Welltower Inc. $WELL Shares Sold by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC decreased its position in shares of Welltower Inc. (NYSE:WELL) by 2.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,538 shares of the real estate investment trust’s stock after selling 300 shares during the quarter. Paradigm Asset Management Co. LLC’s holdings in Welltower were worth $1,620,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of WELL. SouthState Corp lifted its stake in Welltower by 704.8% during the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 148 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in Welltower in the first quarter valued at $27,000. Hughes Financial Services LLC acquired a new stake in Welltower during the 1st quarter worth about $31,000. N.E.W. Advisory Services LLC acquired a new position in shares of Welltower in the 1st quarter valued at about $32,000. Finally, WPG Advisers LLC purchased a new stake in shares of Welltower in the first quarter worth about $34,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WELL. Weiss Ratings restated a “buy (b)” rating on shares of Welltower in a research report on Wednesday, October 8th. Wall Street Zen lowered Welltower from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. National Bankshares set a $246.00 price target on Welltower in a research report on Friday, October 17th. Loop Capital set a $196.00 price objective on Welltower in a report on Wednesday, October 29th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $187.93.

Welltower Stock Performance

NYSE WELL opened at $190.53 on Friday. 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 stock’s 50 day simple moving average is $173.59 and its 200-day simple moving average is $162.01. The company has a market cap of $130.76 billion, a PE ratio of 131.40, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92. Welltower Inc. has a 1-year low of $123.11 and a 1-year high of $190.68.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, beating 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 company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same quarter last year, the firm posted $1.11 EPS. The firm’s revenue for the quarter was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, equities research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th will be paid a dividend of $0.74 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a yield of 1.6%. Welltower’s payout ratio is 204.14%.

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.