Los Angeles Capital Management LLC Acquires 748 Shares of Welltower Inc. $WELL

Los Angeles Capital Management LLC raised its holdings in Welltower Inc. (NYSE:WELL) by 1.8% in the second quarter, Holdings Channel.com reports. The fund owned 43,403 shares of the real estate investment trust’s stock after acquiring an additional 748 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Welltower were worth $6,672,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Wellington Management Group LLP raised its holdings in shares of Welltower by 14.0% during the 1st 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 in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Welltower by 41.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock worth $1,367,226,000 after purchasing an additional 2,622,384 shares in the last quarter. Northern Trust Corp increased its position in Welltower by 0.4% during the first quarter. Northern Trust Corp now owns 8,467,221 shares of the real estate investment trust’s stock worth $1,297,263,000 after buying an additional 36,725 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Welltower by 7.0% during 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. Finally, Charles Schwab Investment Management Inc. raised its holdings in Welltower by 14.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 6,956,594 shares of the real estate investment trust’s stock valued at $1,065,820,000 after buying an additional 877,856 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on WELL shares. Loop Capital set a $196.00 target price on shares of Welltower in a research report on Wednesday, October 29th. Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Evercore ISI increased their target price on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. National Bankshares set a $246.00 price target on shares of Welltower in a report on Friday, October 17th. Finally, UBS Group set a $203.00 price objective on shares of Welltower in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $187.93.

Welltower Trading Up 1.5%

Shares of NYSE:WELL opened at $190.53 on Monday. The company’s 50-day moving average price is $173.59 and its two-hundred day moving average price is $162.21. Welltower Inc. has a one year low of $123.11 and a one year high of $190.68. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 4.19. The stock has a market capitalization of $130.76 billion, a PE ratio of 131.40, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.04. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The company had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter last year, the company earned $1.11 EPS. Welltower’s revenue for the quarter 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, equities analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th will be issued a dividend of $0.74 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $2.96 annualized dividend and a yield of 1.6%. Welltower’s dividend payout ratio (DPR) is currently 204.14%.

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.