Commerzbank Aktiengesellschaft FI Raises Stock Position in Welltower Inc. $WELL

Commerzbank Aktiengesellschaft FI increased its position in shares of Welltower Inc. (NYSE:WELL) by 1.3% during the second quarter, Holdings Channel reports. The institutional investor owned 5,789 shares of the real estate investment trust’s stock after buying an additional 77 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Welltower were worth $890,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in WELL. Brighton Jones LLC increased its stake in shares of 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 buying an additional 279 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of Welltower by 46.8% in the first quarter. Farther Finance Advisors LLC now owns 5,209 shares of the real estate investment trust’s stock valued at $803,000 after acquiring an additional 1,661 shares during the period. Harbor Capital Advisors Inc. acquired a new stake in shares of Welltower during the first quarter worth $28,000. Wealthcare Advisory Partners LLC acquired a new stake in shares of Welltower during the first quarter worth $230,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Welltower by 13.8% during the first quarter. GAMMA Investing LLC now owns 11,344 shares of the real estate investment trust’s stock worth $1,738,000 after purchasing an additional 1,380 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Stock Performance

Shares of NYSE:WELL opened at $165.84 on Friday. The company has a market cap of $110.92 billion, a P/E ratio of 93.70, a PEG ratio of 1.89 and a beta of 0.92. 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 $123.11 and a one year high of $180.40. The business’s 50-day simple moving average is $168.59 and its 200 day simple moving average is $157.38.

Welltower (NYSE:WELL) last announced its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. The business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The company’s revenue was up 39.6% on a year-over-year basis. During the same period last year, the business posted $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, sell-side analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Evercore ISI raised their price target on Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research report on Monday, September 15th. Raymond James Financial reissued a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. Wells Fargo & Company raised their price target on Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. KeyCorp raised their price target on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. Finally, Cantor Fitzgerald started coverage on Welltower in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $195.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and a consensus target price of $180.69.

About Welltower

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.