Atria Investments Inc Raises Stock Position in Welltower Inc. $WELL

Atria Investments Inc increased its holdings in Welltower Inc. (NYSE:WELL) by 26.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,918 shares of the real estate investment trust’s stock after acquiring an additional 10,326 shares during the quarter. Atria Investments Inc’s holdings in Welltower were worth $7,520,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of WELL. Brighton Jones LLC raised its position in Welltower by 7.1% in the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock valued at $527,000 after purchasing an additional 279 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Welltower by 3.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 52,125 shares of the real estate investment trust’s stock valued at $8,035,000 after purchasing an additional 1,595 shares during the last quarter. Mather Group LLC. raised its position in Welltower by 11.8% in the 1st quarter. Mather Group LLC. now owns 2,296 shares of the real estate investment trust’s stock valued at $352,000 after purchasing an additional 243 shares during the last quarter. Vontobel Holding Ltd. raised its position in Welltower by 68.3% in the 1st quarter. Vontobel Holding Ltd. now owns 24,605 shares of the real estate investment trust’s stock valued at $3,770,000 after purchasing an additional 9,987 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its position in Welltower by 2.2% in the 1st quarter. DAVENPORT & Co LLC now owns 4,775 shares of the real estate investment trust’s stock valued at $732,000 after purchasing an additional 103 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Up 0.1%

Shares of Welltower stock opened at $180.99 on Friday. The company has a market cap of $124.22 billion, a P/E ratio of 124.82, a PEG ratio of 1.93 and a beta of 0.92. The company has a debt-to-equity ratio of 0.43, a quick ratio of 4.19 and a current ratio of 5.47. Welltower Inc. has a one year low of $123.11 and a one year high of $189.53. The firm has a fifty day moving average of $171.64 and a two-hundred day moving average of $160.61.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.04. The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The business’s revenue was up 30.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th will be issued a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, November 10th. Welltower’s dividend payout ratio (DPR) is currently 204.14%.

Wall Street Analyst Weigh In

WELL has been the subject of several research reports. Evercore ISI upped their price target on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research report on Monday, September 15th. UBS Group set a $203.00 price objective on shares of Welltower in a research report on Wednesday. Loop Capital set a $196.00 price objective on shares of Welltower in a research report on Wednesday. National Bankshares set a $246.00 price objective on shares of Welltower in a research report on Friday, October 17th. Finally, Wells Fargo & Company upped their price objective on shares of Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. One 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. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $187.93.

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.