Welltower Inc. $WELL is Catalyst Funds Management Pty Ltd’s 9th Largest Position

Catalyst Funds Management Pty Ltd raised its holdings in Welltower Inc. (NYSE:WELL) by 54.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,500 shares of the real estate investment trust’s stock after buying an additional 11,400 shares during the quarter. Welltower comprises 1.4% of Catalyst Funds Management Pty Ltd’s investment portfolio, making the stock its 9th largest position. Catalyst Funds Management Pty Ltd’s holdings in Welltower were worth $4,996,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wellington Management Group LLP boosted its holdings in Welltower by 14.0% in the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock valued at $3,261,792,000 after acquiring an additional 2,614,562 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Welltower by 5.1% in the 2nd quarter. Geode Capital Management LLC now owns 15,012,454 shares of the real estate investment trust’s stock worth $2,303,484,000 after purchasing an additional 723,887 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Welltower by 41.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock valued at $1,367,226,000 after purchasing an additional 2,622,384 shares in the last quarter. Northern Trust Corp increased its position in shares of Welltower by 0.4% during the first quarter. Northern Trust Corp now owns 8,467,221 shares of the real estate investment trust’s stock valued at $1,297,263,000 after buying an additional 36,725 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Welltower by 7.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,164,840 shares of the real estate investment trust’s stock valued at $1,250,935,000 after buying an additional 532,135 shares during the period. Institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on WELL shares. Evercore ISI raised their price objective on shares of Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Cantor Fitzgerald increased their target price on Welltower from $195.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. National Bankshares set a $246.00 target price on Welltower in a research note on Friday, October 17th. KeyCorp upped their price target on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average price target of $190.07.

Welltower Stock Performance

Welltower stock opened at $196.80 on Thursday. Welltower Inc. has a twelve month low of $123.11 and a twelve month high of $200.64. 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 company has a market capitalization of $135.07 billion, a P/E ratio of 135.72, a PEG ratio of 1.93 and a beta of 0.92. The stock’s 50 day moving average is $177.74 and its 200 day moving average is $164.60.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.04. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The business had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the previous year, the business earned $1.11 earnings per share. The firm’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. On average, equities research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal 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 paid a $0.74 dividend. The ex-dividend date is Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a yield of 1.5%. Welltower’s payout ratio is presently 204.14%.

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.