HB Wealth Management LLC Has $2.86 Million Stock Position in Welltower Inc. $WELL

HB Wealth Management LLC lifted its stake in Welltower Inc. (NYSE:WELL) by 27.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,025 shares of the real estate investment trust’s stock after purchasing an additional 3,478 shares during the period. HB Wealth Management LLC’s holdings in Welltower were worth $2,855,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in WELL. Global Wealth Strategies & Associates bought a new position in Welltower during the third quarter worth about $36,000. Anchor Investment Management LLC acquired a new stake in shares of Welltower in the 1st quarter valued at approximately $46,000. Newbridge Financial Services Group Inc. boosted its stake in Welltower by 39.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 87 shares during the last quarter. Copia Wealth Management acquired a new position in Welltower during the second quarter valued at approximately $51,000. Finally, NewSquare Capital LLC grew its holdings in Welltower by 30.2% during the second quarter. NewSquare Capital LLC now owns 362 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 84 shares during the period. Institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on WELL. National Bankshares set a $246.00 target price on shares of Welltower in a report on Friday, October 17th. UBS Group dropped their price objective on Welltower from $232.00 to $228.00 and set a “buy” rating on the stock in a research note on Thursday. Evercore ISI lifted their target price on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Scotiabank increased their price target on Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. Finally, Wall Street Zen cut Welltower from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and an average target price of $204.80.

Welltower Price Performance

WELL stock opened at $186.12 on Friday. The stock has a 50-day moving average price of $192.61 and a two-hundred day moving average price of $175.42. Welltower Inc. has a 1 year low of $123.11 and a 1 year high of $209.05. The stock has a market cap of $127.74 billion, a PE ratio of 128.36, a price-to-earnings-growth ratio of 1.32 and a beta of 0.86. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43.

Welltower (NYSE:WELL) last posted its quarterly earnings data 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 company had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.Welltower’s revenue for the quarter was up 30.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Equities analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal 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 paid a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, November 10th. Welltower’s dividend payout ratio (DPR) 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.