Paradigm Asset Management Co. LLC Sells 300 Shares of Welltower Inc. $WELL

Paradigm Asset Management Co. LLC cut its position in shares of Welltower Inc. (NYSE:WELL) by 2.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,538 shares of the real estate investment trust’s stock after selling 300 shares during the period. Paradigm Asset Management Co. LLC’s holdings in Welltower were worth $1,620,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WELL. SouthState Corp raised its holdings in shares of Welltower by 704.8% in the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 148 shares during the period. Wealth Preservation Advisors LLC bought a new position in Welltower in the 1st quarter valued at $27,000. Hughes Financial Services LLC purchased a new stake in Welltower in the first quarter worth $31,000. N.E.W. Advisory Services LLC bought a new stake in shares of Welltower during the first quarter worth $32,000. Finally, WPG Advisers LLC purchased a new stake in shares of Welltower during the first quarter valued at $34,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Stock Performance

WELL stock opened at $190.53 on Friday. Welltower Inc. has a one year low of $123.11 and a one year high of $190.68. The firm has a market cap of $130.76 billion, a price-to-earnings ratio of 131.40, a PEG ratio of 1.93 and a beta of 0.92. The company has a debt-to-equity ratio of 0.43, a quick ratio of 4.19 and a current ratio of 5.47. The firm has a 50-day simple moving average of $173.59 and a two-hundred day simple moving average of $162.01.

Welltower (NYSE:WELL) last posted its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.04. The company had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. Welltower had a net margin of 9.69% and a return on equity of 2.71%. Welltower’s revenue for the quarter was up 30.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, equities analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th will be paid a dividend of $0.74 per share. The ex-dividend date is Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a yield of 1.6%. Welltower’s dividend payout ratio is presently 204.14%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on WELL shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Welltower in a report on Wednesday, October 8th. Evercore ISI lifted their target price on Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research report on Monday, September 15th. Cantor Fitzgerald raised their price target on Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. KeyCorp lifted 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. Finally, Wall Street Zen cut shares of Welltower from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and a consensus price target of $187.93.

About Welltower

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.