KLP Kapitalforvaltning AS Increases Stock Holdings in Welltower Inc. $WELL

KLP Kapitalforvaltning AS boosted its stake in Welltower Inc. (NYSE:WELL) by 2.7% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 240,246 shares of the real estate investment trust’s stock after acquiring an additional 6,400 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Welltower were worth $42,797,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Global Wealth Strategies & Associates purchased a new position in Welltower during the third quarter valued at $36,000. Anchor Investment Management LLC acquired a new position in shares of Welltower during the 1st quarter worth about $46,000. Newbridge Financial Services Group Inc. lifted its stake in Welltower by 39.5% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 87 shares in the last quarter. Copia Wealth Management acquired a new stake in Welltower in the 2nd quarter worth about $51,000. Finally, City Holding Co. acquired a new stake in Welltower in the 3rd quarter worth about $59,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Performance

Shares of Welltower stock opened at $185.61 on Wednesday. The firm has a market cap of $127.39 billion, a PE ratio of 128.01, a price-to-earnings-growth ratio of 1.28 and a beta of 0.86. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $209.05. The business’s fifty day simple moving average is $192.24 and its 200-day simple moving average is $175.04.

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 return on equity of 2.71% and a net margin of 9.69%.The firm had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same period last year, the company earned $1.11 EPS. The company’s quarterly revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Equities analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

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

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Welltower in a research report on Monday, December 29th. Cantor Fitzgerald reissued an “overweight” rating and issued a $204.00 price objective on shares of Welltower in a research note on Monday. KeyCorp lifted their target price on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. Wells Fargo & Company upped their target price on shares of Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $231.00 target price on shares of Welltower in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and an average price target of $205.07.

About Welltower

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.