Brookstone Capital Management Has $8.08 Million Stake in Welltower Inc. $WELL

Brookstone Capital Management raised its stake in Welltower Inc. (NYSE:WELL) by 487.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,359 shares of the real estate investment trust’s stock after acquiring an additional 37,635 shares during the period. Brookstone Capital Management’s holdings in Welltower were worth $8,080,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Zions Bancorporation National Association UT grew its holdings in shares of Welltower by 4.2% in the 2nd quarter. Zions Bancorporation National Association UT now owns 1,604 shares of the real estate investment trust’s stock worth $247,000 after purchasing an additional 65 shares during the last quarter. Cornerstone Wealth Group LLC boosted its position in Welltower by 4.7% in the second quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock valued at $225,000 after buying an additional 66 shares in the last quarter. Natural Investments LLC boosted its position in Welltower by 5.0% in the third quarter. Natural Investments LLC now owns 1,410 shares of the real estate investment trust’s stock valued at $251,000 after buying an additional 67 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in Welltower by 3.6% during the third quarter. Dynamic Advisor Solutions LLC now owns 1,934 shares of the real estate investment trust’s stock worth $345,000 after buying an additional 68 shares during the last quarter. Finally, Rise Advisors LLC increased its holdings in shares of Welltower by 23.3% during the first quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 69 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

WELL has been the topic of several recent analyst reports. Wells Fargo & Company boosted their target price on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. National Bankshares set a $246.00 price objective on Welltower in a research report on Friday, October 17th. Evercore ISI boosted their price objective on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. UBS Group raised their target price on Welltower from $203.00 to $232.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $231.00 price target on shares of Welltower in a report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average price target of $204.80.

Welltower Stock Up 0.4%

Shares of WELL opened at $187.59 on Friday. The business’s fifty day moving average price is $190.78 and its two-hundred day moving average price is $172.76. The firm has a market capitalization of $128.75 billion, a price-to-earnings ratio of 129.37, a PEG ratio of 1.49 and a beta of 0.84. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $209.05. 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 (NYSE:WELL) last issued its quarterly earnings results 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 business 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

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

Welltower Company Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.