Gladstone Institutional Advisory LLC Has $3.89 Million Stake in Welltower Inc. $WELL

Gladstone Institutional Advisory LLC grew its position in Welltower Inc. (NYSE:WELL) by 37.4% during the third quarter, HoldingsChannel.com reports. The firm owned 21,843 shares of the real estate investment trust’s stock after buying an additional 5,946 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in Welltower were worth $3,891,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Candriam S.C.A. lifted its position in shares of Welltower by 2.6% during the 2nd quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock valued at $64,058,000 after acquiring an additional 10,584 shares during the period. State Street Corp raised its stake in Welltower by 4.6% in the second 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. Federated Hermes Inc. lifted its position in Welltower by 193.5% during the second quarter. Federated Hermes Inc. now owns 196,453 shares of the real estate investment trust’s stock worth $30,201,000 after purchasing an additional 129,521 shares during the period. Vanguard Personalized Indexing Management LLC lifted its position in Welltower by 15.6% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 75,888 shares of the real estate investment trust’s stock worth $11,668,000 after purchasing an additional 10,269 shares during the period. Finally, Blue Capital Inc. acquired a new stake in Welltower during the second quarter worth about $2,326,000. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Performance

NYSE WELL opened at $185.61 on Wednesday. The firm’s fifty day moving average price is $192.24 and its two-hundred day moving average price is $175.04. The stock has a market cap of $127.39 billion, a PE ratio of 128.01, a PEG ratio of 1.28 and a beta of 0.86. The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.47 and a current ratio of 5.47. Welltower Inc. has a fifty-two week low of $123.11 and a fifty-two week high of $209.05.

Welltower (NYSE:WELL) last released its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, beating 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 company 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. Welltower’s revenue for the quarter 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 EPS for the current fiscal year.

Welltower Announces Dividend

The company 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 is currently 204.14%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on WELL shares. Jefferies Financial Group restated a “buy” rating and issued a $231.00 target price on shares of Welltower in a research report on Monday, December 15th. UBS Group boosted their price objective on shares of Welltower from $203.00 to $232.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Morgan Stanley upped their target price on Welltower from $170.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 20th. Scotiabank lifted their price target on Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a research note on Thursday, November 13th. Finally, KeyCorp boosted their price target on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. One investment 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 assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $205.07.

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.