Marex Group plc Makes New $1.26 Million Investment in Welltower Inc. $WELL

Marex Group plc acquired a new stake in Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 8,200 shares of the real estate investment trust’s stock, valued at approximately $1,261,000.

A number of other hedge funds have also modified their holdings of WELL. State Street Corp grew its position in Welltower by 4.6% in the second quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock valued at $6,090,212,000 after acquiring an additional 1,740,196 shares during the period. Norges Bank bought a new position in shares of Welltower during the second quarter valued at $4,903,554,000. Wellington Management Group LLP boosted its stake in shares of Welltower by 14.0% in the 1st 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 purchasing an additional 2,614,562 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Welltower by 5.1% in the 2nd quarter. Geode Capital Management LLC now owns 15,012,454 shares of the real estate investment trust’s stock worth $2,303,484,000 after purchasing an additional 723,887 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in shares of Welltower by 41.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock worth $1,367,226,000 after purchasing an additional 2,622,384 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on WELL shares. UBS Group boosted their price target on shares of Welltower from $203.00 to $232.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Loop Capital set a $196.00 target price on Welltower in a report on Wednesday, October 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Welltower in a report on Monday, December 8th. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, Wells Fargo & Company boosted their price objective on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $195.87.

Welltower Stock Performance

WELL stock opened at $186.54 on Monday. The company has a 50 day moving average price of $187.54 and a 200 day moving average price of $170.85. Welltower Inc. has a fifty-two week low of $123.11 and a fifty-two week high of $209.05. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 5.47. The stock has a market capitalization of $128.03 billion, a PE ratio of 128.65, a price-to-earnings-growth ratio of 1.48 and a beta of 0.84.

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

Welltower Announces Dividend

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