Welltower Inc. $WELL Shares Bought by Vert Asset Management LLC

Vert Asset Management LLC raised its stake in shares of Welltower Inc. (NYSE:WELL) by 3.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,765 shares of the real estate investment trust’s stock after purchasing an additional 4,340 shares during the period. Welltower accounts for 8.3% of Vert Asset Management LLC’s holdings, making the stock its biggest position. Vert Asset Management LLC’s holdings in Welltower were worth $24,541,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Sachetta LLC lifted its stake in Welltower by 14.9% in the 3rd quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock valued at $80,000 after buying an additional 58 shares in the last quarter. PDS Planning Inc raised its holdings in shares of Welltower by 1.4% during the third quarter. PDS Planning Inc now owns 4,326 shares of the real estate investment trust’s stock valued at $771,000 after acquiring an additional 59 shares during the last quarter. Values First Advisors Inc. raised its holdings in shares of Welltower by 1.0% during the third quarter. Values First Advisors Inc. now owns 6,229 shares of the real estate investment trust’s stock valued at $1,110,000 after acquiring an additional 62 shares during the last quarter. Zions Bancorporation National Association UT lifted its position in shares of Welltower by 4.2% in the second quarter. Zions Bancorporation National Association UT now owns 1,604 shares of the real estate investment trust’s stock valued at $247,000 after acquiring an additional 65 shares in the last quarter. Finally, Cornerstone Wealth Group LLC lifted its position in shares of Welltower by 4.7% in the second quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock valued at $225,000 after acquiring an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

WELL has been the subject of several research reports. Cantor Fitzgerald reiterated an “overweight” rating and set a $204.00 price target on shares of Welltower in a research report on Monday, January 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Welltower in a report on Monday, December 29th. Morgan Stanley increased their target price on shares of Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. National Bankshares set a $246.00 price target on shares of Welltower in a research report on Friday, October 17th. Finally, Wells Fargo & Company upped their price target on Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and an average target price of $204.80.

Welltower Trading Down 1.2%

Shares of Welltower stock traded down $2.36 during mid-day trading on Tuesday, hitting $189.02. The stock had a trading volume of 277,342 shares, compared to its average volume of 2,527,224. The firm has a 50-day moving average of $192.82 and a two-hundred day moving average of $177.26. The firm has a market cap of $129.73 billion, a P/E ratio of 130.20, a price-to-earnings-growth ratio of 1.38 and a beta of 0.86. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. Welltower Inc. has a 12-month low of $129.62 and a 12-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. The firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The business’s revenue for the quarter was up 30.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Sell-side analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were paid a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, November 10th. Welltower’s dividend payout ratio is 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.