Bleakley Financial Group LLC Boosts Holdings in Welltower Inc. $WELL

Bleakley Financial Group LLC lifted its stake in Welltower Inc. (NYSE:WELL) by 14.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,513 shares of the real estate investment trust’s stock after purchasing an additional 2,664 shares during the quarter. Bleakley Financial Group LLC’s holdings in Welltower were worth $3,307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Cornerstone Wealth Group LLC raised its position in shares of Welltower by 4.7% in the 2nd quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock worth $225,000 after purchasing an additional 66 shares during the last quarter. Rise Advisors LLC raised its position in Welltower by 23.3% in the 1st 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 during the last quarter. Sound View Wealth Advisors Group LLC raised its position in Welltower by 2.0% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust’s stock worth $558,000 after buying an additional 73 shares during the last quarter. SJS Investment Consulting Inc. raised its position in Welltower by 7.8% in the 2nd quarter. SJS Investment Consulting Inc. now owns 1,009 shares of the real estate investment trust’s stock worth $155,000 after buying an additional 73 shares during the last quarter. Finally, Catalyst Financial Partners LLC raised its position in Welltower by 4.3% in the 1st quarter. Catalyst Financial Partners LLC now owns 1,854 shares of the real estate investment trust’s stock worth $284,000 after buying an additional 77 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

WELL has been the subject of a number of recent analyst reports. Raymond James Financial reissued a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Wells Fargo & Company boosted their target price on Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday. Evercore ISI boosted their target price on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. Cantor Fitzgerald initiated coverage on Welltower in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $195.00 target price for the company. Finally, UBS Group initiated coverage on Welltower in a research report on Friday, September 19th. They issued a “buy” rating and a $195.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $186.43.

Welltower Trading Up 0.2%

Welltower stock opened at $176.27 on Friday. The business has a 50-day simple moving average of $169.75 and a two-hundred day simple moving average of $158.85. The company has a market cap of $117.90 billion, a P/E ratio of 99.59, a P/E/G ratio of 1.97 and a beta of 0.92. Welltower Inc. has a 52-week low of $123.11 and a 52-week high of $180.40. 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 (NYSE:WELL) last released its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The business’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

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

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.