Ellevest Inc. Grows Stake in Welltower Inc. $WELL

Ellevest Inc. raised its stake in Welltower Inc. (NYSE:WELL) by 6.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,716 shares of the real estate investment trust’s stock after acquiring an additional 414 shares during the quarter. Ellevest Inc.’s holdings in Welltower were worth $1,032,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of WELL. Brighton Jones LLC raised its position in shares of Welltower by 7.1% in the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock valued at $527,000 after purchasing an additional 279 shares during the period. Mutual Advisors LLC raised its position in shares of Welltower by 71.3% in the first quarter. Mutual Advisors LLC now owns 3,504 shares of the real estate investment trust’s stock valued at $515,000 after purchasing an additional 1,459 shares during the period. Capital Investment Advisory Services LLC bought a new stake in shares of Welltower in the first quarter valued at approximately $246,000. World Investment Advisors raised its position in shares of Welltower by 7.3% in the first quarter. World Investment Advisors now owns 2,400 shares of the real estate investment trust’s stock valued at $368,000 after purchasing an additional 164 shares during the period. Finally, Penserra Capital Management LLC raised its position in shares of Welltower by 37.1% in the first quarter. Penserra Capital Management LLC now owns 12,740 shares of the real estate investment trust’s stock valued at $1,950,000 after purchasing an additional 3,449 shares during the period. Institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on WELL. National Bankshares set a $246.00 price target on shares of Welltower in a research report on Friday, October 17th. UBS Group set a $203.00 price target on shares of Welltower in a research report on Wednesday, October 29th. Wall Street Zen lowered shares of Welltower from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Welltower in a report on Wednesday, October 8th. Finally, Scotiabank upped their target price on shares of Welltower from $181.00 to $182.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $187.93.

Welltower Stock Performance

Welltower stock opened at $184.64 on Wednesday. The company has a current ratio of 5.47, a quick ratio of 4.19 and a debt-to-equity ratio of 0.43. Welltower Inc. has a 1-year low of $123.11 and a 1-year high of $189.53. The firm has a market capitalization of $126.72 billion, a PE ratio of 127.34, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92. The firm’s 50 day simple moving average is $172.36 and its 200 day simple moving average is $161.32.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The business had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the previous year, the company earned $1.11 EPS. The business’s quarterly 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. As a group, analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th will be paid a $0.74 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.6%. Welltower’s dividend payout ratio is 204.14%.

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.