Jackson Square Capital LLC Has $876,000 Stock Position in Welltower Inc. $WELL

Jackson Square Capital LLC boosted its holdings in Welltower Inc. (NYSE:WELL) by 133.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,918 shares of the real estate investment trust’s stock after acquiring an additional 2,814 shares during the period. Jackson Square Capital LLC’s holdings in Welltower were worth $876,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of WELL. AdvisorNet Financial Inc lifted its position in Welltower by 89.5% during the third quarter. AdvisorNet Financial Inc now owns 1,423 shares of the real estate investment trust’s stock worth $254,000 after acquiring an additional 672 shares during the last quarter. Centurion Wealth Management LLC acquired a new position in shares of Welltower during the 3rd quarter worth approximately $224,000. BDF Gestion bought a new stake in shares of Welltower in the third quarter valued at approximately $2,675,000. Dynamic Advisor Solutions LLC increased its stake in Welltower by 3.6% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,934 shares of the real estate investment trust’s stock worth $345,000 after acquiring an additional 68 shares during the period. Finally, Whalen Wealth Management Inc. bought a new stake in shares of Welltower during the 3rd quarter valued at $205,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on WELL shares. Evercore ISI raised their price target on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. KeyCorp upped their price target on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. Wall Street Zen downgraded Welltower from a “hold” rating to a “sell” rating in a research report on Saturday. Wells Fargo & Company raised their price target on shares of Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $231.00 target price on shares of Welltower in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $204.80.

Welltower Stock Down 0.7%

Shares of NYSE WELL opened at $186.23 on Friday. The company has a 50 day simple moving average of $189.43 and a 200 day simple moving average of $171.82. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 5.47. Welltower Inc. has a 1 year low of $123.11 and a 1 year high of $209.05. The firm has a market cap of $127.82 billion, a PE ratio of 128.44, a price-to-earnings-growth ratio of 1.49 and a beta of 0.84.

Welltower (NYSE:WELL) last released its quarterly 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. The firm 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 company’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, research analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

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

About Welltower

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.