DekaBank Deutsche Girozentrale Has $58.31 Million Stock Position in Welltower Inc. $WELL

DekaBank Deutsche Girozentrale lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 0.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 382,262 shares of the real estate investment trust’s stock after purchasing an additional 3,115 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Welltower were worth $58,313,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC lifted its stake in Welltower by 3.9% in the first quarter. LPL Financial LLC now owns 258,052 shares of the real estate investment trust’s stock valued at $39,536,000 after acquiring an additional 9,678 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC increased its stake in shares of Welltower by 55.6% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock worth $461,660,000 after purchasing an additional 1,076,293 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Welltower in the 1st quarter valued at about $1,697,000. Beacon Financial Planning Inc. lifted its stake in Welltower by 6.8% in the 1st quarter. Beacon Financial Planning Inc. now owns 27,893 shares of the real estate investment trust’s stock valued at $4,274,000 after purchasing an additional 1,780 shares during the last quarter. Finally, Summit Trail Advisors LLC grew its holdings in Welltower by 61.4% during the first quarter. Summit Trail Advisors LLC now owns 6,756 shares of the real estate investment trust’s stock worth $1,035,000 after purchasing an additional 2,571 shares during the period. 94.80% of the stock is owned by institutional investors.

Welltower Price Performance

Shares of NYSE WELL opened at $175.12 on Wednesday. The firm has a market cap of $117.13 billion, a P/E ratio of 98.94, a price-to-earnings-growth ratio of 1.99 and a beta of 0.92. The business’s 50 day moving average is $169.21 and its 200-day moving average is $158.47. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44. Welltower Inc. has a 1-year low of $123.11 and a 1-year high of $180.40.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The company’s revenue for the quarter was up 39.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Equities research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were given a dividend of $0.74 per share. This is a positive change from Welltower’s previous quarterly dividend of $0.67. This represents a $2.96 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, August 12th. Welltower’s payout ratio is 167.23%.

Analyst Ratings Changes

WELL has been the topic of several research analyst reports. Cantor Fitzgerald started coverage on Welltower in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $195.00 price objective on the stock. Evercore ISI boosted their target price on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Weiss Ratings restated a “buy (b)” rating on shares of Welltower in a research note on Wednesday, October 8th. Scotiabank lifted their price objective on shares of Welltower from $181.00 to $182.00 and gave the stock an “outperform” rating in a research report on Monday, October 6th. Finally, Wells Fargo & Company upped their price objective on shares of Welltower from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus price target of $186.43.

About Welltower

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.