Leavell Investment Management Inc. Sells 100 Shares of Welltower Inc. $WELL

Leavell Investment Management Inc. trimmed its holdings in shares of Welltower Inc. (NYSE:WELL) by 5.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,600 shares of the real estate investment trust’s stock after selling 100 shares during the quarter. Leavell Investment Management Inc.’s holdings in Welltower were worth $246,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in WELL. Nuveen LLC bought a new stake in Welltower during the first quarter valued at approximately $762,204,000. Price T Rowe Associates Inc. MD grew its position in Welltower by 41.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock valued at $1,367,226,000 after buying an additional 2,622,384 shares during the period. Wellington Management Group LLP grew its position in Welltower by 14.0% during the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock valued at $3,261,792,000 after buying an additional 2,614,562 shares during the period. Cbre Investment Management Listed Real Assets LLC grew its position in Welltower by 55.6% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock valued at $461,660,000 after buying an additional 1,076,293 shares during the period. Finally, Ameriprise Financial Inc. grew its position in Welltower by 65.2% during the first quarter. Ameriprise Financial Inc. now owns 2,648,557 shares of the real estate investment trust’s stock valued at $399,314,000 after buying an additional 1,045,507 shares during the period. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Up 2.6%

Shares of Welltower stock opened at $182.56 on Tuesday. The firm’s 50 day moving average price is $170.45 and its 200-day moving average price is $159.71. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. Welltower Inc. has a 52-week low of $123.11 and a 52-week high of $182.87. The company has a market cap of $122.10 billion, a P/E ratio of 103.14, a PEG ratio of 1.99 and a beta of 0.92.

Welltower (NYSE:WELL) last issued its quarterly earnings data 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 net margin of 12.18% and a return on equity of 3.38%. The firm had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the previous year, the firm earned $1.11 EPS. The company’s quarterly 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. On average, sell-side analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Analysts Set New Price Targets

WELL has been the subject of a number of recent analyst reports. Wells Fargo & Company upped their price target on shares of Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. National Bankshares set a $246.00 price target on shares of Welltower in a research report on Friday, October 17th. KeyCorp upped their price target on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 23rd. Cantor Fitzgerald initiated coverage on shares of Welltower in a research report on Wednesday, October 1st. They set an “overweight” rating and a $195.00 target price for the company. Finally, Evercore ISI increased their price objective on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research report on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $186.43.

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.