Janney Montgomery Scott LLC Has $11.87 Million Stock Position in Welltower Inc. $WELL

Janney Montgomery Scott LLC lifted its position in Welltower Inc. (NYSE:WELL) by 2.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 77,186 shares of the real estate investment trust’s stock after buying an additional 1,705 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Welltower were worth $11,866,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Moss Adams Wealth Advisors LLC increased its position in Welltower by 19.7% during the second quarter. Moss Adams Wealth Advisors LLC now owns 1,585 shares of the real estate investment trust’s stock worth $244,000 after acquiring an additional 261 shares during the period. GC Wealth Management RIA LLC increased its position in Welltower by 11.0% during the second quarter. GC Wealth Management RIA LLC now owns 27,574 shares of the real estate investment trust’s stock worth $4,239,000 after acquiring an additional 2,728 shares during the period. Capital Insight Partners LLC bought a new position in Welltower during the second quarter worth $538,000. Guyasuta Investment Advisors Inc. increased its position in Welltower by 21.7% during the second quarter. Guyasuta Investment Advisors Inc. now owns 2,524 shares of the real estate investment trust’s stock worth $388,000 after acquiring an additional 450 shares during the period. Finally, Western Financial Corp CA bought a new position in Welltower during the second quarter worth $1,795,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Down 0.1%

WELL opened at $175.35 on Friday. Welltower Inc. has a fifty-two week low of $122.34 and a fifty-two week high of $180.40. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. The firm’s fifty day moving average price is $168.05 and its two-hundred day moving average price is $156.64. The company has a market capitalization of $117.28 billion, a P/E ratio of 99.07, a P/E/G ratio of 1.98 and a beta of 0.92.

Welltower (NYSE:WELL) last issued its earnings results 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. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter in the previous year, the company earned $1.05 EPS. The firm’s revenue for the quarter was up 39.6% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were paid a $0.74 dividend. The ex-dividend date was Tuesday, August 12th. This represents a $2.96 annualized dividend and a dividend yield of 1.7%. This is a boost from Welltower’s previous quarterly dividend of $0.67. Welltower’s dividend payout ratio is presently 167.23%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on WELL shares. Wells Fargo & Company boosted their target price on shares of Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. Evercore ISI boosted their target price on shares of Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. UBS Group assumed coverage on shares of Welltower in a research report on Friday, September 19th. They set a “buy” rating and a $195.00 target price on the stock. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Welltower in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $180.62.

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.