1,279 Shares in Welltower Inc. $WELL Purchased by Facet Wealth Inc.

Facet Wealth Inc. purchased a new position in shares of Welltower Inc. (NYSE:WELL) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 1,279 shares of the real estate investment trust’s stock, valued at approximately $211,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in WELL. Nuveen LLC bought a new position in shares of Welltower during the 1st quarter worth approximately $762,204,000. Price T Rowe Associates Inc. MD boosted its position in Welltower by 41.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock worth $1,367,226,000 after purchasing an additional 2,622,384 shares during the period. Wellington Management Group LLP boosted its position in Welltower by 14.0% during the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock worth $3,261,792,000 after purchasing an additional 2,614,562 shares during the period. Cbre Investment Management Listed Real Assets LLC boosted its position in Welltower by 55.6% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock worth $461,660,000 after purchasing an additional 1,076,293 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Welltower by 65.2% during the 1st quarter. Ameriprise Financial Inc. now owns 2,648,557 shares of the real estate investment trust’s stock worth $399,314,000 after buying an additional 1,045,507 shares during the period. 94.80% of the stock is currently owned by institutional investors.

Welltower Trading Up 2.6%

Shares of WELL stock opened at $182.56 on Tuesday. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44. The stock has a market cap of $122.10 billion, a P/E ratio of 103.14, a price-to-earnings-growth ratio of 1.99 and a beta of 0.92. The stock has a 50 day simple moving average of $170.45 and a 200 day simple moving average of $159.71. Welltower Inc. has a 1 year low of $123.11 and a 1 year high of $182.87.

Welltower (NYSE:WELL) last released its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.04. The firm had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The company’s revenue was up 30.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Tuesday, November 11th will be given a dividend of $0.74 per share. The ex-dividend date of this dividend is Tuesday, November 11th. This represents a $2.96 annualized dividend and a yield of 1.6%. Welltower’s dividend payout ratio is currently 167.23%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Welltower in a report on Wednesday, October 8th. Scotiabank boosted their price objective on Welltower from $181.00 to $182.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. KeyCorp boosted their price target on Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, September 23rd. Finally, UBS Group assumed coverage on Welltower in a research report on Friday, September 19th. They set a “buy” rating and a $195.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $186.43.

Welltower Company 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.