Vert Asset Management LLC Acquires 4,340 Shares of Welltower Inc. $WELL

Vert Asset Management LLC raised its holdings in Welltower Inc. (NYSE:WELL) by 3.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 137,765 shares of the real estate investment trust’s stock after buying an additional 4,340 shares during the quarter. Welltower comprises 8.3% of Vert Asset Management LLC’s holdings, making the stock its largest position. Vert Asset Management LLC’s holdings in Welltower were worth $24,541,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Triasima Portfolio Management inc. raised its position in shares of Welltower by 8.9% in the 3rd quarter. Triasima Portfolio Management inc. now owns 46,209 shares of the real estate investment trust’s stock valued at $8,232,000 after purchasing an additional 3,760 shares during the last quarter. QTR Family Wealth LLC increased its stake in Welltower by 35.6% during the 3rd quarter. QTR Family Wealth LLC now owns 2,573 shares of the real estate investment trust’s stock valued at $458,000 after purchasing an additional 676 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in shares of Welltower by 104.6% in the third quarter. Arkadios Wealth Advisors now owns 19,854 shares of the real estate investment trust’s stock worth $3,537,000 after buying an additional 10,152 shares during the last quarter. Turtle Creek Wealth Advisors LLC lifted its stake in shares of Welltower by 108.9% during the third quarter. Turtle Creek Wealth Advisors LLC now owns 3,033 shares of the real estate investment trust’s stock worth $540,000 after buying an additional 1,581 shares during the period. Finally, Allstate Corp lifted its stake in shares of Welltower by 369.5% during the third quarter. Allstate Corp now owns 28,956 shares of the real estate investment trust’s stock worth $5,158,000 after buying an additional 22,789 shares during the period. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on WELL. Loop Capital set a $196.00 target price on Welltower in a research note on Wednesday, October 29th. Jefferies Financial Group restated a “buy” rating and issued a $231.00 price objective on shares of Welltower in a research note on Monday, December 15th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $204.00 target price on shares of Welltower in a report on Monday, January 5th. Wall Street Zen downgraded shares of Welltower from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Welltower in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average price target of $204.80.

Welltower Stock Performance

Shares of NYSE WELL traded down $2.36 during midday trading on Tuesday, reaching $189.02. 277,342 shares of the stock were exchanged, compared to its average volume of 2,527,224. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. The firm has a market cap of $129.73 billion, a price-to-earnings ratio of 130.20, a PEG ratio of 1.38 and a beta of 0.86. The firm has a 50-day simple moving average of $192.82 and a two-hundred day simple moving average of $177.26. Welltower Inc. has a twelve month low of $129.62 and a twelve month high of $209.05.

Welltower (NYSE:WELL) last announced its quarterly earnings results 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 9.69% and a return on equity of 2.71%. The firm had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same period in the prior year, the firm posted $1.11 earnings per share. The firm’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. As a group, analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were given a $0.74 dividend. The ex-dividend date was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.6%. Welltower’s payout ratio is 204.14%.

Welltower Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.