May Hill Capital LLC Increases Holdings in Welltower Inc. $WELL

May Hill Capital LLC grew its holdings in Welltower Inc. (NYSE:WELL) by 5.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,380 shares of the real estate investment trust’s stock after acquiring an additional 74 shares during the period. May Hill Capital LLC’s holdings in Welltower were worth $212,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. GWN Securities Inc. purchased a new position in shares of Welltower in the second quarter valued at about $456,000. IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its position in shares of Welltower by 10.3% in the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 10,346 shares of the real estate investment trust’s stock valued at $1,590,000 after acquiring an additional 964 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of Welltower by 20.5% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 148,339 shares of the real estate investment trust’s stock valued at $22,804,000 after acquiring an additional 25,200 shares in the last quarter. Facet Wealth Inc. bought a new stake in shares of Welltower in the second quarter worth about $211,000. Finally, Transcend Capital Advisors LLC bought a new stake in shares of Welltower in the second quarter worth about $227,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on WELL shares. Wells Fargo & Company lifted their target price on Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. KeyCorp lifted their target price on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. UBS Group reaffirmed a “buy” rating on shares of Welltower in a report on Tuesday. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Welltower in a report on Tuesday. Finally, Evercore ISI lifted 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $186.43.

Welltower Trading Down 1.4%

Shares of NYSE WELL opened at $180.05 on Wednesday. The business’s 50 day moving average is $170.79 and its two-hundred day moving average is $159.97. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. Welltower Inc. has a 1-year low of $123.11 and a 1-year high of $189.53. The stock has a market capitalization of $120.42 billion, a P/E ratio of 124.17, a PEG ratio of 2.04 and a beta of 0.92.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.04. Welltower had a return on equity of 2.80% and a net margin of 9.69%.The company had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.70 billion. During the same period in the previous year, the firm posted $1.11 earnings per share. The firm’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. As a group, research analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th will be paid a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, November 10th. Welltower’s payout ratio is presently 167.23%.

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.