ABN Amro Investment Solutions Makes New Investment in Welltower Inc. $WELL

ABN Amro Investment Solutions bought a new stake in shares of Welltower Inc. (NYSE:WELL) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,327 shares of the real estate investment trust’s stock, valued at approximately $1,588,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WELL. Candriam S.C.A. increased its position in Welltower by 2.6% during the second quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock worth $64,058,000 after buying an additional 10,584 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Welltower by 3.9% during the 1st quarter. LPL Financial LLC now owns 258,052 shares of the real estate investment trust’s stock worth $39,536,000 after acquiring an additional 9,678 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC increased its holdings in shares of Welltower by 55.6% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock valued at $461,660,000 after acquiring an additional 1,076,293 shares during the last quarter. Jump Financial LLC bought a new position in shares of Welltower in the 1st quarter valued at approximately $1,697,000. Finally, Western Financial Corp CA bought a new position in shares of Welltower in the 2nd quarter valued at approximately $1,795,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on WELL shares. Evercore ISI raised their target price on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research note on Monday, September 15th. Scotiabank upped 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. Cantor Fitzgerald raised their price target on Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, October 28th. UBS Group set a $203.00 price objective on Welltower in a research report on Wednesday, October 29th. Finally, Loop Capital set a $196.00 target price on Welltower in a research note on Wednesday, October 29th. 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. Based on data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus target price of $190.07.

Welltower Price Performance

Shares of NYSE:WELL opened at $193.86 on Friday. The firm has a market capitalization of $133.05 billion, a PE ratio of 133.69, a PEG ratio of 1.93 and a beta of 0.92. The company has a current ratio of 5.47, a quick ratio of 4.19 and a debt-to-equity ratio of 0.43. Welltower Inc. has a 1-year low of $123.11 and a 1-year high of $194.83. The business’s 50 day moving average is $176.02 and its 200-day moving average is $163.55.

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. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The firm had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same period last year, the business earned $1.11 earnings per share. Welltower’s quarterly revenue was up 30.7% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Sell-side analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th will be given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, November 10th. Welltower’s payout ratio is 204.14%.

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.