Nicola Wealth Management LTD. Buys 807 Shares of Welltower Inc. $WELL

Nicola Wealth Management LTD. lifted its holdings in shares of Welltower Inc. (NYSE:WELL) by 4.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 19,502 shares of the real estate investment trust’s stock after buying an additional 807 shares during the quarter. Nicola Wealth Management LTD.’s holdings in Welltower were worth $2,988,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in WELL. Brighton Jones LLC lifted its stake in Welltower by 7.1% in the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after purchasing an additional 279 shares during the last quarter. Focus Partners Wealth lifted its stake in Welltower by 74.9% in the fourth quarter. Focus Partners Wealth now owns 36,905 shares of the real estate investment trust’s stock worth $4,809,000 after purchasing an additional 15,808 shares during the last quarter. LMR Partners LLP bought a new stake in Welltower in the fourth quarter worth $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Welltower by 4.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 83,383 shares of the real estate investment trust’s stock worth $10,509,000 after purchasing an additional 3,874 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp lifted its stake in Welltower by 22.0% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 23,491 shares of the real estate investment trust’s stock worth $2,961,000 after purchasing an additional 4,232 shares during the last quarter. 94.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on WELL shares. Scotiabank boosted their price target on shares of Welltower from $172.00 to $181.00 and gave the stock an “outperform” rating in a research note on Thursday, August 28th. Evercore ISI increased their price target on shares of Welltower from $162.00 to $175.00 and gave the company an “in-line” rating in a research report on Wednesday, July 30th. Raymond James Financial reissued a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Finally, Wells Fargo & Company increased their price target on shares of Welltower from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Wednesday, August 27th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and an average target price of $175.00.

Welltower Stock Performance

Shares of NYSE:WELL opened at $168.39 on Friday. The company has a market cap of $112.62 billion, a price-to-earnings ratio of 95.14, a price-to-earnings-growth ratio of 1.89 and a beta of 0.93. The company has a 50-day moving average price of $163.47 and a 200-day moving average price of $154.31. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44. Welltower Inc. has a 12 month low of $122.34 and a 12 month high of $171.09.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.49 billion. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The company’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, equities analysts anticipate that Welltower Inc. will post 4.88 EPS for the current 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 paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.67. Welltower’s payout ratio is presently 167.23%.

Insider Buying and Selling at Welltower

In related news, Director Andrew Gundlach bought 20,000 shares of the business’s stock in a transaction dated Monday, June 30th. The shares were purchased at an average price of $151.46 per share, with a total value of $3,029,200.00. Following the purchase, the director owned 20,000 shares of the company’s stock, valued at approximately $3,029,200. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.21% of the company’s stock.

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.