Great Diamond Partners LLC Boosts Stake in Welltower Inc. $WELL

Great Diamond Partners LLC increased its position in shares of Welltower Inc. (NYSE:WELL) by 15.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,729 shares of the real estate investment trust’s stock after buying an additional 2,710 shares during the quarter. Great Diamond Partners LLC’s holdings in Welltower were worth $3,515,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of 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 during the period. WPG Advisers LLC acquired a new stake in Welltower during the 1st quarter worth approximately $34,000. Evergreen Capital Management LLC grew its stake in shares of Welltower by 4.0% in the 1st quarter. Evergreen Capital Management LLC now owns 3,601 shares of the real estate investment trust’s stock valued at $552,000 after purchasing an additional 140 shares during the last quarter. DRW Securities LLC acquired a new position in shares of Welltower in the first quarter valued at approximately $1,081,000. Finally, Flputnam Investment Management Co. lifted its holdings in shares of Welltower by 3.4% during the first quarter. Flputnam Investment Management Co. now owns 3,976 shares of the real estate investment trust’s stock worth $609,000 after purchasing an additional 131 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Welltower in a research note on Monday, December 22nd. Wells Fargo & Company boosted their price target on shares of Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Morgan Stanley lifted their price objective on Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. UBS Group increased their target price on Welltower from $203.00 to $232.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Finally, Loop Capital set a $196.00 price target on Welltower in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and an average price target of $204.80.

Welltower Stock Up 0.9%

WELL stock opened at $189.54 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 5.47. The company’s 50 day simple moving average is $191.27 and its 200-day simple moving average is $173.61. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $209.05. The firm has a market capitalization of $130.09 billion, a PE ratio of 130.72, a P/E/G ratio of 1.49 and a beta of 0.84.

Welltower (NYSE:WELL) last posted its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.04. The firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.Welltower’s revenue was up 30.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Equities analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

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

Welltower 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.