Fairfield Financial Advisors LTD Acquires 6,533 Shares of Welltower Inc. $WELL

Fairfield Financial Advisors LTD grew its stake in Welltower Inc. (NYSE:WELL) by 24.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,052 shares of the real estate investment trust’s stock after acquiring an additional 6,533 shares during the period. Welltower accounts for approximately 2.0% of Fairfield Financial Advisors LTD’s holdings, making the stock its 16th largest position. Fairfield Financial Advisors LTD’s holdings in Welltower were worth $5,888,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank bought a new position in Welltower in the second quarter valued at approximately $4,903,554,000. State Street Corp boosted its holdings in shares of Welltower by 4.6% in the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock valued at $6,090,212,000 after buying an additional 1,740,196 shares during the last quarter. Balyasny Asset Management L.P. grew its stake in shares of Welltower by 241.5% in the second quarter. Balyasny Asset Management L.P. now owns 1,241,145 shares of the real estate investment trust’s stock valued at $190,801,000 after buying an additional 877,725 shares in the last quarter. Geode Capital Management LLC increased its holdings in Welltower by 5.1% during the second quarter. Geode Capital Management LLC now owns 15,012,454 shares of the real estate investment trust’s stock worth $2,303,484,000 after buying an additional 723,887 shares during the last quarter. Finally, Congress Asset Management Co. bought a new stake in Welltower during the second quarter worth $88,986,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Ratings Changes

WELL has been the topic of several recent analyst reports. JPMorgan Chase & Co. restated a “neutral” rating and set a $205.00 price objective on shares of Welltower in a research note on Thursday, December 18th. National Bankshares set a $246.00 price target on Welltower in a research report on Friday, October 17th. Wall Street Zen cut Welltower from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Morgan Stanley lifted their target price on Welltower from $170.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 20th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Welltower in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and an average price target of $204.80.

Welltower Trading Down 0.1%

Shares of WELL stock opened at $186.12 on Friday. The company has a market cap of $127.74 billion, a PE ratio of 128.36, a P/E/G ratio of 1.32 and a beta of 0.86. The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.47 and a current ratio of 5.47. The stock’s fifty day moving average price is $192.61 and its two-hundred day moving average price is $175.42. Welltower Inc. has a fifty-two week low of $123.11 and a fifty-two week high of $209.05.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, beating the consensus estimate of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the prior year, the firm earned $1.11 EPS. The firm’s revenue was up 30.7% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Equities analysts predict 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. Investors of record on Tuesday, November 11th were issued a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $2.96 annualized dividend and a dividend yield of 1.6%. Welltower’s dividend payout ratio (DPR) is 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.