Charles Schwab Investment Management Inc. Grows Stock Position in Welltower Inc. $WELL

Charles Schwab Investment Management Inc. grew its holdings in Welltower Inc. (NYSE:WELL) by 5.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,329,291 shares of the real estate investment trust’s stock after acquiring an additional 372,697 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Welltower were worth $1,126,732,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Zions Bancorporation National Association UT boosted its stake in Welltower by 4.2% in the 2nd quarter. Zions Bancorporation National Association UT now owns 1,604 shares of the real estate investment trust’s stock worth $247,000 after purchasing an additional 65 shares in the last quarter. Cornerstone Wealth Group LLC raised its holdings in shares of Welltower by 4.7% in the second quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock worth $225,000 after buying an additional 66 shares during the last quarter. Rise Advisors LLC lifted its stake in shares of Welltower by 23.3% during the first quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 69 shares during the period. Bridgewater Advisors Inc. grew its holdings in shares of Welltower by 5.1% during the second quarter. Bridgewater Advisors Inc. now owns 1,461 shares of the real estate investment trust’s stock valued at $242,000 after buying an additional 71 shares during the last quarter. Finally, Orion Capital Management LLC increased its position in shares of Welltower by 5.6% in the 2nd quarter. Orion Capital Management LLC now owns 1,362 shares of the real estate investment trust’s stock valued at $209,000 after acquiring an additional 72 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Up 1.2%

Shares of WELL opened at $199.90 on Friday. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $201.42. The company has a quick ratio of 4.19, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $137.20 billion, a price-to-earnings ratio of 137.86, a PEG ratio of 1.93 and a beta of 0.92. The stock’s 50-day moving average price is $178.94 and its 200-day moving average price is $165.27.

Welltower (NYSE:WELL) last announced 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 company had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same period last year, the business earned $1.11 earnings per share. Welltower’s quarterly revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, sell-side analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Tuesday, November 11th were issued a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a yield of 1.5%. Welltower’s dividend payout ratio is 204.14%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Saturday. Weiss Ratings restated a “buy (b-)” rating on shares of Welltower in a research note on Wednesday. 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. Morgan Stanley increased their price target on shares of Welltower from $170.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, National Bankshares set a $246.00 price target on shares of Welltower in a research report 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 issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $192.73.

Welltower Company 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.