Twin Capital Management Inc. Buys 8,397 Shares of Welltower Inc. $WELL

Twin Capital Management Inc. raised its position in Welltower Inc. (NYSE:WELL) by 77.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 19,185 shares of the real estate investment trust’s stock after acquiring an additional 8,397 shares during the quarter. Twin Capital Management Inc.’s holdings in Welltower were worth $2,949,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in WELL. LPL Financial LLC boosted its holdings in shares of Welltower by 3.9% in the 1st quarter. LPL Financial LLC now owns 258,052 shares of the real estate investment trust’s stock valued at $39,536,000 after buying an additional 9,678 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC increased its stake in shares of 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 worth $461,660,000 after purchasing an additional 1,076,293 shares during the period. Jump Financial LLC acquired a new stake in Welltower during the 1st quarter worth approximately $1,697,000. Western Financial Corp CA bought a new stake in Welltower in the 2nd quarter valued at $1,795,000. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in Welltower by 15.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 75,888 shares of the real estate investment trust’s stock valued at $11,668,000 after buying an additional 10,269 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Up 1.2%

Shares of NYSE:WELL opened at $186.52 on Thursday. The business has a fifty day simple moving average of $172.73 and a 200 day simple moving average of $161.50. The company has a quick ratio of 4.19, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. The firm has a market cap of $128.01 billion, a P/E ratio of 128.63, a P/E/G ratio of 1.93 and a beta of 0.92. Welltower Inc. has a 12-month low of $123.11 and a 12-month high of $189.53.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. The firm had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The business’s revenue was up 30.7% compared to the same quarter last year. During the same period last year, the business posted $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders 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 dividend yield of 1.6%. The ex-dividend date is Monday, November 10th. Welltower’s dividend payout ratio (DPR) is currently 204.14%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on WELL shares. KeyCorp boosted their target price on shares of Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, September 23rd. Raymond James Financial reissued a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. Cantor Fitzgerald increased their target price on shares of Welltower from $195.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. Scotiabank lifted their price target on shares of Welltower from $181.00 to $182.00 and gave the company an “outperform” rating in a research report on Monday, October 6th. Finally, Wall Street Zen cut Welltower from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. 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 given a Sell rating to the stock. According to MarketBeat.com, 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.