Wambolt & Associates LLC Lowers Holdings in Welltower Inc. $WELL

Wambolt & Associates LLC reduced its stake in shares of Welltower Inc. (NYSE:WELL) by 8.5% in the 2nd quarter, Holdings Channel reports. The fund owned 12,156 shares of the real estate investment trust’s stock after selling 1,126 shares during the period. Wambolt & Associates LLC’s holdings in Welltower were worth $1,843,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of WELL. SouthState Corp grew its stake in shares of Welltower by 704.8% during the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 148 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in Welltower during the first quarter worth $27,000. N.E.W. Advisory Services LLC acquired a new stake in Welltower during the first quarter valued at $32,000. WPG Advisers LLC acquired a new position in shares of Welltower in the first quarter worth about $34,000. Finally, Saudi Central Bank purchased a new stake in shares of Welltower during the 1st quarter worth about $38,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Stock Performance

NYSE WELL opened at $204.51 on Wednesday. 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 stock’s fifty day moving average is $180.41 and its two-hundred day moving average is $166.14. The firm has a market capitalization of $140.36 billion, a P/E ratio of 141.04, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92. Welltower Inc. has a fifty-two week low of $123.11 and a fifty-two week high of $205.33.

Welltower (NYSE:WELL) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. The business 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 2.71% and a net margin of 9.69%.The company’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same period last year, the company earned $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th were issued a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, November 10th. Welltower’s payout ratio is presently 204.14%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. National Bankshares set a $246.00 price target on Welltower in a research report on Friday, October 17th. UBS Group set a $203.00 target price on Welltower in a research report on Wednesday, October 29th. Loop Capital set a $196.00 price target on shares of Welltower in a research note on Wednesday, October 29th. Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Finally, Evercore ISI lifted their target price on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research report on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and a consensus price target of $193.93.

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.