19,575 Shares in Welltower Inc. $WELL Bought by iA Global Asset Management Inc.

iA Global Asset Management Inc. acquired a new position in shares of Welltower Inc. (NYSE:WELL) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,575 shares of the real estate investment trust’s stock, valued at approximately $3,487,000.

A number of other large investors have also recently bought and sold shares of the company. Global Wealth Strategies & Associates bought a new stake in shares of Welltower during the 3rd quarter worth approximately $36,000. Newbridge Financial Services Group Inc. increased its stake in Welltower by 39.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 87 shares during the last quarter. Copia Wealth Management acquired a new position in Welltower during the second quarter valued at approximately $51,000. NewSquare Capital LLC lifted its stake in Welltower by 30.2% during the second quarter. NewSquare Capital LLC now owns 362 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 84 shares during the last quarter. Finally, Salomon & Ludwin LLC acquired a new stake in shares of Welltower in the 3rd quarter valued at $59,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on WELL shares. UBS Group decreased their price target on Welltower from $232.00 to $228.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. National Bankshares set a $246.00 target price on Welltower in a research report on Friday, October 17th. Scotiabank increased their target price on shares of Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. Cantor Fitzgerald restated an “overweight” rating and issued a $204.00 price target on shares of Welltower in a research note on Monday, January 5th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Welltower in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $204.80.

Welltower Stock Performance

Shares of WELL stock opened at $183.56 on Friday. The firm has a market capitalization of $125.98 billion, a price-to-earnings ratio of 126.60, a PEG ratio of 1.26 and a beta of 0.86. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43. The business’s 50-day moving average price is $192.23 and its 200-day moving average price is $177.81. Welltower Inc. has a 12 month low of $130.29 and a 12 month high of $209.05.

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, beating analysts’ consensus estimates of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The business had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same quarter last year, the business earned $1.11 EPS. The firm’s quarterly revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Equities research analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

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

About Welltower

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.