Saturna Capital Corp Purchases New Stake in Welltower Inc. $WELL

Saturna Capital Corp purchased a new stake in shares of Welltower Inc. (NYSE:WELL) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,195 shares of the real estate investment trust’s stock, valued at approximately $799,000.

Several other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC lifted 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 acquiring an additional 279 shares in the last quarter. IFP Advisors Inc raised its stake in shares of Welltower by 71.3% in the first quarter. IFP Advisors Inc now owns 2,444 shares of the real estate investment trust’s stock worth $374,000 after purchasing an additional 1,017 shares during the last quarter. J.W. Cole Advisors Inc. lifted its holdings in shares of Welltower by 198.6% in the first quarter. J.W. Cole Advisors Inc. now owns 11,310 shares of the real estate investment trust’s stock valued at $1,733,000 after purchasing an additional 7,522 shares in the last quarter. Lindbrook Capital LLC boosted its position in shares of Welltower by 6.2% during the first quarter. Lindbrook Capital LLC now owns 2,717 shares of the real estate investment trust’s stock valued at $416,000 after buying an additional 158 shares during the last quarter. Finally, Wealth Alliance LLC boosted its position in shares of Welltower by 8.4% during the first quarter. Wealth Alliance LLC now owns 2,052 shares of the real estate investment trust’s stock valued at $314,000 after buying an additional 159 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Up 0.7%

Welltower stock opened at $198.55 on Wednesday. The firm has a 50 day moving average price of $177.17 and a 200-day moving average price of $164.38. Welltower Inc. has a twelve month low of $123.11 and a twelve month high of $200.64. The company has a market capitalization of $136.27 billion, a P/E ratio of 136.93, a P/E/G ratio of 1.93 and a beta of 0.92. The company has a quick ratio of 4.19, a current ratio of 5.47 and a debt-to-equity ratio of 0.43.

Welltower (NYSE:WELL) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) 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 firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same period in the previous year, the company posted $1.11 earnings per share. The business’s revenue 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, equities analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The firm also recently announced 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. This represents a $2.96 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, November 10th. Welltower’s dividend payout ratio (DPR) is currently 204.14%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on WELL shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Welltower in a research report on Thursday, November 13th. Scotiabank increased their target price on shares of Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a report on Thursday, November 13th. Evercore ISI boosted their price target on shares of Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. Finally, National Bankshares set a $246.00 target price on Welltower in a research note on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $190.07.

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.