Osaic Holdings Inc. Increases Holdings in Welltower Inc. $WELL

Osaic Holdings Inc. raised its stake in Welltower Inc. (NYSE:WELL) by 18.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 76,869 shares of the real estate investment trust’s stock after buying an additional 12,146 shares during the quarter. Osaic Holdings Inc.’s holdings in Welltower were worth $11,825,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Orion Porfolio Solutions LLC boosted its position in shares of Welltower by 13.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 24,044 shares of the real estate investment trust’s stock valued at $3,696,000 after acquiring an additional 2,827 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH purchased a new position in Welltower during the second quarter worth about $2,753,000. Neuberger Berman Group LLC raised its stake in Welltower by 15.1% during the second quarter. Neuberger Berman Group LLC now owns 778,419 shares of the real estate investment trust’s stock worth $119,666,000 after purchasing an additional 102,147 shares during the period. Stance Capital LLC boosted its holdings in Welltower by 36.5% in the 2nd quarter. Stance Capital LLC now owns 15,992 shares of the real estate investment trust’s stock valued at $2,458,000 after purchasing an additional 4,276 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in shares of Welltower in the 2nd quarter valued at approximately $432,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on WELL shares. Jefferies Financial Group reaffirmed a “buy” rating and set a $231.00 price target on shares of Welltower in a research report on Monday. KeyCorp raised their target price on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. Evercore ISI upped their price target on Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research note on Monday, September 15th. Wells Fargo & Company raised their price objective on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. Finally, Wall Street Zen lowered shares of Welltower from a “hold” rating to a “sell” rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $204.80.

Welltower Trading Down 0.7%

WELL opened at $186.23 on Friday. 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. The business has a fifty day simple moving average of $189.43 and a 200-day simple moving average of $171.82. The firm has a market cap of $127.82 billion, a P/E ratio of 128.44, a P/E/G ratio of 1.49 and a beta of 0.84.

Welltower (NYSE:WELL) last posted its 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 firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same quarter in the prior year, the company earned $1.11 EPS. Welltower’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. On average, equities analysts expect that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently disclosed 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 1.6%. Welltower’s dividend payout ratio (DPR) is presently 204.14%.

About Welltower

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.