Fiera Capital Corp Takes Position in Welltower Inc. $WELL

Fiera Capital Corp purchased a new stake in Welltower Inc. (NYSE:WELL) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 2,902 shares of the real estate investment trust’s stock, valued at approximately $446,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wellington Management Group LLP raised its position in Welltower by 14.0% during the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock valued at $3,261,792,000 after purchasing an additional 2,614,562 shares during the period. Geode Capital Management LLC increased its position in shares of Welltower by 5.1% during the 2nd quarter. Geode Capital Management LLC now owns 15,012,454 shares of the real estate investment trust’s stock valued at $2,303,484,000 after purchasing an additional 723,887 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Welltower by 41.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock valued at $1,367,226,000 after buying an additional 2,622,384 shares during the period. Northern Trust Corp raised its holdings in Welltower by 0.4% during the 1st quarter. Northern Trust Corp now owns 8,467,221 shares of the real estate investment trust’s stock valued at $1,297,263,000 after buying an additional 36,725 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Welltower by 7.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,164,840 shares of the real estate investment trust’s stock worth $1,250,935,000 after buying an additional 532,135 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 1.5%

Shares of WELL opened at $193.86 on Friday. The firm has a market capitalization of $133.05 billion, a price-to-earnings ratio of 133.69, a PEG ratio of 1.93 and a beta of 0.92. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 4.19. Welltower Inc. has a 1-year low of $123.11 and a 1-year high of $194.83. The company has a 50-day moving average of $176.02 and a 200 day moving average of $163.63.

Welltower (NYSE:WELL) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $2.70 billion. During the same period last year, the company posted $1.11 earnings per share. The company’s quarterly revenue was up 30.7% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, research analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th will be given a dividend of $0.74 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a yield of 1.5%. Welltower’s payout ratio is 204.14%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. National Bankshares set a $246.00 price objective on shares of Welltower in a research report on Friday, October 17th. UBS Group set a $203.00 price target on shares of Welltower in a research note on Wednesday, October 29th. Cantor Fitzgerald upped their price target on shares of Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Raymond James Financial reissued a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. Finally, Wells Fargo & Company upped their target price on Welltower from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and a consensus target price of $190.07.

Welltower Company 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.