ASR Vermogensbeheer N.V. Raises Stock Position in Welltower Inc. $WELL

Key Points

• ASR Vermogensbeheer N.V. increased its stake in Welltower Inc. by 31.2% in Q2, holding 61,695 shares valued at approximately $9.48 million at the end of the reporting period.
• Welltower's recent earnings report showed EPS of $1.28, beating estimates, with a revenue increase of 39.6% year-over-year compared to the previous quarter.
• The company announced a quarterly dividend of $0.74 per share, up from $0.67, which reflects a dividend yield of 1.7%.

ASR Vermogensbeheer N.V. raised its stake in Welltower Inc. (NYSE:WELL - Free Report) by 31.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 61,695 shares of the real estate investment trust's stock after buying an additional 14,683 shares during the period. ASR Vermogensbeheer N.V.'s holdings in Welltower were worth $9,483,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Consolidated Planning Corp increased its holdings in Welltower by 2.5% in the second quarter. Consolidated Planning Corp now owns 51,270 shares of the real estate investment trust's stock valued at $7,882,000 after buying an additional 1,264 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Welltower by 3.8% in the second quarter. Robeco Institutional Asset Management B.V. now owns 403,359 shares of the real estate investment trust's stock valued at $62,008,000 after buying an additional 14,688 shares in the last quarter. BSW Wealth Partners increased its holdings in Welltower by 2.5% in the second quarter. BSW Wealth Partners now owns 4,777 shares of the real estate investment trust's stock valued at $734,000 after buying an additional 116 shares in the last quarter. SOA Wealth Advisors LLC. increased its holdings in Welltower by 10.5% in the second quarter. SOA Wealth Advisors LLC. now owns 10,376 shares of the real estate investment trust's stock valued at $1,595,000 after buying an additional 983 shares in the last quarter. Finally, First Pacific Financial increased its stake in shares of Welltower by 51,428.6% during the 2nd quarter. First Pacific Financial now owns 25,249 shares of the real estate investment trust's stock worth $3,882,000 after purchasing an additional 25,200 shares in the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Stock Down 2.1%

Shares of WELL opened at $175.65 on Friday. The firm has a market cap of $117.48 billion, a PE ratio of 99.24, a price-to-earnings-growth ratio of 2.02 and a beta of 0.92. The company's fifty day moving average is $167.78 and its two-hundred day moving average is $156.47. Welltower Inc. has a fifty-two week low of $122.34 and a fifty-two week high of $180.40. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44.

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

Welltower Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, August 12th. This is a positive change from Welltower's previous quarterly dividend of $0.67. Welltower's dividend payout ratio (DPR) is presently 167.23%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on WELL shares. Cantor Fitzgerald started coverage on shares of Welltower in a research note on Wednesday. They set an "overweight" rating and a $195.00 price objective for the company. Wells Fargo & Company raised their price objective on shares of Welltower from $175.00 to $185.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 27th. Evercore ISI raised their price objective on shares of Welltower from $175.00 to $183.00 and gave the stock an "in-line" rating in a research note on Monday, September 15th. UBS Group started coverage on shares of Welltower in a research note on Friday, September 19th. They set a "buy" rating and a $195.00 price objective for the company. Finally, Scotiabank raised their price objective on shares of Welltower from $172.00 to $181.00 and gave the stock an "outperform" rating in a research note on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $180.62.

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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