Cwm LLC Boosts Stock Position in Welltower Inc. $WELL

Key Points

• Cwm LLC increased its holdings in Welltower Inc. by 48.0%, owning a total of 22,464 shares valued at approximately $3.45 million as of its most recent SEC filing.
• Institutional investors control 94.80% of Welltower's stock, with notable purchases including a new stake by Nuveen LLC worth $762 million and significant increases in holdings by Price T Rowe Associates and Ameriprise Financial.
• Welltower's quarterly earnings report showed an EPS of $1.28, exceeding estimates, while the company also increased its dividend from $0.67 to $0.74 per share, reflecting a focus on shareholder returns.

Cwm LLC increased its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 48.0% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,464 shares of the real estate investment trust's stock after buying an additional 7,284 shares during the period. Cwm LLC's holdings in Welltower were worth $3,453,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in WELL. Nuveen LLC purchased a new stake in shares of Welltower in the first quarter worth $762,204,000. Price T Rowe Associates Inc. MD raised its position in shares of Welltower by 41.6% in the first 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 buying an additional 2,622,384 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Welltower by 14.0% in the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust's stock worth $3,261,792,000 after buying an additional 2,614,562 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC raised its position in shares of Welltower by 55.6% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust's stock worth $461,660,000 after buying an additional 1,076,293 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Welltower by 65.2% in the first quarter. Ameriprise Financial Inc. now owns 2,648,557 shares of the real estate investment trust's stock worth $399,314,000 after buying an additional 1,045,507 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

Analysts Set New Price Targets

WELL has been the topic of a number of recent analyst reports. Raymond James Financial reiterated a "strong-buy" rating on shares of Welltower in a research report on Tuesday, September 2nd. National Bankshares set a $246.00 target price on Welltower in a research note on Friday. Evercore ISI increased their target price on Welltower from $175.00 to $183.00 and gave the company an "in-line" rating in a research note on Monday, September 15th. Scotiabank increased their target price on Welltower from $181.00 to $182.00 and gave the company an "outperform" rating in a research note on Monday, October 6th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Welltower in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $185.36.

Welltower Stock Up 1.9%

Shares of NYSE:WELL opened at $175.33 on Friday. The stock's 50-day moving average price is $168.80 and its 200-day moving average price is $158.04. Welltower Inc. has a 12-month low of $123.11 and a 12-month high of $180.40. The stock has a market capitalization of $117.27 billion, a P/E ratio of 99.06, a price-to-earnings-growth ratio of 1.94 and a beta of 0.92. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44.

Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.22 by $0.06. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The firm had revenue of $2.55 billion for the quarter, compared to analysts' expectations of $2.49 billion. During the same period last year, the firm earned $1.05 earnings per share. The company's revenue for the quarter was up 39.6% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, equities analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.7%. This is an increase from Welltower's previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Tuesday, August 12th. Welltower's payout ratio is 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.