Stevens Capital Management LP Grows Position in Welltower Inc. $WELL

Stevens Capital Management LP boosted its stake in shares of Welltower Inc. (NYSE:WELL) by 36.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,989 shares of the real estate investment trust’s stock after acquiring an additional 10,932 shares during the quarter. Welltower comprises 1.7% of Stevens Capital Management LP’s investment portfolio, making the stock its 11th biggest holding. Stevens Capital Management LP’s holdings in Welltower were worth $6,301,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Nuveen LLC acquired a new position in Welltower in the 1st quarter valued at about $762,204,000. Price T Rowe Associates Inc. MD increased its stake in 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 valued at $1,367,226,000 after purchasing an additional 2,622,384 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Welltower by 14.0% in 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 acquiring an additional 2,614,562 shares during the period. Cbre Investment Management Listed Real Assets LLC increased its stake in Welltower by 55.6% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock valued at $461,660,000 after buying an additional 1,076,293 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of Welltower by 65.2% in the 1st quarter. Ameriprise Financial Inc. now owns 2,648,557 shares of the real estate investment trust’s stock worth $399,314,000 after purchasing an additional 1,045,507 shares in the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Loop Capital set a $196.00 price target on shares of Welltower in a report on Wednesday, October 29th. Cantor Fitzgerald raised their price target on Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Welltower in a research report on Wednesday. National Bankshares set a $246.00 target price on Welltower in a report on Friday, October 17th. Finally, Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a research report on Saturday. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $192.73.

Welltower Trading Up 1.2%

NYSE:WELL opened at $199.90 on Friday. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $201.42. The firm has a market capitalization of $137.20 billion, a P/E ratio of 137.86, a P/E/G ratio of 1.93 and a beta of 0.92. 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 company has a fifty day moving average of $178.94 and a 200 day moving average of $165.17.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share 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 for the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the prior year, the company earned $1.11 earnings per share. 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. On average, research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were paid a $0.74 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. Welltower’s dividend payout ratio is currently 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.