OLD Second National Bank of Aurora Trims Position in Welltower Inc. $WELL

OLD Second National Bank of Aurora lowered its holdings in Welltower Inc. (NYSE:WELL) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,370 shares of the real estate investment trust’s stock after selling 165 shares during the period. OLD Second National Bank of Aurora’s holdings in Welltower were worth $2,209,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. LPL Financial LLC increased its stake in shares of Welltower by 3.9% during the 1st quarter. LPL Financial LLC now owns 258,052 shares of the real estate investment trust’s stock valued at $39,536,000 after acquiring an additional 9,678 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC grew its holdings in Welltower by 55.6% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock valued at $461,660,000 after purchasing an additional 1,076,293 shares during the period. Jump Financial LLC purchased a new stake in Welltower in the first quarter valued at approximately $1,697,000. Beacon Financial Planning Inc. increased its position in Welltower by 6.8% during the first quarter. Beacon Financial Planning Inc. now owns 27,893 shares of the real estate investment trust’s stock worth $4,274,000 after purchasing an additional 1,780 shares during the last quarter. Finally, Summit Trail Advisors LLC raised its stake in Welltower by 61.4% during the first quarter. Summit Trail Advisors LLC now owns 6,756 shares of the real estate investment trust’s stock worth $1,035,000 after purchasing an additional 2,571 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Stock Down 2.1%

Shares of NYSE:WELL opened at $175.65 on Friday. The company has a market capitalization of $117.48 billion, a price-to-earnings ratio of 99.24, a price-to-earnings-growth ratio of 2.02 and a beta of 0.92. The company has a 50 day moving average of $167.78 and a two-hundred day moving average of $156.47. Welltower Inc. has a 52-week low of $122.34 and a 52-week high of $180.40. 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 (NYSE:WELL) last announced its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.06. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.49 billion. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The business’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

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

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Scotiabank upped their price objective on Welltower from $172.00 to $181.00 and gave the stock an “outperform” rating in a report on Thursday, August 28th. Wells Fargo & Company upped their price target on Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. UBS Group assumed coverage on Welltower in a report on Friday, September 19th. They issued a “buy” rating and a $195.00 price objective on the stock. Evercore ISI boosted their target price on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Finally, Cantor Fitzgerald initiated coverage on shares of Welltower in a report on Wednesday. They issued an “overweight” rating and a $195.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $180.62.

About Welltower

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.