Phoenix Financial Ltd. Takes Position in Welltower Inc. $WELL

Phoenix Financial Ltd. acquired a new position in shares of Welltower Inc. (NYSE:WELL) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 8,547 shares of the real estate investment trust’s stock, valued at approximately $1,313,000.

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

Welltower Stock Down 1.5%

Welltower stock opened at $175.12 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19. Welltower Inc. has a fifty-two week low of $123.11 and a fifty-two week high of $180.40. The stock’s fifty day moving average is $169.21 and its two-hundred day moving average is $158.47. The firm has a market capitalization of $117.13 billion, a price-to-earnings ratio of 98.94, a price-to-earnings-growth ratio of 1.99 and a beta of 0.92.

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

Welltower Increases Dividend

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

Wall Street Analysts Forecast Growth

Several research firms have issued reports on WELL. Cantor Fitzgerald began coverage on Welltower in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $195.00 price objective for the company. National Bankshares set a $246.00 price objective on Welltower in a research report on Friday. Weiss Ratings reissued a “buy (b)” rating on shares of Welltower in a report on Wednesday, October 8th. Evercore ISI upped their target price on Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a report on Monday, September 15th. Finally, UBS Group initiated coverage on Welltower in a report on Friday, September 19th. They issued a “buy” rating and a $195.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Welltower presently has a consensus rating of “Moderate Buy” and a consensus 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.