AG2R LA Mondiale Gestion D Actifs Takes Position in Welltower Inc. $WELL

AG2R LA Mondiale Gestion D Actifs bought a new stake in shares of Welltower Inc. (NYSE:WELL) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 23,700 shares of the real estate investment trust’s stock, valued at approximately $3,656,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC boosted its position in Welltower by 7.1% during the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after acquiring an additional 279 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Welltower by 4.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 83,383 shares of the real estate investment trust’s stock worth $10,509,000 after acquiring an additional 3,874 shares during the last quarter. NorthRock Partners LLC boosted its position in Welltower by 147.0% during the fourth quarter. NorthRock Partners LLC now owns 5,307 shares of the real estate investment trust’s stock worth $669,000 after acquiring an additional 3,158 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in Welltower by 14.4% in the 4th quarter. Quantinno Capital Management LP now owns 41,657 shares of the real estate investment trust’s stock valued at $5,250,000 after purchasing an additional 5,234 shares during the last quarter. Finally, Raiffeisen Bank International AG acquired a new position in Welltower in the 4th quarter valued at about $689,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of WELL stock opened at $169.09 on Friday. The firm’s 50 day moving average price is $163.79 and its 200-day moving average price is $154.43. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19. Welltower Inc. has a one year low of $122.34 and a one year high of $171.09. The firm has a market cap of $113.09 billion, a P/E ratio of 95.53, a P/E/G ratio of 1.90 and a beta of 0.93.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.49 billion. During the same period in the prior year, the business posted $1.05 EPS. The business’s revenue for the quarter was up 39.6% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, equities research analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were issued a $0.74 dividend. The ex-dividend date was Tuesday, August 12th. This represents a $2.96 annualized dividend and a dividend yield of 1.8%. This is an increase from Welltower’s previous quarterly dividend of $0.67. Welltower’s dividend payout ratio (DPR) is currently 167.23%.

Insider Activity at Welltower

In related news, Director Andrew Gundlach acquired 20,000 shares of the firm’s stock in a transaction dated Monday, June 30th. The shares were purchased at an average cost of $151.46 per share, for a total transaction of $3,029,200.00. Following the acquisition, the director owned 20,000 shares in the company, valued at $3,029,200. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on WELL. Evercore ISI boosted their target price on shares of Welltower from $162.00 to $175.00 and gave the company an “in-line” rating in a report on Wednesday, July 30th. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. Wells Fargo & Company boosted their target price on shares of Welltower from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Wednesday, August 27th. Finally, Scotiabank boosted their target price on shares of Welltower from $172.00 to $181.00 and gave the company an “outperform” rating in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $175.00.

Welltower 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.