Vise Technologies Inc. Buys New Stake in Welltower Inc. $WELL

Vise Technologies Inc. acquired a new position in shares of Welltower Inc. (NYSE:WELL) in the 2nd quarter, Holdings Channel reports. The fund acquired 33,166 shares of the real estate investment trust’s stock, valued at approximately $5,099,000.

Several other large investors have also modified their holdings of WELL. Zions Bancorporation National Association UT increased its position in shares of Welltower by 4.2% during the second quarter. Zions Bancorporation National Association UT now owns 1,604 shares of the real estate investment trust’s stock worth $247,000 after purchasing an additional 65 shares in the last quarter. Cornerstone Wealth Group LLC grew its stake in Welltower by 4.7% during the 2nd quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock worth $225,000 after buying an additional 66 shares during the last quarter. Rise Advisors LLC increased its position in Welltower by 23.3% during the first quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 69 shares during the period. Bridgewater Advisors Inc. lifted its stake in Welltower by 5.1% in the second quarter. Bridgewater Advisors Inc. now owns 1,461 shares of the real estate investment trust’s stock valued at $242,000 after buying an additional 71 shares during the last quarter. Finally, Orion Capital Management LLC lifted its stake in Welltower by 5.6% in the second quarter. Orion Capital Management LLC now owns 1,362 shares of the real estate investment trust’s stock valued at $209,000 after buying an additional 72 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Performance

NYSE:WELL opened at $190.53 on Monday. 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 firm has a market cap of $130.76 billion, a PE ratio of 131.40, a P/E/G ratio of 1.93 and a beta of 0.92. The firm has a 50 day simple moving average of $173.59 and a 200-day simple moving average of $162.21. Welltower Inc. has a 1-year low of $123.11 and a 1-year high of $190.68.

Welltower (NYSE:WELL) last issued 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 firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same period last year, the company earned $1.11 EPS. The firm’s quarterly revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, equities analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

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 issued a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, November 10th. Welltower’s dividend payout ratio is currently 204.14%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. UBS Group set a $203.00 price objective on shares of Welltower in a research report on Wednesday, October 29th. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Welltower in a research report on Wednesday, October 8th. Wells Fargo & Company increased their price objective on Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Finally, Cantor Fitzgerald boosted their target price on Welltower from $195.00 to $200.00 and gave the company 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $187.93.

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.