12,540 Shares in Welltower Inc. $WELL Acquired by Union Bancaire Privee UBP SA

Key Points

• Union Bancaire Privee UBP SA acquired 12,540 shares of Welltower Inc., valued at approximately $1,928,000, signaling growing institutional interest in the real estate investment trust.
• Wall Street analysts have raised their target prices for Welltower, with the average target now at $179.42, reflecting strong market confidence and multiple "buy" ratings.
• Welltower reported impressive earnings with a 39.6% growth in revenue year-over-year, along with a recent dividend increase to $0.74, suggesting strong cash flow management.

Union Bancaire Privee UBP SA purchased a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 12,540 shares of the real estate investment trust's stock, valued at approximately $1,928,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Welltower by 7.1% during the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust's stock worth $527,000 after purchasing an additional 279 shares during the period. Versant Capital Management Inc raised its holdings in Welltower by 27.0% during the first quarter. Versant Capital Management Inc now owns 381 shares of the real estate investment trust's stock worth $58,000 after buying an additional 81 shares during the last quarter. AdvisorNet Financial Inc raised its holdings in Welltower by 20.2% during the first quarter. AdvisorNet Financial Inc now owns 814 shares of the real estate investment trust's stock worth $125,000 after buying an additional 137 shares during the last quarter. NBC Securities Inc. acquired a new position in Welltower during the first quarter worth $131,000. Finally, Harbor Investment Advisory LLC raised its holdings in Welltower by 73.3% during the first quarter. Harbor Investment Advisory LLC now owns 2,766 shares of the real estate investment trust's stock worth $424,000 after buying an additional 1,170 shares during 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 research analysts recently weighed in on the stock. Scotiabank upped their target price on shares of Welltower from $172.00 to $181.00 and gave the stock an "outperform" rating in a report on Thursday, August 28th. Evercore ISI raised their price objective on Welltower from $175.00 to $183.00 and gave the company an "in-line" rating in a research note on Monday, September 15th. UBS Group assumed coverage on Welltower in a research note on Friday, September 19th. They set a "buy" rating and a $195.00 price objective on the stock. Raymond James Financial restated a "strong-buy" rating on shares of Welltower in a research note on Tuesday, September 2nd. Finally, KeyCorp raised their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $179.42.

Welltower Trading Up 1.0%

NYSE WELL opened at $177.99 on Wednesday. The stock has a market capitalization of $119.05 billion, a price-to-earnings ratio of 100.56, a PEG ratio of 1.99 and a beta of 0.93. Welltower Inc. has a one year low of $122.34 and a one year high of $178.54. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. The business's fifty day moving average is $167.14 and its 200-day moving average is $156.14.

Welltower (NYSE:WELL - Get Free Report) last released its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.22 by $0.06. The company had revenue of $2.55 billion for the quarter, compared to analysts' expectations of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The business's revenue for the quarter was up 39.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Equities research analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were paid a $0.74 dividend. The ex-dividend date was Tuesday, August 12th. This is a boost from Welltower's previous quarterly dividend of $0.67. This represents a $2.96 annualized dividend and a dividend yield of 1.7%. Welltower's dividend payout ratio is presently 167.23%.

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.

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