Cetera Investment Advisers Has $15.82 Million Stock Position in Welltower Inc. $WELL

Cetera Investment Advisers grew its holdings in shares of Welltower Inc. (NYSE:WELL) by 4.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 102,884 shares of the real estate investment trust’s stock after acquiring an additional 4,640 shares during the period. Cetera Investment Advisers’ holdings in Welltower were worth $15,816,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of WELL. Wellington Management Group LLP raised its position in Welltower by 14.0% during the 1st quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock worth $3,261,792,000 after purchasing an additional 2,614,562 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Welltower by 5.1% in the second quarter. Geode Capital Management LLC now owns 15,012,454 shares of the real estate investment trust’s stock valued at $2,303,484,000 after buying an additional 723,887 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Welltower by 41.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock worth $1,367,226,000 after acquiring an additional 2,622,384 shares during the last quarter. Northern Trust Corp raised its position in shares of Welltower by 0.4% during the first quarter. Northern Trust Corp now owns 8,467,221 shares of the real estate investment trust’s stock worth $1,297,263,000 after acquiring an additional 36,725 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Welltower by 7.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,164,840 shares of the real estate investment trust’s stock worth $1,250,935,000 after acquiring an additional 532,135 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Ratings Changes

WELL has been the subject of a number of recent analyst reports. KeyCorp increased their target price on shares of Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, September 23rd. Wells Fargo & Company increased their price objective on shares of Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Scotiabank lifted their target price on shares of Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a research note on Thursday, November 13th. UBS Group set a $203.00 price target on shares of Welltower in a research report on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Welltower in a report on Thursday, November 13th. 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 issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $190.07.

Welltower Stock Down 0.8%

Shares of NYSE WELL opened at $196.80 on Thursday. The company has a quick ratio of 4.19, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. The firm has a market cap of $135.07 billion, a PE ratio of 135.72, a P/E/G ratio of 1.93 and a beta of 0.92. The company’s fifty day simple moving average is $177.74 and its 200 day simple moving average is $164.60. Welltower Inc. has a 12-month low of $123.11 and a 12-month high of $200.64.

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

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th will be issued a $0.74 dividend. The ex-dividend date is Monday, November 10th. This represents a $2.96 annualized dividend and a yield of 1.5%. Welltower’s dividend 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.