Dorsey Wright & Associates Reduces Stock Position in Welltower Inc. $WELL

Dorsey Wright & Associates cut its holdings in Welltower Inc. (NYSE:WELL) by 4.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,006 shares of the real estate investment trust’s stock after selling 449 shares during the period. Dorsey Wright & Associates’ holdings in Welltower were worth $1,538,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Primecap Management Co. CA lifted its stake in shares of Welltower by 878.5% in the 2nd quarter. Primecap Management Co. CA now owns 386,509 shares of the real estate investment trust’s stock valued at $59,418,000 after purchasing an additional 347,009 shares during the last quarter. Wealthspire Advisors LLC lifted its position in Welltower by 12.2% in the second quarter. Wealthspire Advisors LLC now owns 4,127 shares of the real estate investment trust’s stock worth $634,000 after buying an additional 449 shares during the last quarter. First American Trust FSB boosted its stake in Welltower by 2.8% during the second quarter. First American Trust FSB now owns 4,496 shares of the real estate investment trust’s stock worth $691,000 after buying an additional 124 shares during the period. Empowered Funds LLC increased its position in Welltower by 140.1% during the second quarter. Empowered Funds LLC now owns 35,506 shares of the real estate investment trust’s stock valued at $5,458,000 after acquiring an additional 20,716 shares during the last quarter. Finally, Pinnacle Wealth Planning Services Inc. increased its position in Welltower by 42.0% during the second quarter. Pinnacle Wealth Planning Services Inc. now owns 3,172 shares of the real estate investment trust’s stock valued at $488,000 after acquiring an additional 938 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on WELL shares. UBS Group set a $203.00 target price on shares of Welltower in a report on Wednesday, October 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of Welltower in a research report on Thursday, November 13th. Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Wells Fargo & Company increased their price target on Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Finally, Evercore ISI raised their price target on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. One investment 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 company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $190.07.

Welltower Price Performance

Welltower stock opened at $198.55 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 4.19. The stock has a market cap of $136.27 billion, a price-to-earnings ratio of 136.93, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92. The firm has a 50-day moving average of $177.17 and a two-hundred day moving average of $164.38. Welltower Inc. has a 1 year low of $123.11 and a 1 year high of $200.64.

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

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th will be paid a dividend of $0.74 per share. The ex-dividend date is Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.5%. Welltower’s dividend payout ratio (DPR) is currently 204.14%.

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.