Diversified Trust Co Sells 4,108 Shares of Welltower Inc. $WELL

Diversified Trust Co lowered its position in Welltower Inc. (NYSE:WELL) by 22.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 13,821 shares of the real estate investment trust’s stock after selling 4,108 shares during the period. Diversified Trust Co’s holdings in Welltower were worth $2,462,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Zions Bancorporation National Association UT increased its holdings in shares of Welltower by 4.2% in the second quarter. Zions Bancorporation National Association UT now owns 1,604 shares of the real estate investment trust’s stock worth $247,000 after acquiring an additional 65 shares in the last quarter. Cornerstone Wealth Group LLC lifted its holdings in shares of Welltower by 4.7% during the 2nd quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock valued at $225,000 after purchasing an additional 66 shares in the last quarter. Natural Investments LLC grew its position in shares of Welltower by 5.0% in the 3rd quarter. Natural Investments LLC now owns 1,410 shares of the real estate investment trust’s stock valued at $251,000 after purchasing an additional 67 shares during the period. Dynamic Advisor Solutions LLC raised its holdings in Welltower by 3.6% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,934 shares of the real estate investment trust’s stock worth $345,000 after buying an additional 68 shares during the period. Finally, Rise Advisors LLC raised its holdings in Welltower by 23.3% during the 1st quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 69 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Trading Down 0.9%

NYSE WELL opened at $187.93 on Wednesday. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $209.05. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43. The stock has a 50 day moving average of $191.52 and a 200-day moving average of $173.86. The company has a market cap of $128.98 billion, a PE ratio of 129.60, a PEG ratio of 1.51 and a beta of 0.84.

Welltower (NYSE:WELL) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. The business had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The firm’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, equities research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Tuesday, November 11th were paid a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, November 10th. Welltower’s dividend payout ratio (DPR) is 204.14%.

Analyst Ratings Changes

WELL has been the subject of several research reports. National Bankshares set a $246.00 price objective on shares of Welltower in a research report on Friday, October 17th. Scotiabank increased their target price on Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. Evercore ISI boosted their price target on Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a report on Monday, September 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Welltower in a report on Monday. Finally, KeyCorp lifted their target price on Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, September 23rd. One investment 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. Based on data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and a consensus target price of $204.80.

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.