Vestmark Advisory Solutions Inc. Has $6.72 Million Stock Position in Welltower Inc. $WELL

Vestmark Advisory Solutions Inc. raised its stake in Welltower Inc. (NYSE:WELL) by 134.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,740 shares of the real estate investment trust’s stock after acquiring an additional 25,118 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Welltower were worth $6,724,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in WELL. SouthState Corp lifted its holdings in Welltower by 704.8% during the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 148 shares during the last quarter. Wealth Preservation Advisors LLC acquired a new position in Welltower in the 1st quarter valued at $27,000. Hughes Financial Services LLC bought a new position in Welltower during the 1st quarter worth $31,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Welltower during the first quarter worth $32,000. Finally, WPG Advisers LLC acquired a new stake in shares of Welltower during the first quarter worth $34,000. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of WELL stock opened at $190.53 on Friday. The business has a fifty day simple moving average of $173.59 and a 200 day simple moving average of $162.01. The company has a market cap of $130.76 billion, a P/E ratio of 131.40, a P/E/G ratio of 1.93 and a beta of 0.92. The company has a quick ratio of 4.19, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. Welltower Inc. has a twelve month low of $123.11 and a twelve month high of $190.68.

Welltower (NYSE:WELL) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, topping the consensus estimate of $1.30 by $0.04. The firm had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The business’s quarterly revenue was up 30.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, sell-side analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Tuesday, November 11th will be paid a $0.74 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $2.96 annualized dividend and a dividend yield of 1.6%. Welltower’s payout ratio is currently 204.14%.

Analysts Set New Price Targets

Several equities analysts recently commented on WELL shares. Weiss Ratings restated a “buy (b)” rating on shares of Welltower in a research note on Wednesday, October 8th. Loop Capital set a $196.00 price objective on shares of Welltower in a report on Wednesday, October 29th. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Scotiabank boosted their price target on Welltower from $181.00 to $182.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. Finally, UBS Group set a $203.00 price objective on Welltower in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus price target of $187.93.

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.