Wealth Enhancement Advisory Services LLC Boosts Holdings in Welltower Inc. $WELL

Wealth Enhancement Advisory Services LLC lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 10.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 149,838 shares of the real estate investment trust’s stock after purchasing an additional 13,985 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Welltower were worth $25,922,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Sachetta LLC boosted its holdings in Welltower by 14.9% in the 3rd quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock worth $80,000 after buying an additional 58 shares during the last quarter. PDS Planning Inc lifted its position in shares of Welltower by 1.4% in the third quarter. PDS Planning Inc now owns 4,326 shares of the real estate investment trust’s stock valued at $771,000 after acquiring an additional 59 shares in the last quarter. Values First Advisors Inc. boosted its stake in shares of Welltower by 1.0% in the third quarter. Values First Advisors Inc. now owns 6,229 shares of the real estate investment trust’s stock worth $1,110,000 after acquiring an additional 62 shares during the last quarter. Zions Bancorporation National Association UT increased its position in shares of Welltower by 4.2% during the second quarter. Zions Bancorporation National Association UT now owns 1,604 shares of the real estate investment trust’s stock worth $247,000 after purchasing an additional 65 shares in the last quarter. Finally, Cornerstone Wealth Group LLC increased its position in shares of Welltower by 4.7% during the second quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock worth $225,000 after purchasing an additional 66 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Wells Fargo & Company raised their price objective on Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Wall Street Zen lowered shares of Welltower from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. UBS Group cut their price objective on shares of Welltower from $232.00 to $228.00 and set a “buy” rating for the company in a report on Thursday, January 8th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $205.00 target price on shares of Welltower in a research note on Thursday, December 18th. Finally, Loop Capital set a $196.00 price target on Welltower in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $204.80.

Welltower Price Performance

Welltower stock opened at $186.13 on Thursday. 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 company has a 50-day moving average price of $192.62 and a 200 day moving average price of $177.57. Welltower Inc. has a 12-month low of $130.29 and a 12-month high of $209.05. The stock has a market cap of $127.75 billion, a P/E ratio of 128.36, a PEG ratio of 1.35 and a beta of 0.86.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.04. The business 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%. The business’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Sell-side analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

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

Welltower Profile

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.