Yousif Capital Management LLC Grows Position in Welltower Inc. $WELL

Yousif Capital Management LLC grew its stake in shares of Welltower Inc. (NYSE:WELL) by 2.1% in the second quarter, HoldingsChannel.com reports. The firm owned 106,520 shares of the real estate investment trust’s stock after buying an additional 2,240 shares during the quarter. Yousif Capital Management LLC’s holdings in Welltower were worth $16,375,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in WELL. SouthState Corp boosted its stake in shares of Welltower by 704.8% during the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 148 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in shares of Welltower during the first quarter valued at approximately $27,000. Harbor Capital Advisors Inc. purchased a new stake in shares of Welltower during the first quarter valued at approximately $28,000. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Welltower during the first quarter valued at approximately $28,000. Finally, Hughes Financial Services LLC purchased a new stake in shares of Welltower during the first quarter valued at approximately $31,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of Welltower stock opened at $165.84 on Monday. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $110.92 billion, a P/E ratio of 93.70, a P/E/G ratio of 1.87 and a beta of 0.92. The business has a fifty day simple moving average of $168.59 and a two-hundred day simple moving average of $157.48. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $180.40.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The company’s revenue for the quarter was up 39.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, equities analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were given a dividend of $0.74 per share. This is an increase from Welltower’s previous quarterly dividend of $0.67. This represents a $2.96 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, August 12th. Welltower’s payout ratio is 167.23%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on WELL shares. Scotiabank increased their price objective on Welltower from $181.00 to $182.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. Wells Fargo & Company raised their price target on Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Welltower in a research note on Wednesday, October 8th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. Finally, Evercore ISI raised their price target on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $180.69.

About Welltower

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.