Wealthspire Advisors LLC Has $634,000 Holdings in Welltower Inc. $WELL

Wealthspire Advisors LLC increased its position in Welltower Inc. (NYSE:WELL) by 12.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,127 shares of the real estate investment trust’s stock after acquiring an additional 449 shares during the quarter. Wealthspire Advisors LLC’s holdings in Welltower were worth $634,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. SouthState Corp increased its stake in shares of Welltower by 704.8% in the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 148 shares during the period. Wealth Preservation Advisors LLC bought a new stake in Welltower during the 1st quarter valued at approximately $27,000. N.E.W. Advisory Services LLC acquired a new stake in Welltower in the 1st quarter valued at approximately $32,000. WPG Advisers LLC bought a new position in Welltower in the 1st quarter worth approximately $34,000. Finally, Saudi Central Bank acquired a new position in shares of Welltower during the first quarter worth approximately $38,000. 94.80% of the stock is currently owned by institutional investors.

Welltower Trading Up 1.2%

WELL stock opened at $199.90 on Friday. The company has a current ratio of 5.47, a quick ratio of 4.19 and a debt-to-equity ratio of 0.43. The firm has a market cap of $137.20 billion, a P/E ratio of 137.86, a P/E/G ratio of 1.93 and a beta of 0.92. Welltower Inc. has a 1-year low of $123.11 and a 1-year high of $201.42. The business’s 50 day moving average is $178.94 and its 200-day moving average is $165.17.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS 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 business 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 earned $1.11 EPS. Welltower’s quarterly revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Equities analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on WELL shares. Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. KeyCorp raised their price target on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 23rd. Loop Capital set a $196.00 price objective on shares of Welltower in a research report on Wednesday, October 29th. Morgan Stanley lifted their target price on Welltower from $170.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, UBS Group set a $203.00 price target on Welltower in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Welltower presently has a consensus rating of “Moderate Buy” and an average target price of $192.73.

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.