Vise Technologies Inc. Purchases New Position in Welltower Inc. $WELL

Vise Technologies Inc. acquired a new stake in shares of Welltower Inc. (NYSE:WELL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 33,166 shares of the real estate investment trust’s stock, valued at approximately $5,099,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. SouthState Corp grew its position in Welltower by 704.8% in the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 148 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new stake in Welltower during the first quarter valued at approximately $27,000. Hughes Financial Services LLC bought a new stake in shares of Welltower in the 1st quarter valued at approximately $31,000. N.E.W. Advisory Services LLC purchased a new position in shares of Welltower in the 1st quarter worth approximately $32,000. Finally, WPG Advisers LLC bought a new position in shares of Welltower during the 1st quarter valued at approximately $34,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. National Bankshares set a $246.00 price objective on shares of Welltower in a research report on Friday, October 17th. Cantor Fitzgerald boosted their target price on Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, October 28th. Evercore ISI upped their target price on Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research note on Monday, September 15th. Finally, KeyCorp raised their price target on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $187.93.

Welltower Stock Performance

Shares of NYSE WELL opened at $190.53 on Monday. The company has a 50 day simple moving average of $173.59 and a two-hundred day simple moving average of $162.21. The stock has a market cap of $130.76 billion, a price-to-earnings ratio of 131.40, a PEG ratio of 1.93 and a beta of 0.92. 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 12 month low of $123.11 and a 12 month high of $190.68.

Welltower (NYSE:WELL) last announced its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.04. The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The business’s quarterly revenue was up 30.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

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

Welltower Company 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.