Chicago Partners Investment Group LLC Raises Stock Position in Welltower Inc. $WELL

Chicago Partners Investment Group LLC lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 8.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,521 shares of the real estate investment trust’s stock after buying an additional 120 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Welltower were worth $246,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Cornerstone Wealth Group LLC raised its position in Welltower by 4.7% in the 2nd quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock valued at $225,000 after purchasing an additional 66 shares during the last quarter. Rise Advisors LLC raised its position in Welltower by 23.3% in the 1st quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 69 shares during the last quarter. Sound View Wealth Advisors Group LLC raised its position in Welltower by 2.0% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust’s stock valued at $558,000 after purchasing an additional 73 shares during the last quarter. SJS Investment Consulting Inc. raised its position in Welltower by 7.8% in the 2nd quarter. SJS Investment Consulting Inc. now owns 1,009 shares of the real estate investment trust’s stock valued at $155,000 after purchasing an additional 73 shares during the last quarter. Finally, Catalyst Financial Partners LLC raised its position in Welltower by 4.3% in the 1st quarter. Catalyst Financial Partners LLC now owns 1,854 shares of the real estate investment trust’s stock valued at $284,000 after purchasing an additional 77 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

NYSE:WELL opened at $178.04 on Friday. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. Welltower Inc. has a fifty-two week low of $123.11 and a fifty-two week high of $180.40. The stock has a market cap of $119.08 billion, a PE ratio of 100.59, a price-to-earnings-growth ratio of 1.97 and a beta of 0.92. The firm’s fifty day simple moving average is $170.05 and its 200-day simple moving average is $159.14.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The business had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.49 billion. During the same period in the prior year, the company posted $1.05 EPS. The business’s revenue for the quarter was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were paid a dividend of $0.74 per share. This is a boost from Welltower’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.7%. Welltower’s dividend payout ratio is currently 167.23%.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Scotiabank upped their price target on shares of Welltower from $181.00 to $182.00 and gave the company an “outperform” rating in a research report on Monday, October 6th. KeyCorp upped their price objective on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Welltower in a research report on Friday. Evercore ISI upped their price objective on shares of Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. Finally, Cantor Fitzgerald began coverage on shares of Welltower in a research report on Wednesday, October 1st. They set an “overweight” rating and a $195.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and an average price target of $186.43.

Welltower Profile

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.