Chilton Capital Management LLC Has $13.64 Million Position in Welltower Inc. $WELL

Chilton Capital Management LLC trimmed its position in shares of Welltower Inc. (NYSE:WELL) by 20.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 88,696 shares of the real estate investment trust’s stock after selling 22,722 shares during the quarter. Chilton Capital Management LLC’s holdings in Welltower were worth $13,635,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. SouthState Corp increased its holdings in Welltower by 704.8% in the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 148 shares during the period. Wealth Preservation Advisors LLC bought a new position in shares of Welltower during the first quarter worth about $27,000. Smallwood Wealth Investment Management LLC acquired a new position in shares of Welltower in the first quarter worth approximately $28,000. Hughes Financial Services LLC bought a new stake in Welltower in the first quarter valued at approximately $31,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in Welltower during the 1st quarter valued at approximately $32,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Trading Up 1.1%

Shares of WELL stock opened at $178.04 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19. The company has a market capitalization of $119.08 billion, a price-to-earnings ratio of 100.59, a PEG ratio of 1.99 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 50-day simple moving average of $170.05 and a two-hundred day simple moving average of $159.30.

Welltower (NYSE:WELL) last announced its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $2.55 billion for 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 company’s revenue was up 39.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on WELL shares. KeyCorp lifted their price objective on shares of Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, September 23rd. Scotiabank boosted their target price on Welltower from $181.00 to $182.00 and gave the company an “outperform” rating in a research report on Monday, October 6th. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. UBS Group started coverage on Welltower in a report on Friday, September 19th. They set a “buy” rating and a $195.00 price objective for the company. Finally, Wells Fargo & Company lifted their price target on shares of Welltower from $185.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday. 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 given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $186.43.

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.