Dorsey Wright & Associates Decreases Stock Holdings in Welltower Inc. $WELL

Dorsey Wright & Associates lessened its stake in Welltower Inc. (NYSE:WELL) by 4.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 10,006 shares of the real estate investment trust’s stock after selling 449 shares during the quarter. Dorsey Wright & Associates’ holdings in Welltower were worth $1,538,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in WELL. Primecap Management Co. CA lifted its position in shares of Welltower by 878.5% during the second quarter. Primecap Management Co. CA now owns 386,509 shares of the real estate investment trust’s stock valued at $59,418,000 after buying an additional 347,009 shares during the last quarter. Wealthspire Advisors LLC raised its stake in shares of Welltower by 12.2% during the 2nd quarter. Wealthspire Advisors LLC now owns 4,127 shares of the real estate investment trust’s stock worth $634,000 after acquiring an additional 449 shares in the last quarter. First American Trust FSB lifted its position in Welltower by 2.8% during the second quarter. First American Trust FSB now owns 4,496 shares of the real estate investment trust’s stock valued at $691,000 after acquiring an additional 124 shares during the last quarter. Empowered Funds LLC boosted its stake in Welltower by 140.1% in the second quarter. Empowered Funds LLC now owns 35,506 shares of the real estate investment trust’s stock valued at $5,458,000 after acquiring an additional 20,716 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. grew its holdings in Welltower by 42.0% in the second quarter. Pinnacle Wealth Planning Services Inc. now owns 3,172 shares of the real estate investment trust’s stock worth $488,000 after purchasing an additional 938 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Performance

Shares of WELL stock opened at $198.55 on Wednesday. The business has a fifty day moving average of $177.17 and a 200 day moving average of $164.38. Welltower Inc. has a 1 year low of $123.11 and a 1 year high of $200.64. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 4.19. The firm has a market capitalization of $136.27 billion, a price-to-earnings ratio of 136.93, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.04. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The business had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the previous year, the business earned $1.11 EPS. The company’s quarterly revenue was up 30.7% compared to the same quarter last year. 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 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th will be given a dividend of $0.74 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a yield of 1.5%. Welltower’s dividend payout ratio (DPR) is currently 204.14%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on WELL. KeyCorp upped their price target on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 23rd. Wells Fargo & Company upped their target price on Welltower from $185.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. Loop Capital set a $196.00 price target on Welltower in a research note on Wednesday, October 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of Welltower in a report on Thursday, November 13th. Finally, Scotiabank boosted their price target on Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a research note on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $190.07.

Welltower Profile

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.