BDF Gestion Purchases New Shares in Welltower Inc. $WELL

BDF Gestion bought a new position in shares of Welltower Inc. (NYSE:WELL) during the 3rd quarter, Holdings Channel reports. The firm bought 15,015 shares of the real estate investment trust’s stock, valued at approximately $2,675,000.

Other institutional investors have also made changes to their positions in the company. Candriam S.C.A. lifted its holdings in Welltower by 2.6% during the 2nd quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock worth $64,058,000 after buying an additional 10,584 shares in the last quarter. State Street Corp raised its position in shares of Welltower by 4.6% during the second quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after acquiring an additional 1,740,196 shares during the last quarter. Federated Hermes Inc. lifted its stake in shares of Welltower by 193.5% during the second quarter. Federated Hermes Inc. now owns 196,453 shares of the real estate investment trust’s stock valued at $30,201,000 after acquiring an additional 129,521 shares during the period. Cbre Investment Management Listed Real Assets LLC lifted its stake in shares of Welltower by 55.6% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock valued at $461,660,000 after acquiring an additional 1,076,293 shares during the period. Finally, Jump Financial LLC bought a new position in Welltower in the first quarter valued at about $1,697,000. 94.80% of the stock is owned by institutional investors.

Welltower Stock Performance

Shares of Welltower stock opened at $186.23 on Friday. The stock’s fifty day simple moving average is $189.43 and its 200 day simple moving average is $171.82. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $127.82 billion, a PE ratio of 128.44, a PEG ratio of 1.49 and a beta of 0.84. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $209.05.

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, topping the consensus estimate of $1.30 by $0.04. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The company’s revenue for the quarter was up 30.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, research analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, November 10th. Welltower’s dividend payout ratio (DPR) is 204.14%.

Wall Street Analyst Weigh In

Several analysts have weighed in on WELL shares. Jefferies Financial Group reissued a “buy” rating and set a $231.00 price objective on shares of Welltower in a report on Monday. Weiss Ratings reissued a “buy (b-)” rating on shares of Welltower in a research note on Monday. UBS Group increased their price objective on shares of Welltower from $203.00 to $232.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Scotiabank lifted their target price on shares of Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $204.80.

Welltower Company Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.