Simplicity Wealth LLC Takes $496,000 Position in Welltower Inc. $WELL

Simplicity Wealth LLC bought a new stake in shares of Welltower Inc. (NYSE:WELL) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 2,784 shares of the real estate investment trust’s stock, valued at approximately $496,000.

Several other institutional investors have also bought and sold shares of the stock. Sachetta LLC lifted its stake in Welltower by 14.9% during the 3rd quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock valued at $80,000 after acquiring an additional 58 shares in the last quarter. PDS Planning Inc raised its holdings 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 purchasing an additional 59 shares during the last quarter. Values First Advisors Inc. lifted its position in shares of Welltower by 1.0% during the third quarter. Values First Advisors Inc. now owns 6,229 shares of the real estate investment trust’s stock valued at $1,110,000 after purchasing an additional 62 shares in the last quarter. Zions Bancorporation National Association UT boosted its holdings in 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 during the last quarter. Finally, Cornerstone Wealth Group LLC grew its position in Welltower by 4.7% in the 2nd 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 own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of WELL opened at $183.56 on Friday. Welltower Inc. has a 1 year low of $130.29 and a 1 year high of $209.05. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 5.47. The stock’s fifty day moving average price is $192.23 and its two-hundred day moving average price is $177.99. The firm has a market cap of $125.98 billion, a PE ratio of 126.60, a PEG ratio of 1.28 and a beta of 0.86.

Welltower (NYSE:WELL) last announced its quarterly 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 for 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 was up 30.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, equities research analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

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

Analyst Ratings Changes

WELL has been the topic of several recent analyst reports. Scotiabank lifted their target price on shares of Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a research report on Thursday, November 13th. Wells Fargo & Company lifted their price target on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. UBS Group cut their price objective on Welltower from $232.00 to $228.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $204.00 target price on shares of Welltower in a research report on Monday, January 5th. Finally, Morgan Stanley increased their price target on shares of Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $204.80.

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.