Welltower Inc. $WELL Shares Sold by Lincluden Management Ltd.

Lincluden Management Ltd. decreased its stake in shares of Welltower Inc. (NYSE:WELL) by 0.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,650 shares of the real estate investment trust’s stock after selling 91 shares during the quarter. Lincluden Management Ltd.’s holdings in Welltower were worth $3,636,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of WELL. Good Life Advisors LLC increased its stake in shares of Welltower by 1.2% in the first quarter. Good Life Advisors LLC now owns 5,744 shares of the real estate investment trust’s stock worth $880,000 after acquiring an additional 69 shares during the period. Rise Advisors LLC increased its stake in shares of Welltower by 23.3% in the first quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock worth $56,000 after acquiring an additional 69 shares during the period. Sound View Wealth Advisors Group LLC increased its stake in shares of Welltower by 2.0% in the first quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust’s stock worth $558,000 after acquiring an additional 73 shares during the period. SJS Investment Consulting Inc. lifted its holdings in shares of Welltower by 7.8% in the 2nd quarter. SJS Investment Consulting Inc. now owns 1,009 shares of the real estate investment trust’s stock valued at $155,000 after buying an additional 73 shares during the period. Finally, Premier Path Wealth Partners LLC lifted its holdings in shares of Welltower by 1.8% in the 1st quarter. Premier Path Wealth Partners LLC now owns 4,427 shares of the real estate investment trust’s stock valued at $678,000 after buying an additional 77 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of NYSE WELL opened at $165.84 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19. The company has a market capitalization of $110.92 billion, a PE ratio of 93.70, a price-to-earnings-growth ratio of 1.87 and a beta of 0.92. Welltower Inc. has a 1 year low of $123.11 and a 1 year high of $180.40. The company’s fifty day moving average price is $168.59 and its 200 day moving average price is $157.43.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.06. The business had revenue of $2.55 billion for 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 revenue was up 39.6% compared to the same quarter last year. During the same period last year, the firm posted $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were issued a dividend of $0.74 per share. 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. This represents a $2.96 annualized dividend and a yield of 1.8%. Welltower’s payout ratio is 167.23%.

Wall Street Analyst Weigh In

WELL has been the subject of several analyst reports. Raymond James Financial reissued a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. UBS Group assumed coverage on Welltower in a report on Friday, September 19th. They issued a “buy” rating and a $195.00 price objective for the company. Wells Fargo & Company increased their price target on shares of Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. Weiss Ratings reissued a “buy (b)” rating on shares of Welltower in a report on Wednesday. Finally, Scotiabank increased their price target on shares of Welltower from $181.00 to $182.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.69.

About Welltower

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.