Arkadios Wealth Advisors Increases Stock Position in Welltower Inc. $WELL

Arkadios Wealth Advisors raised its stake in shares of Welltower Inc. (NYSE:WELL) by 104.6% in the 3rd quarter, Holdings Channel reports. The firm owned 19,854 shares of the real estate investment trust’s stock after acquiring an additional 10,152 shares during the period. Arkadios Wealth Advisors’ holdings in Welltower were worth $3,537,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Candriam S.C.A. increased its stake in Welltower by 2.6% in the 2nd quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock worth $64,058,000 after buying an additional 10,584 shares during the period. State Street Corp grew its stake in 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 worth $6,090,212,000 after acquiring an additional 1,740,196 shares in the last quarter. Federated Hermes Inc. grew its stake in Welltower by 193.5% in the 2nd quarter. Federated Hermes Inc. now owns 196,453 shares of the real estate investment trust’s stock worth $30,201,000 after acquiring an additional 129,521 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of Welltower by 15.6% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 75,888 shares of the real estate investment trust’s stock worth $11,668,000 after acquiring an additional 10,269 shares during the period. Finally, Blue Capital Inc. bought a new stake in shares of Welltower during the second quarter valued at approximately $2,326,000. 94.80% of the stock is owned by institutional investors.

Welltower Trading Down 1.0%

NYSE:WELL opened at $186.13 on Thursday. Welltower Inc. has a 52 week low of $130.29 and a 52 week high of $209.05. The firm has a 50 day moving average of $192.62 and a 200 day moving average of $177.57. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $127.75 billion, a price-to-earnings ratio of 128.36, a PEG ratio of 1.35 and a beta of 0.86.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.04. The business had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The business’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. As a group, sell-side analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on WELL shares. Jefferies Financial Group reissued a “buy” rating and issued a $231.00 price objective on shares of Welltower in a research note on Monday, December 15th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $205.00 target price on shares of Welltower in a report on Thursday, December 18th. Morgan Stanley raised 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. National Bankshares set a $246.00 price objective on shares of Welltower in a research note on Friday, October 17th. Finally, Loop Capital set a $196.00 target price on shares of Welltower in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $204.80.

About Welltower

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.