AE Wealth Management LLC Raises Holdings in Welltower Inc. $WELL

AE Wealth Management LLC increased its position in shares of Welltower Inc. (NYSE:WELL) by 44.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,013 shares of the real estate investment trust’s stock after buying an additional 930 shares during the period. AE Wealth Management LLC’s holdings in Welltower were worth $463,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in WELL. SouthState Corp grew 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 acquiring an additional 148 shares in the last quarter. Wealth Preservation Advisors LLC bought a new stake in shares of Welltower in the 1st quarter valued at about $27,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Welltower in the 1st quarter worth approximately $32,000. WPG Advisers LLC bought a new position in shares of Welltower during the first quarter valued at approximately $34,000. Finally, Saudi Central Bank bought a new position in shares of Welltower during the first quarter valued at approximately $38,000. 94.80% of the stock is currently owned by institutional investors.

Welltower Price Performance

Shares of NYSE WELL opened at $193.86 on Friday. Welltower Inc. has a fifty-two week low of $123.11 and a fifty-two week high of $194.83. The company has a market cap of $133.05 billion, a PE ratio of 133.69, a P/E/G ratio of 1.93 and a beta of 0.92. The company has a debt-to-equity ratio of 0.43, a quick ratio of 4.19 and a current ratio of 5.47. The business has a 50-day simple moving average of $176.02 and a two-hundred day simple moving average of $163.55.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.04. The firm 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 company’s revenue for the quarter was up 30.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, equities analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th will be issued a $0.74 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.5%. Welltower’s dividend payout ratio (DPR) is currently 204.14%.

Wall Street Analysts Forecast Growth

WELL has been the subject of a number of analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of Welltower in a report on Thursday. Wells Fargo & Company boosted 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. Wall Street Zen downgraded Welltower from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. KeyCorp lifted their target price on Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, September 23rd. Finally, Scotiabank increased their price target on shares of Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $190.07.

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.