Fairfield Financial Advisors LTD Has $5.89 Million Position in Welltower Inc. $WELL

Fairfield Financial Advisors LTD boosted its holdings in Welltower Inc. (NYSE:WELL) by 24.6% in the third quarter, Holdings Channel reports. The institutional investor owned 33,052 shares of the real estate investment trust’s stock after buying an additional 6,533 shares during the period. Welltower accounts for approximately 2.0% of Fairfield Financial Advisors LTD’s holdings, making the stock its 16th largest position. Fairfield Financial Advisors LTD’s holdings in Welltower were worth $5,888,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in WELL. Candriam S.C.A. boosted its holdings in Welltower by 2.6% in the second quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock valued at $64,058,000 after acquiring an additional 10,584 shares during the last quarter. State Street Corp raised its holdings in Welltower by 4.6% during the 2nd 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 during the last quarter. Federated Hermes Inc. lifted its position in shares of Welltower by 193.5% in the 2nd quarter. Federated Hermes Inc. now owns 196,453 shares of the real estate investment trust’s stock worth $30,201,000 after purchasing an additional 129,521 shares during the period. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Welltower by 15.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 75,888 shares of the real estate investment trust’s stock valued at $11,668,000 after purchasing an additional 10,269 shares during the last quarter. Finally, Blue Capital Inc. bought a new stake in shares of Welltower in the 2nd quarter valued at $2,326,000. 94.80% of the stock is owned by institutional investors.

Welltower Trading Down 0.1%

NYSE WELL opened at $186.12 on Friday. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $209.05. The business has a 50 day moving average price of $192.61 and a 200-day moving average price of $175.42. The company has a market cap of $127.74 billion, a price-to-earnings ratio of 128.36, a P/E/G ratio of 1.32 and a beta of 0.86.

Welltower (NYSE:WELL) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $2.70 billion. During the same period last year, the business earned $1.11 EPS. Welltower’s quarterly revenue was up 30.7% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, equities analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

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

Analyst Upgrades and Downgrades

WELL has been the topic of several recent analyst reports. Loop Capital set a $196.00 target price on shares of Welltower in a report on Wednesday, October 29th. UBS Group lowered their price objective on Welltower from $232.00 to $228.00 and set a “buy” rating for the company in a research report on Thursday. Evercore ISI upped their target price on Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research report on Monday, September 15th. KeyCorp lifted their target price on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $205.00 price target on shares of Welltower in a research note on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.