Westwood Holdings Group Inc. Buys New Shares in Welltower Inc. $WELL

Westwood Holdings Group Inc. bought a new position in Welltower Inc. (NYSE:WELL) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 31,248 shares of the real estate investment trust’s stock, valued at approximately $4,804,000.

A number of other institutional investors have also bought and sold shares of WELL. Brighton Jones LLC boosted its stake in shares of Welltower by 7.1% in the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after acquiring an additional 279 shares during the period. Raymond James Financial Inc. raised its stake in Welltower by 0.6% during the 1st quarter. Raymond James Financial Inc. now owns 722,928 shares of the real estate investment trust’s stock valued at $110,760,000 after purchasing an additional 4,331 shares during the period. Corient IA LLC purchased a new position in Welltower in the 1st quarter worth approximately $383,000. Brooklyn Investment Group boosted its stake in Welltower by 103.4% in the 1st quarter. Brooklyn Investment Group now owns 3,781 shares of the real estate investment trust’s stock worth $579,000 after purchasing an additional 1,922 shares during the period. Finally, Northern Trust Corp grew 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 in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on WELL shares. Wells Fargo & Company lifted their price objective on shares of Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. Scotiabank lifted their price target on shares of Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a report on Thursday, November 13th. Loop Capital set a $196.00 price target on shares of Welltower in a research note on Wednesday, October 29th. KeyCorp raised their price objective on Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, September 23rd. Finally, National Bankshares set a $246.00 target price on Welltower in a research report on Friday, October 17th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $204.79.

Welltower Price Performance

WELL stock opened at $190.62 on Tuesday. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $209.05. The firm has a market capitalization of $130.83 billion, a P/E ratio of 131.46, a price-to-earnings-growth ratio of 1.48 and a beta of 0.84. The company has a fifty day simple moving average of $187.87 and a two-hundred day simple moving average of $171.11. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43.

Welltower (NYSE:WELL) last posted its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share 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 firm had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same period in the previous year, the firm posted $1.11 EPS. The business’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. Analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Shareholders 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 yield of 1.6%. Welltower’s dividend payout ratio is 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.