Windward Capital Management Co. CA Sells 1,200 Shares of Welltower Inc. $WELL

Windward Capital Management Co. CA reduced its stake in Welltower Inc. (NYSE:WELL) by 2.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,069 shares of the real estate investment trust’s stock after selling 1,200 shares during the period. Windward Capital Management Co. CA’s holdings in Welltower were worth $7,082,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. SouthState Corp lifted 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 during the first quarter valued at about $27,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Welltower in the first quarter worth about $32,000. WPG Advisers LLC bought a new position in shares of Welltower in the first quarter valued at approximately $34,000. Finally, Saudi Central Bank bought a new position in shares of Welltower in the first quarter valued at approximately $38,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Trading Up 1.2%

NYSE WELL opened at $199.90 on Monday. The firm has a market cap of $137.20 billion, a PE ratio of 137.86, a price-to-earnings-growth 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 company has a current ratio of 5.47, a quick ratio of 4.19 and a debt-to-equity ratio of 0.43. The stock has a 50-day moving average of $178.94 and a 200-day moving average of $165.37.

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 the consensus estimate of $1.30 by $0.04. The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The firm’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, sell-side analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th were issued a $0.74 dividend. The ex-dividend date was Monday, November 10th. This represents a $2.96 annualized dividend and a yield of 1.5%. Welltower’s dividend payout ratio (DPR) is 204.14%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WELL. National Bankshares set a $246.00 target price on shares of Welltower in a report on Friday, October 17th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Welltower in a research report on Wednesday. Evercore ISI upped their target price on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. Loop Capital set a $196.00 price target on Welltower in a report on Wednesday, October 29th. Finally, KeyCorp lifted their price target on Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.