Fox Run Management L.L.C. Takes Position in Welltower Inc. $WELL

Fox Run Management L.L.C. acquired a new position in shares of Welltower Inc. (NYSE:WELL) in the second quarter, HoldingsChannel reports. The firm acquired 6,248 shares of the real estate investment trust’s stock, valued at approximately $961,000.

Several other institutional investors have also recently added to or reduced their stakes in WELL. SouthState Corp boosted its stake in shares of 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 shares of Welltower in the first quarter valued at approximately $27,000. Hughes Financial Services LLC purchased a new position in shares of Welltower during the first quarter valued at approximately $31,000. N.E.W. Advisory Services LLC acquired a new stake in Welltower during the first quarter worth approximately $32,000. Finally, WPG Advisers LLC acquired a new stake in Welltower during the first quarter worth approximately $34,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Price Performance

WELL stock opened at $190.53 on Friday. The company has a market cap of $130.76 billion, a PE ratio of 131.40, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92. The company has a current ratio of 5.47, a quick ratio of 4.19 and a debt-to-equity ratio of 0.43. The stock has a 50-day moving average price of $173.59 and a two-hundred day moving average price of $162.11. Welltower Inc. has a 12-month low of $123.11 and a 12-month high of $190.68.

Welltower (NYSE:WELL) last released 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. 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 analyst estimates of $2.70 billion. During the same period in the previous year, the company posted $1.11 EPS. The company’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. As a group, research analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

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 given 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 dividend payout ratio is presently 204.14%.

Analysts Set New Price Targets

A number of brokerages have weighed in on WELL. Wells Fargo & Company increased their price target on Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. Evercore ISI increased their target price on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. National Bankshares set a $246.00 price target on Welltower in a research note on Friday, October 17th. UBS Group set a $203.00 price objective on shares of Welltower in a research note on Wednesday, October 29th. Finally, Cantor Fitzgerald increased their price objective on shares of Welltower from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and a consensus target price 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.