Guggenheim Capital LLC Acquires 24,516 Shares of Welltower Inc. $WELL

Guggenheim Capital LLC raised its holdings in Welltower Inc. (NYSE:WELL) by 23.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 131,116 shares of the real estate investment trust’s stock after buying an additional 24,516 shares during the period. Guggenheim Capital LLC’s holdings in Welltower were worth $20,156,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SouthState Corp increased its holdings in Welltower by 704.8% during the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 148 shares in the last quarter. Wealth Preservation Advisors LLC bought a new stake in shares of Welltower in the 1st quarter worth $27,000. WPG Advisers LLC purchased a new stake in shares of Welltower in the first quarter valued at about $34,000. Saudi Central Bank purchased a new stake in shares of Welltower in the first quarter valued at about $38,000. Finally, Truvestments Capital LLC bought a new position in shares of Welltower during the first quarter valued at about $41,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analysts Set New Price Targets

WELL has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Welltower in a research report on Monday. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, November 22nd. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. UBS Group lifted their price target on Welltower from $203.00 to $232.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Loop Capital set a $196.00 price objective on Welltower in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $195.87.

Welltower Trading Up 0.9%

Shares of WELL opened at $203.65 on Friday. Welltower Inc. has a fifty-two week low of $123.11 and a fifty-two week high of $209.05. The business has a 50-day moving average of $185.46 and a 200 day moving average of $168.73. The firm has a market cap of $139.77 billion, a P/E ratio of 140.45, a price-to-earnings-growth ratio of 1.60 and a beta of 0.84. The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.47 and a current ratio of 5.47.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same quarter in the previous year, the firm 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. As a group, research analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

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 $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Monday, November 10th. Welltower’s dividend payout ratio is currently 204.14%.

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.