Welltower Inc. $WELL Shares Bought by World Investment Advisors

World Investment Advisors grew its stake in Welltower Inc. (NYSE:WELL) by 460.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 12,296 shares of the real estate investment trust’s stock after buying an additional 10,101 shares during the quarter. World Investment Advisors’ holdings in Welltower were worth $2,191,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in Welltower in the second quarter worth approximately $4,903,554,000. State Street Corp raised its holdings in shares of Welltower by 4.6% in the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock valued at $6,090,212,000 after purchasing an additional 1,740,196 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Welltower by 27.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,728,921 shares of the real estate investment trust’s stock valued at $724,518,000 after purchasing an additional 1,030,599 shares in the last quarter. Balyasny Asset Management L.P. lifted its position in shares of Welltower by 241.5% during the 2nd quarter. Balyasny Asset Management L.P. now owns 1,241,145 shares of the real estate investment trust’s stock worth $190,801,000 after purchasing an additional 877,725 shares during the last quarter. Finally, Strs Ohio acquired a new position in shares of Welltower during the first quarter worth $118,453,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Stock Performance

NYSE:WELL opened at $187.80 on Friday. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $128.89 billion, a P/E ratio of 129.52, a price-to-earnings-growth ratio of 1.49 and a beta of 0.84. The firm has a 50-day moving average price of $191.03 and a two-hundred day moving average price of $173.18. Welltower Inc. has a twelve month low of $123.11 and a twelve month high of $209.05.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $2.70 billion. During the same period in the prior year, the business earned $1.11 earnings per share. The company’s quarterly 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, research analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

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

Analysts Set New Price Targets

A number of research firms have weighed in on WELL. KeyCorp raised their price target on Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, September 23rd. Evercore ISI lifted their target price on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. Morgan Stanley lifted their price objective on shares of Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $205.00 price objective on shares of Welltower in a research report on Thursday, December 18th. Finally, Cantor Fitzgerald lifted their price objective on Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $204.80.

Welltower 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.