Welltower Inc. $WELL Shares Sold by Edgestream Partners L.P.

Edgestream Partners L.P. reduced its stake in Welltower Inc. (NYSE:WELL) by 78.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,592 shares of the real estate investment trust’s stock after selling 5,820 shares during the period. Edgestream Partners L.P.’s holdings in Welltower were worth $245,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of WELL. Zions Bancorporation National Association UT grew its position in shares of Welltower by 4.2% in the 2nd quarter. Zions Bancorporation National Association UT now owns 1,604 shares of the real estate investment trust’s stock valued at $247,000 after buying an additional 65 shares during the last quarter. Cornerstone Wealth Group LLC boosted its stake in Welltower by 4.7% in the second quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock valued at $225,000 after acquiring an additional 66 shares in the last quarter. Rise Advisors LLC grew its holdings in shares of Welltower by 23.3% during the first quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 69 shares during the last quarter. Bridgewater Advisors Inc. increased its position in shares of Welltower by 5.1% during the second quarter. Bridgewater Advisors Inc. now owns 1,461 shares of the real estate investment trust’s stock worth $242,000 after purchasing an additional 71 shares in the last quarter. Finally, Orion Capital Management LLC increased its position in shares of Welltower by 5.6% during the second quarter. Orion Capital Management LLC now owns 1,362 shares of the real estate investment trust’s stock worth $209,000 after purchasing an additional 72 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on WELL shares. Cantor Fitzgerald upped their target price on Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, October 28th. Morgan Stanley boosted their price objective on Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. KeyCorp increased their price objective on Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, September 23rd. Evercore ISI lifted their target price on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a report on Monday, September 15th. Finally, Wells Fargo & Company upped their price target on shares of Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $195.87.

Welltower Trading Up 0.2%

Shares of WELL stock opened at $204.33 on Monday. The business’s 50 day moving average is $186.05 and its two-hundred day moving average is $169.37. Welltower Inc. has a twelve month low of $123.11 and a twelve month high of $209.05. The company has a market capitalization of $140.24 billion, a P/E ratio of 140.92, a price-to-earnings-growth ratio of 1.62 and a beta of 0.84. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the prior year, the business earned $1.11 earnings per share. The company’s quarterly 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 forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were paid a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Monday, November 10th. Welltower’s dividend payout ratio (DPR) is 204.14%.

Welltower Profile

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.