Venture Visionary Partners LLC Has $12.39 Million Stake in Welltower Inc. $WELL

Venture Visionary Partners LLC decreased its position in shares of Welltower Inc. (NYSE:WELL) by 5.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,572 shares of the real estate investment trust’s stock after selling 5,041 shares during the period. Venture Visionary Partners LLC’s holdings in Welltower were worth $12,386,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in WELL. Nuveen LLC bought a new position in shares of Welltower during the 1st quarter worth about $762,204,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Welltower by 41.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock worth $1,367,226,000 after purchasing an additional 2,622,384 shares during the period. Wellington Management Group LLP increased its holdings in shares of Welltower by 14.0% during the 1st quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock worth $3,261,792,000 after purchasing an additional 2,614,562 shares during the period. Cbre Investment Management Listed Real Assets LLC increased its holdings in shares of Welltower by 55.6% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock worth $461,660,000 after purchasing an additional 1,076,293 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of Welltower by 65.2% during the 1st quarter. Ameriprise Financial Inc. now owns 2,648,557 shares of the real estate investment trust’s stock worth $399,314,000 after purchasing an additional 1,045,507 shares during the period. Institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Wells Fargo & Company boosted their price objective on shares of Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. KeyCorp upped their target price on shares of Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, September 23rd. UBS Group assumed coverage on shares of Welltower in a research note on Friday, September 19th. They issued a “buy” rating and a $195.00 target price on the stock. Evercore ISI upped their target price on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research note on Monday, September 15th. Finally, Scotiabank upped their target price on shares of Welltower from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and a consensus target price of $179.42.

Welltower Price Performance

Shares of Welltower stock opened at $174.90 on Monday. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $116.98 billion, a price-to-earnings ratio of 98.81, a P/E/G ratio of 1.97 and a beta of 0.93. Welltower Inc. has a 1-year low of $122.34 and a 1-year high of $175.10. The firm’s 50-day moving average price is $166.49 and its two-hundred day moving average price is $155.79.

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

Welltower Increases Dividend

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

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.