Warwick Investment Management Inc. Acquires Shares of 2,770 Welltower Inc. $WELL

Warwick Investment Management Inc. bought a new position in shares of Welltower Inc. (NYSE:WELL) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,770 shares of the real estate investment trust’s stock, valued at approximately $493,000.

Several other institutional investors have also modified their holdings of the business. Global Wealth Strategies & Associates purchased a new stake in Welltower during the 3rd quarter worth approximately $36,000. Newbridge Financial Services Group Inc. boosted its stake in shares of Welltower by 39.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 87 shares during the last quarter. Copia Wealth Management acquired a new stake in shares of Welltower during the second quarter worth approximately $51,000. NewSquare Capital LLC increased its stake in shares of Welltower by 30.2% in the second quarter. NewSquare Capital LLC now owns 362 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 84 shares during the last quarter. Finally, Salomon & Ludwin LLC acquired a new stake in Welltower in the third quarter valued at $59,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of WELL stock opened at $186.12 on Friday. The company has a market cap of $127.74 billion, a P/E ratio of 128.36, a PEG ratio of 1.31 and a beta of 0.86. The business has a 50 day moving average of $192.61 and a two-hundred day moving average of $175.57. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $209.05. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43.

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 the consensus estimate of $1.30 by $0.04. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The business had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter last year, the business posted $1.11 EPS. The business’s revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. National Bankshares set a $246.00 target price on shares of Welltower in a research report on Friday, October 17th. Jefferies Financial Group reiterated a “buy” rating and issued a $231.00 price target on shares of Welltower in a research note on Monday, December 15th. Cantor Fitzgerald restated an “overweight” rating and set a $204.00 price objective on shares of Welltower in a research note on Monday, January 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Welltower in a report on Monday, December 29th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $205.00 target price on shares of Welltower in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $204.80.

Welltower Company Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.