Premier Path Wealth Partners LLC Boosts Stock Position in Welltower Inc. $WELL

Premier Path Wealth Partners LLC lifted its stake in Welltower Inc. (NYSE:WELL) by 2.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,535 shares of the real estate investment trust’s stock after acquiring an additional 108 shares during the period. Premier Path Wealth Partners LLC’s holdings in Welltower were worth $697,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Several analysts have issued reports on WELL shares. Scotiabank increased their target price on shares of Welltower from $181.00 to $182.00 and gave the stock an “outperform” rating in a research note on Monday, October 6th. National Bankshares set a $246.00 price target on shares of Welltower in a report on Friday, October 17th. UBS Group set a $203.00 price objective on Welltower in a research report on Wednesday. Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of Welltower in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $187.60.

Welltower Stock Up 2.3%

WELL opened at $181.03 on Friday. The business’s fifty day simple moving average is $171.30 and its 200 day simple moving average is $160.36. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $189.53. 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 stock has a market cap of $124.24 billion, a PE ratio of 124.85, a P/E/G ratio of 1.93 and a beta of 0.92.

Welltower (NYSE:WELL) last issued 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. The firm had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The company’s revenue was up 30.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, research analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th will be given 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 is Monday, November 10th. Welltower’s dividend payout ratio (DPR) is presently 167.23%.

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.