Westwood Holdings Group Inc. Acquires New Stake in Welltower Inc. $WELL

Westwood Holdings Group Inc. acquired a new position in shares of Welltower Inc. (NYSE:WELL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 31,248 shares of the real estate investment trust’s stock, valued at approximately $4,804,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WELL. SouthState Corp boosted its stake 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 buying an additional 148 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new position in shares of Welltower in the first quarter valued at about $27,000. N.E.W. Advisory Services LLC purchased a new position in Welltower during the 1st quarter valued at about $32,000. WPG Advisers LLC bought a new position in Welltower during the 1st quarter valued at approximately $34,000. Finally, Saudi Central Bank purchased a new stake in Welltower in the 1st quarter worth approximately $38,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on WELL shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Welltower in a research note on Thursday. Wall Street Zen lowered shares of Welltower from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Scotiabank boosted their price target on shares of Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a research report on Thursday. Finally, Cantor Fitzgerald increased their price target on shares of Welltower from $195.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 28th. One 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and a consensus price target of $190.07.

Welltower Price Performance

Shares of NYSE:WELL opened at $195.00 on Monday. The business has a fifty day moving average price of $176.02 and a 200-day moving average price of $163.71. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 4.19. The company has a market capitalization of $133.83 billion, a PE ratio of 134.89, a PEG ratio of 1.93 and a beta of 0.92. Welltower Inc. has a 1-year low of $123.11 and a 1-year high of $194.83.

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

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors 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 1.5%. Welltower’s dividend payout ratio (DPR) is 204.14%.

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.