Welltower Inc. $WELL Shares Acquired by ASR Vermogensbeheer N.V.

ASR Vermogensbeheer N.V. increased its position in shares of Welltower Inc. (NYSE:WELL) by 31.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 61,695 shares of the real estate investment trust’s stock after buying an additional 14,683 shares during the period. ASR Vermogensbeheer N.V.’s holdings in Welltower were worth $9,483,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SouthState Corp increased its stake in Welltower by 704.8% during the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 148 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in Welltower during the 1st quarter worth $27,000. Harbor Capital Advisors Inc. purchased a new stake in Welltower during the 1st quarter worth $28,000. Smallwood Wealth Investment Management LLC purchased a new stake in Welltower during the 1st quarter worth $28,000. Finally, Hughes Financial Services LLC purchased a new stake in Welltower during the 1st quarter worth $31,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of NYSE:WELL opened at $175.65 on Friday. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. Welltower Inc. has a fifty-two week low of $122.34 and a fifty-two week high of $180.40. The firm has a 50-day simple moving average of $167.78 and a 200 day simple moving average of $156.47. The company has a market cap of $117.48 billion, a PE ratio of 99.24, a P/E/G ratio of 2.02 and a beta of 0.92.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. The company’s revenue for the quarter was up 39.6% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, sell-side analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were given a dividend of $0.74 per share. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.7%. This is a boost from Welltower’s previous quarterly dividend of $0.67. Welltower’s payout ratio is currently 167.23%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on WELL shares. Cantor Fitzgerald started coverage on shares of Welltower in a research note on Wednesday. They set an “overweight” rating and a $195.00 price target on the stock. Wells Fargo & Company boosted their target price on shares of Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. Evercore ISI boosted their target price on shares of Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. UBS Group assumed coverage on shares of Welltower in a research report on Friday, September 19th. They issued a “buy” rating and a $195.00 target price for the company. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $180.62.

Welltower 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.