Saturna Capital Corp Takes $799,000 Position in Welltower Inc. $WELL

Saturna Capital Corp bought a new position in shares of Welltower Inc. (NYSE:WELL) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,195 shares of the real estate investment trust’s stock, valued at approximately $799,000.

Several other large investors have also recently modified their holdings of WELL. SouthState Corp grew its stake in shares of Welltower by 704.8% in the first 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 bought a new position in Welltower during the 1st quarter worth $27,000. N.E.W. Advisory Services LLC acquired a new position in Welltower during the 1st quarter worth about $32,000. WPG Advisers LLC bought a new stake in shares of Welltower in the 1st quarter valued at about $34,000. Finally, Saudi Central Bank acquired a new stake in shares of Welltower in the first quarter valued at about $38,000. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of WELL opened at $198.55 on Wednesday. The firm has a market cap of $136.27 billion, a PE ratio of 136.93, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92. Welltower Inc. has a 52-week low of $123.11 and a 52-week high of $200.64. The business’s 50 day moving average price is $177.17 and its two-hundred day moving average price is $164.38. The company has a debt-to-equity ratio of 0.43, a quick ratio of 4.19 and a current ratio of 5.47.

Welltower (NYSE:WELL) last announced its quarterly earnings data 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 company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The company’s quarterly revenue was up 30.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, equities analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th will be paid a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, November 10th. Welltower’s payout ratio is 204.14%.

Analysts Set New Price Targets

WELL has been the topic of a number of recent analyst reports. KeyCorp lifted their price objective on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. National Bankshares set a $246.00 price target on shares of Welltower in a report on Friday, October 17th. Cantor Fitzgerald boosted their price target on shares of Welltower from $195.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. Scotiabank upped their price objective on shares of Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a research note on Thursday, November 13th. Finally, Evercore ISI lifted their target price on shares of 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 issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Welltower has a consensus rating of “Moderate Buy” and an average price target of $190.07.

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.