180 Wealth Advisors LLC Purchases 1,041 Shares of Welltower Inc. $WELL

180 Wealth Advisors LLC increased its position in Welltower Inc. (NYSE:WELLFree Report) by 17.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,919 shares of the real estate investment trust’s stock after acquiring an additional 1,041 shares during the period. 180 Wealth Advisors LLC’s holdings in Welltower were worth $1,064,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Cornerstone Wealth Group LLC lifted its position in shares of 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 worth $225,000 after buying an additional 66 shares in the last quarter. Rise Advisors LLC lifted its position in shares of Welltower by 23.3% in the first 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 in the last quarter. Sound View Wealth Advisors Group LLC lifted its position in shares of Welltower by 2.0% in the first quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust’s stock worth $558,000 after buying an additional 73 shares in the last quarter. SJS Investment Consulting Inc. lifted its position in shares of Welltower by 7.8% in the second quarter. SJS Investment Consulting Inc. now owns 1,009 shares of the real estate investment trust’s stock worth $155,000 after buying an additional 73 shares in the last quarter. Finally, Catalyst Financial Partners LLC lifted its position in shares of Welltower by 4.3% in the first quarter. Catalyst Financial Partners LLC now owns 1,854 shares of the real estate investment trust’s stock worth $284,000 after buying an additional 77 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Cantor Fitzgerald assumed coverage on Welltower in a research note on Wednesday, October 1st. They set an “overweight” rating and a $195.00 price objective on the stock. Wells Fargo & Company boosted their price objective on Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday. KeyCorp boosted their price objective on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. Raymond James Financial reissued a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Welltower in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average price target of $186.43.

Get Our Latest Stock Analysis on WELL

Welltower Trading Up 1.1%

WELL opened at $178.04 on Friday. The stock has a market cap of $119.08 billion, a price-to-earnings ratio of 100.59, a P/E/G ratio of 1.97 and a beta of 0.92. The stock’s 50 day moving average price is $170.05 and its 200-day moving average price is $159.14. Welltower Inc. has a one year low of $123.11 and a one year high of $180.40. 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 (NYSE:WELLGet Free Report) last released its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The company’s quarterly revenue was up 39.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, equities analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

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

About Welltower

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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