Resonant Capital Advisors LLC Makes New $305,000 Investment in Welltower Inc. $WELL

Resonant Capital Advisors LLC bought a new position in shares of Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,985 shares of the real estate investment trust’s stock, valued at approximately $305,000.

Other large investors also recently bought and sold shares of the company. SouthState Corp grew its position 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 purchasing an additional 148 shares during the last quarter. Wealth Preservation Advisors LLC purchased a new stake in Welltower during the 1st quarter worth approximately $27,000. Smallwood Wealth Investment Management LLC purchased a new stake in Welltower during the 1st quarter worth approximately $28,000. Hughes Financial Services LLC purchased a new stake in Welltower during the 1st quarter worth 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. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

WELL opened at $182.56 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. The firm has a fifty day moving average price of $170.45 and a 200 day moving average price of $159.71. Welltower Inc. has a 1 year low of $123.11 and a 1 year high of $182.87. The stock has a market cap of $122.10 billion, a P/E ratio of 103.14, a P/E/G ratio of 1.99 and a beta of 0.92.

Welltower (NYSE:WELL) last posted its 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. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The firm had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same period in the previous year, the business posted $1.11 EPS. The business’s revenue was up 30.7% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Equities research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Wells Fargo & Company lifted their price objective on shares of Welltower from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, October 21st. UBS Group assumed coverage on shares of Welltower in a research note on Friday, September 19th. They set a “buy” rating and a $195.00 price objective for the company. Weiss Ratings restated a “buy (b)” rating on shares of Welltower in a research note on Wednesday, October 8th. 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. Finally, Scotiabank lifted their price objective on shares of Welltower from $181.00 to $182.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Welltower has an average rating of “Moderate Buy” and an average price target of $186.43.

About Welltower

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.