Blue Capital Inc. Makes New Investment in Welltower Inc. $WELL

Blue Capital Inc. purchased a new position in Welltower Inc. (NYSE:WELL) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 15,128 shares of the real estate investment trust’s stock, valued at approximately $2,326,000. Welltower comprises about 1.6% of Blue Capital Inc.’s portfolio, making the stock its 20th biggest holding.

A number of other large investors have also made changes to their positions in the stock. Norges Bank purchased a new position in Welltower in the 2nd quarter valued at about $4,903,554,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Welltower by 41.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock worth $1,367,226,000 after buying an additional 2,622,384 shares in the last quarter. Wellington Management Group LLP raised its position in shares of 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 buying an additional 2,614,562 shares during the last quarter. State Street Corp lifted its stake in shares of Welltower by 4.6% during the second quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock valued at $6,090,212,000 after buying an additional 1,740,196 shares during the period. Finally, Cbre Investment Management Listed Real Assets LLC lifted its stake in shares of Welltower by 55.6% during the first 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 buying an additional 1,076,293 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of NYSE:WELL opened at $186.54 on Friday. The business’s 50-day simple moving average is $187.54 and its 200 day simple moving average is $170.59. The company has a market cap of $128.03 billion, a P/E ratio of 128.65, a PEG ratio of 1.47 and a beta of 0.84. The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.47 and a current ratio of 5.47. Welltower Inc. has a one year low of $123.11 and a one year high of $209.05.

Welltower (NYSE:WELL) last issued 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 company had revenue of $2.69 billion during 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%. Welltower’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same quarter last year, the company earned $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, sell-side analysts forecast 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 was paid on Thursday, November 20th. Investors of record on Tuesday, November 11th were paid a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $2.96 annualized dividend and a yield of 1.6%. Welltower’s payout ratio is 204.14%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. Morgan Stanley boosted their target price on shares of Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. UBS Group lifted their price objective on Welltower from $203.00 to $232.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. KeyCorp increased their target price on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 23rd. Finally, Evercore ISI lifted their price target on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research report on Monday, September 15th. 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $195.87.

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.