and its 200 day moving average price is $173.34. The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.47 and a current ratio of 5.47.

Welltower (NYSE:WELL) last posted its quarterly earnings data 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 net margin of 9.69% and a return on equity of 2.71%. The company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same quarter last year, the firm posted $1.11 earnings per share. The business’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. As a group, sell-side analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th were issued a $0.74 dividend. The ex-dividend date was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a yield of 1.6%. Welltower’s 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.