Mattson Financial Services LLC Invests $1.14 Million in Welltower Inc. $WELL

Mattson Financial Services LLC bought a new stake in Welltower Inc. (NYSE:WELL) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,387 shares of the real estate investment trust’s stock, valued at approximately $1,138,000.

A number of other large investors have also recently bought and sold shares of WELL. Norges Bank acquired a new position in shares of Welltower in the second quarter worth $4,903,554,000. State Street Corp increased its position in Welltower by 4.6% during the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after purchasing an additional 1,740,196 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in 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 during the last quarter. Balyasny Asset Management L.P. raised its stake in Welltower by 241.5% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,241,145 shares of the real estate investment trust’s stock valued at $190,801,000 after purchasing an additional 877,725 shares during the last quarter. Finally, Strs Ohio purchased a new position in Welltower in the 1st quarter valued at about $118,453,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. UBS Group lifted their price target on shares of Welltower from $203.00 to $232.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. Evercore ISI increased their price target on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. Wall Street Zen downgraded Welltower from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $205.00 target price on shares of Welltower in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $204.80.

Welltower Stock Up 0.1%

Shares of NYSE WELL opened at $187.80 on Monday. The stock has a market capitalization of $128.89 billion, a PE ratio of 129.52, a P/E/G ratio of 1.49 and a beta of 0.84. 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 firm has a fifty day moving average of $191.03 and a 200-day moving average of $173.34. Welltower Inc. has a 52-week low of $123.11 and a 52-week high of $209.05.

Welltower (NYSE:WELL) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $2.70 billion. During the same quarter last year, the firm earned $1.11 earnings per share. The firm’s revenue for the quarter was up 30.7% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were issued a dividend of $0.74 per share. The ex-dividend date was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.6%. Welltower’s payout ratio 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.