SJS Investment Consulting Inc. Raises Position in Welltower Inc. $WELL

SJS Investment Consulting Inc. raised its position in shares of Welltower Inc. (NYSE:WELL) by 400.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,053 shares of the real estate investment trust’s stock after acquiring an additional 4,044 shares during the quarter. SJS Investment Consulting Inc.’s holdings in Welltower were worth $900,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Welltower during the second quarter valued at approximately $4,903,554,000. State Street Corp raised its holdings in Welltower by 4.6% in 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 purchasing an additional 1,740,196 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Welltower by 27.9% during the first quarter. Goldman Sachs Group Inc. now owns 4,728,921 shares of the real estate investment trust’s stock valued at $724,518,000 after buying an additional 1,030,599 shares during the period. Balyasny Asset Management L.P. boosted its holdings in shares of Welltower by 241.5% during the 2nd quarter. Balyasny Asset Management L.P. now owns 1,241,145 shares of the real estate investment trust’s stock valued at $190,801,000 after buying an additional 877,725 shares in the last quarter. Finally, Strs Ohio bought a new stake in shares of Welltower during the 1st quarter valued at $118,453,000. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Down 1.3%

Shares of NYSE WELL opened at $185.55 on Friday. The firm’s 50 day moving average price is $191.90 and its 200-day moving average price is $174.02. Welltower Inc. has a 52-week low of $123.11 and a 52-week high of $209.05. The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.47 and a current ratio of 5.47. The company has a market cap of $127.35 billion, a PE ratio of 127.97, a P/E/G ratio of 1.47 and a beta of 0.86.

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. The company 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 firm’s quarterly revenue was up 30.7% compared to the same quarter last year. 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, equities research analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on WELL shares. UBS Group lifted their price target on shares of Welltower from $203.00 to $232.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Cantor Fitzgerald raised their target price on shares of Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Morgan Stanley lifted their target price on shares of Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. Jefferies Financial Group reissued a “buy” rating and issued a $231.00 price target on shares of Welltower in a research report on Monday, December 15th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $205.00 price target on shares of Welltower in a research note on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $204.80.

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.