Welltower Inc. $WELL Shares Sold by Andra AP fonden

Andra AP fonden decreased its holdings in shares of Welltower Inc. (NYSE:WELL) by 86.7% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 16,345 shares of the real estate investment trust’s stock after selling 106,555 shares during the period. Andra AP fonden’s holdings in Welltower were worth $2,513,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of WELL. Atlantic Union Bankshares Corp grew its position in Welltower by 204.4% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 24,835 shares of the real estate investment trust’s stock worth $3,818,000 after purchasing an additional 16,676 shares during the last quarter. Fourth Dimension Wealth LLC lifted its stake in shares of Welltower by 1,483.8% during the second quarter. Fourth Dimension Wealth LLC now owns 1,758 shares of the real estate investment trust’s stock worth $270,000 after buying an additional 1,647 shares during the period. Ellevest Inc. grew its holdings in shares of Welltower by 6.6% during the second quarter. Ellevest Inc. now owns 6,716 shares of the real estate investment trust’s stock valued at $1,032,000 after buying an additional 414 shares during the last quarter. Crestwood Advisors Group LLC purchased a new stake in shares of Welltower during the second quarter valued at $203,000. Finally, NewSquare Capital LLC increased its position in shares of Welltower by 30.2% in the 2nd quarter. NewSquare Capital LLC now owns 362 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 84 shares during the period. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Stock Up 1.5%

Welltower stock opened at $190.53 on Friday. The business’s 50-day moving average price is $173.59 and its 200 day moving average price is $162.01. The company has a quick ratio of 4.19, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. The firm has a market cap of $130.76 billion, a price-to-earnings ratio of 131.40, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $190.68.

Welltower (NYSE:WELL) last released its quarterly earnings data 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 business had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The business’s quarterly revenue was up 30.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, sell-side analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Tuesday, November 11th will be issued a dividend of $0.74 per share. The ex-dividend date of this dividend is 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%.

Analyst Ratings Changes

A number of analysts have commented on the company. Wells Fargo & Company lifted their price target on Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Cantor Fitzgerald raised their price objective on Welltower from $195.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 28th. Loop Capital set a $196.00 target price on Welltower in a report on Wednesday, October 29th. Scotiabank upped their target price on Welltower from $181.00 to $182.00 and gave the company an “outperform” rating in a research report on Monday, October 6th. Finally, Wall Street Zen downgraded shares of Welltower from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average target price of $187.93.

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.