Centaurus Financial Inc. Reduces Stock Position in Welltower Inc. $WELL

Centaurus Financial Inc. trimmed its holdings in Welltower Inc. (NYSE:WELL) by 22.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,892 shares of the real estate investment trust’s stock after selling 3,812 shares during the period. Centaurus Financial Inc.’s holdings in Welltower were worth $1,982,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Orion Porfolio Solutions LLC raised its holdings in Welltower by 13.3% in the second quarter. Orion Porfolio Solutions LLC now owns 24,044 shares of the real estate investment trust’s stock valued at $3,696,000 after acquiring an additional 2,827 shares in the last quarter. MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of Welltower in the 2nd quarter worth about $2,753,000. Neuberger Berman Group LLC raised its stake in shares of Welltower by 15.1% in the 2nd quarter. Neuberger Berman Group LLC now owns 778,419 shares of the real estate investment trust’s stock valued at $119,666,000 after purchasing an additional 102,147 shares in the last quarter. Stance Capital LLC raised its stake in shares of Welltower by 36.5% in the 2nd quarter. Stance Capital LLC now owns 15,992 shares of the real estate investment trust’s stock valued at $2,458,000 after purchasing an additional 4,276 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of Welltower during the second quarter worth about $432,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Trading Up 0.8%

NYSE:WELL opened at $186.54 on Monday. The firm has a market capitalization of $128.03 billion, a P/E ratio of 128.65, a P/E/G ratio of 1.48 and a beta of 0.84. The business has a 50 day simple moving average of $187.54 and a 200 day simple moving average of $170.85. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 5.47. Welltower Inc. has a 12-month low of $123.11 and a 12-month high of $209.05.

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

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Tuesday, November 11th were given a $0.74 dividend. The ex-dividend date was Monday, November 10th. This represents a $2.96 annualized dividend and a yield of 1.6%. Welltower’s dividend payout ratio (DPR) is currently 204.14%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on WELL. Cantor Fitzgerald boosted their price objective on Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Loop Capital set a $196.00 price target on Welltower in a report on Wednesday, October 29th. UBS Group upped their price target on Welltower from $203.00 to $232.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Scotiabank lifted their price objective on shares of Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. One equities research 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.