Welltower Inc. $WELL Stock Holdings Lifted by One Way Holdings LLC

One Way Holdings LLC grew its stake in Welltower Inc. (NYSE:WELL) by 7.8% during the third quarter, Holdings Channel.com reports. The fund owned 88,494 shares of the real estate investment trust’s stock after purchasing an additional 6,423 shares during the quarter. One Way Holdings LLC’s holdings in Welltower were worth $20,375,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. BlackRock Inc. lifted its position in shares of Welltower by 5.5% in the 2nd quarter. BlackRock Inc. now owns 78,049,214 shares of the real estate investment trust’s stock worth $17,714,830,000 after purchasing an additional 4,045,458 shares during the period. State Street Corp increased its holdings in shares of Welltower by 1.4% in the 2nd quarter. State Street Corp now owns 42,138,810 shares of the real estate investment trust’s stock valued at $9,564,246,000 after acquiring an additional 578,033 shares during the period. Bank of America Corp DE raised its position in shares of Welltower by 6.6% in the 1st quarter. Bank of America Corp DE now owns 21,750,501 shares of the real estate investment trust’s stock worth $4,300,291,000 after acquiring an additional 1,347,243 shares in the last quarter. Principal Financial Group Inc. boosted its position in Welltower by 2.2% during the second quarter. Principal Financial Group Inc. now owns 9,814,621 shares of the real estate investment trust’s stock valued at $2,227,642,000 after purchasing an additional 207,966 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Welltower by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 8,345,022 shares of the real estate investment trust’s stock valued at $1,649,844,000 after purchasing an additional 57,938 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Insider Transactions at Welltower

In other news, Director Andrew Gundlach purchased 5,000 shares of the stock in a transaction on Wednesday, August 26th. The stock was bought at an average price of $242.06 per share, with a total value of $1,210,300.00. Following the transaction, the director owned 30,000 shares in the company, valued at $7,261,800. The trade was a 20.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Purchased indirectly through two trusts. The transaction was executed in multiple trades at prices ranging from $241.59 to $242.59. The reported $242.06 price is the weighted-average purchase price. 0.37% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Barclays lowered their price target on shares of Welltower from $259.00 to $246.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 13th. Weiss Ratings downgraded shares of Welltower from a “buy (b-)” rating to a “hold (c)” rating in a research note on Wednesday. Royal Bank Of Canada lifted their price target on shares of Welltower from $238.00 to $260.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Wells Fargo & Company upped their price target on Welltower from $266.00 to $268.00 and gave the stock an “overweight” rating in a research report on Monday, October 19th. Finally, Cantor Fitzgerald decreased their price objective on Welltower from $260.00 to $258.00 and set an “overweight” rating for the company in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Welltower has an average rating of “Moderate Buy” and an average target price of $259.81.

Welltower Stock Performance

Shares of Welltower stock opened at $234.43 on Monday. The firm has a market capitalization of $171.98 billion, a P/E ratio of 101.48, a PEG ratio of 1.13 and a beta of 0.79. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.39. The company has a 50 day moving average price of $233.51 and a 200 day moving average price of $218.24. Welltower Inc. has a 52 week low of $178.19 and a 52 week high of $255.20.

Welltower (NYSE:WELL) last released its earnings results on Monday, October 26th. The real estate investment trust reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.03. Welltower had a net margin of 12.08% and a return on equity of 3.61%. The company had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter in the previous year, the firm earned $1.34 EPS. Welltower’s revenue was up 38.4% compared to the same quarter last year. Sell-side analysts expect that Welltower Inc. will post 6.49 EPS for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Tuesday, November 10th will be given a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, November 10th. Welltower’s dividend payout ratio is presently 147.19%.

About Welltower

Welltower Inc (NYSE: WELL) is a healthcare-focused real estate investment trust that owns, develops, and manages properties used to provide healthcare and related services. Its portfolio is centered on senior housing communities, outpatient medical facilities, and post-acute care properties, including assets operated by healthcare providers and senior living companies.

The company’s senior housing investments support independent living, assisted living, and memory care services. Its outpatient medical properties accommodate physicians, clinics, and other healthcare providers, while its broader healthcare real estate portfolio is designed to serve demand for care delivered outside traditional hospitals.