Welltower Inc. $WELL Shares Sold by O ROURKE & COMPANY Inc

O ROURKE & COMPANY Inc trimmed its holdings in shares of Welltower Inc. (NYSE:WELL) by 1.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,937 shares of the real estate investment trust’s stock after selling 181 shares during the period. Welltower makes up about 1.1% of O ROURKE & COMPANY Inc’s portfolio, making the stock its 25th biggest position. O ROURKE & COMPANY Inc’s holdings in Welltower were worth $2,296,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. SouthState Corp lifted its stake in Welltower by 704.8% during the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 148 shares during the period. Wealth Preservation Advisors LLC acquired a new stake in Welltower during the 1st quarter valued at approximately $27,000. Harbor Capital Advisors Inc. acquired a new stake in Welltower during the 1st quarter valued at approximately $28,000. Smallwood Wealth Investment Management LLC acquired a new stake in Welltower during the 1st quarter valued at approximately $28,000. Finally, Hughes Financial Services LLC acquired a new stake in Welltower during the 1st quarter valued at approximately $31,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have commented on WELL shares. Scotiabank lifted their price objective on shares of Welltower from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. KeyCorp lifted their price objective on shares of Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, September 23rd. Wells Fargo & Company boosted their target price on shares of Welltower from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Wednesday, August 27th. Evercore ISI boosted their target price on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research note on Monday, September 15th. Finally, UBS Group assumed coverage on shares of Welltower in a research note on Friday, September 19th. They issued a “buy” rating and a $195.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $179.42.

Welltower Price Performance

Shares of NYSE WELL opened at $177.99 on Wednesday. The firm has a market cap of $119.04 billion, a PE ratio of 100.56, a PEG ratio of 1.99 and a beta of 0.93. The firm has a fifty day moving average of $167.14 and a 200 day moving average of $156.14. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19. Welltower Inc. has a one year low of $122.34 and a one year high of $178.54.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.49 billion. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The firm’s revenue was up 39.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, research analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were issued a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, August 12th. This is a boost from Welltower’s previous quarterly dividend of $0.67. Welltower’s payout ratio is presently 167.23%.

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.