Franklin Resources Inc. Has $71.86 Million Stock Position in Welltower Inc. $WELL

Franklin Resources Inc. grew its holdings in Welltower Inc. (NYSE:WELL) by 11.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 467,450 shares of the real estate investment trust’s stock after purchasing an additional 46,197 shares during the period. Franklin Resources Inc.’s holdings in Welltower were worth $71,861,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Brighton Jones LLC lifted its position in Welltower by 7.1% during the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after buying an additional 279 shares in the last quarter. AE Wealth Management LLC increased its position in shares of Welltower by 7.8% in the first quarter. AE Wealth Management LLC now owns 2,083 shares of the real estate investment trust’s stock valued at $319,000 after acquiring an additional 151 shares during the last quarter. Cetera Investment Advisers raised its holdings in Welltower by 13.3% during the first quarter. Cetera Investment Advisers now owns 98,244 shares of the real estate investment trust’s stock worth $15,052,000 after acquiring an additional 11,499 shares in the last quarter. HB Wealth Management LLC raised its holdings in Welltower by 33.7% during the first quarter. HB Wealth Management LLC now owns 12,291 shares of the real estate investment trust’s stock worth $1,883,000 after acquiring an additional 3,100 shares in the last quarter. Finally, TD Asset Management Inc boosted its position in Welltower by 3.6% during the first quarter. TD Asset Management Inc now owns 221,912 shares of the real estate investment trust’s stock valued at $33,999,000 after purchasing an additional 7,618 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 1.3%

WELL stock opened at $202.60 on Tuesday. Welltower Inc. has a one year low of $123.11 and a one year high of $203.18. The stock has a market cap of $139.05 billion, a price-to-earnings ratio of 139.72, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92. The company has a fifty day moving average price of $179.62 and a two-hundred day moving average price of $165.75. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 4.19.

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

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th were given a dividend of $0.74 per share. The ex-dividend date was Monday, November 10th. This represents a $2.96 annualized dividend and a yield of 1.5%. Welltower’s dividend payout ratio (DPR) is 204.14%.

Analyst Ratings Changes

WELL has been the topic of several recent analyst reports. Scotiabank boosted their price target on Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a research report on Thursday, November 13th. National Bankshares set a $246.00 target price on shares of Welltower in a research note on Friday, October 17th. Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. Cantor Fitzgerald increased their price target on shares of Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Finally, Morgan Stanley lifted their price objective on shares of Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus price target of $192.73.

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.