Twin Capital Management Inc. Purchases 8,397 Shares of Welltower Inc. $WELL

Twin Capital Management Inc. boosted its holdings in Welltower Inc. (NYSE:WELL) by 77.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,185 shares of the real estate investment trust’s stock after purchasing an additional 8,397 shares during the quarter. Twin Capital Management Inc.’s holdings in Welltower were worth $2,949,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Wellington Management Group LLP raised its holdings in shares of Welltower by 14.0% in the 1st 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 acquiring an additional 2,614,562 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of 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 valued at $1,367,226,000 after buying an additional 2,622,384 shares during the last quarter. Northern Trust Corp grew its holdings in Welltower by 0.4% during the first quarter. Northern Trust Corp now owns 8,467,221 shares of the real estate investment trust’s stock worth $1,297,263,000 after buying an additional 36,725 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Welltower by 7.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,164,840 shares of the real estate investment trust’s stock valued at $1,250,935,000 after buying an additional 532,135 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Welltower by 14.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,956,594 shares of the real estate investment trust’s stock valued at $1,065,820,000 after acquiring an additional 877,856 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on WELL shares. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. KeyCorp lifted their price target on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. Evercore ISI increased their price objective on Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a report on Monday, September 15th. Wells Fargo & Company lifted their price objective on Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Finally, National Bankshares set a $246.00 price objective on shares of Welltower in a report on Friday, October 17th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $187.93.

Welltower Price Performance

Shares of Welltower stock opened at $186.52 on Thursday. The company has a current ratio of 5.47, a quick ratio of 4.19 and a debt-to-equity ratio of 0.43. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $189.53. The stock has a 50 day moving average of $172.73 and a 200 day moving average of $161.50. The firm has a market cap of $128.01 billion, a PE ratio of 128.63, a PEG ratio of 1.93 and a beta of 0.92.

Welltower (NYSE:WELL) last issued its quarterly earnings data 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. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The business had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.70 billion. During the same period in the prior year, the firm earned $1.11 EPS. The company’s revenue for the quarter was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, research analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

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 $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, November 10th. Welltower’s dividend payout ratio 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.