Ameritas Advisory Services LLC Has $878,000 Stock Position in Welltower Inc. $WELL

Ameritas Advisory Services LLC lessened its position in shares of Welltower Inc. (NYSE:WELL) by 13.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,710 shares of the real estate investment trust’s stock after selling 916 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Welltower were worth $878,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. LPL Financial LLC increased its holdings in Welltower by 3.9% in 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 buying an additional 9,678 shares during the period. Cbre Investment Management Listed Real Assets LLC increased its stake 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 acquiring an additional 1,076,293 shares during the period. Jump Financial LLC acquired a new position in Welltower in the first quarter worth about $1,697,000. Beacon Financial Planning Inc. lifted its stake 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 period. Finally, Summit Trail Advisors LLC boosted its holdings 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 valued at $1,035,000 after purchasing an additional 2,571 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on WELL. KeyCorp raised their target price on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 23rd. Cantor Fitzgerald assumed coverage on Welltower in a research note on Wednesday. They set an “overweight” rating and a $195.00 price objective for the company. Evercore ISI boosted their target price on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research note on Monday, September 15th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Welltower in a report on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $180.62.

Welltower Stock Down 0.1%

NYSE:WELL opened at $175.35 on Monday. The company has a market cap of $117.28 billion, a price-to-earnings ratio of 99.07, a P/E/G ratio of 1.97 and a beta of 0.92. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19. The stock’s fifty day moving average price is $168.05 and its two-hundred day moving average price is $156.76. Welltower Inc. has a 52-week low of $122.34 and a 52-week high of $180.40.

Welltower (NYSE:WELL) last released its 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. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The firm’s quarterly revenue was up 39.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

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

Welltower Company 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.