Amundi Acquires 266,292 Shares of Welltower Inc. $WELL

Amundi lifted its stake in Welltower Inc. (NYSE:WELL) by 7.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,064,420 shares of the real estate investment trust’s stock after purchasing an additional 266,292 shares during the period. Amundi owned 0.61% of Welltower worth $612,549,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Great Diamond Partners LLC lifted its stake in Welltower by 13.0% in the second quarter. Great Diamond Partners LLC now owns 17,019 shares of the real estate investment trust’s stock valued at $2,616,000 after buying an additional 1,953 shares during the period. Baird Financial Group Inc. increased its stake in shares of Welltower by 7.3% in the 2nd quarter. Baird Financial Group Inc. now owns 10,871 shares of the real estate investment trust’s stock valued at $1,671,000 after acquiring an additional 735 shares during the last quarter. First Trust Advisors LP raised its position in shares of Welltower by 19.5% in the 2nd quarter. First Trust Advisors LP now owns 241,216 shares of the real estate investment trust’s stock valued at $37,082,000 after acquiring an additional 39,287 shares during the period. Guggenheim Capital LLC boosted its stake in Welltower by 23.0% during the 2nd quarter. Guggenheim Capital LLC now owns 131,116 shares of the real estate investment trust’s stock worth $20,156,000 after acquiring an additional 24,516 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in Welltower by 27.0% during the second quarter. EverSource Wealth Advisors LLC now owns 4,660 shares of the real estate investment trust’s stock valued at $716,000 after purchasing an additional 990 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on WELL shares. KeyCorp increased their target price on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. UBS Group raised their price objective on Welltower from $203.00 to $232.00 and gave the stock a “buy” rating in a research note on Thursday. Cantor Fitzgerald boosted their target price on Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Wells Fargo & Company raised their price target on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Welltower in a research report on Monday. One research 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 stock. Based on data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and a consensus target price of $195.87.

Welltower Trading Up 0.9%

NYSE:WELL opened at $203.65 on Friday. The company has a market cap of $139.77 billion, a P/E ratio of 140.45, a price-to-earnings-growth ratio of 1.60 and a beta of 0.84. Welltower Inc. has a twelve month low of $123.11 and a twelve month high of $209.05. The business has a 50 day moving average price of $185.46 and a two-hundred day moving average price of $168.73. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The business had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same quarter in the previous year, the firm posted $1.11 earnings per share. The firm’s revenue for the quarter was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were issued a $0.74 dividend. The ex-dividend date was Monday, November 10th. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. Welltower’s dividend payout ratio (DPR) is presently 204.14%.

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.