Welltower Inc. $WELL is Groupama Asset Managment's 8th Largest Position

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Groupama Asset Managment boosted its stake in Welltower Inc. (NYSE:WELL - Free Report) by 0.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,915,101 shares of the real estate investment trust's stock after acquiring an additional 15,101 shares during the quarter. Welltower comprises about 2.3% of Groupama Asset Managment's holdings, making the stock its 8th largest holding. Groupama Asset Managment owned approximately 0.29% of Welltower worth $293,413,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in WELL. Van Lanschot Kempen Investment Management N.V. increased its position in shares of Welltower by 32.2% during the first quarter. Van Lanschot Kempen Investment Management N.V. now owns 117,786 shares of the real estate investment trust's stock worth $18,046,000 after acquiring an additional 28,674 shares during the last quarter. Legacy Financial Advisors Inc. grew its stake in Welltower by 6.5% during the 1st quarter. Legacy Financial Advisors Inc. now owns 2,967 shares of the real estate investment trust's stock valued at $455,000 after purchasing an additional 180 shares in the last quarter. Hsbc Holdings PLC increased its holdings in Welltower by 4.1% during the 1st quarter. Hsbc Holdings PLC now owns 2,298,272 shares of the real estate investment trust's stock worth $352,121,000 after purchasing an additional 91,406 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in shares of Welltower by 191.0% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 521,962 shares of the real estate investment trust's stock valued at $79,984,000 after purchasing an additional 342,620 shares in the last quarter. Finally, Quantbot Technologies LP boosted its stake in shares of Welltower by 294.0% during the 1st quarter. Quantbot Technologies LP now owns 21,812 shares of the real estate investment trust's stock valued at $3,342,000 after buying an additional 16,276 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

Welltower Stock Performance

Shares of NYSE:WELL traded up $0.7730 during trading hours on Thursday, hitting $166.7630. The stock had a trading volume of 2,285,140 shares, compared to its average volume of 2,533,896. The stock's fifty day simple moving average is $159.00 and its 200 day simple moving average is $152.16. The firm has a market capitalization of $111.54 billion, a price-to-earnings ratio of 94.22, a PEG ratio of 1.87 and a beta of 0.93. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19. Welltower Inc. has a 1-year low of $116.50 and a 1-year high of $171.09.

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

Welltower Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 21st. Investors of record on Tuesday, August 12th will be issued a dividend of $0.74 per share. The ex-dividend date of this dividend is Tuesday, August 12th. This is a positive change from Welltower's previous quarterly dividend of $0.67. This represents a $2.96 annualized dividend and a yield of 1.8%. Welltower's dividend payout ratio is presently 167.23%.

Insider Buying and Selling at Welltower

In other news, Director Andrew Gundlach acquired 20,000 shares of the business's stock in a transaction dated Monday, June 30th. The stock was acquired at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the completion of the acquisition, the director directly owned 20,000 shares in the company, valued at $3,029,200. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 0.21% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

WELL has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their price target on shares of Welltower from $158.00 to $175.00 and gave the stock an "overweight" rating in a research note on Monday, June 2nd. Wall Street Zen downgraded shares of Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Scotiabank restated an "outperform" rating on shares of Welltower in a research note on Monday, June 23rd. Evercore ISI increased their price target on shares of Welltower from $162.00 to $175.00 and gave the stock an "in-line" rating in a research report on Wednesday, July 30th. Finally, Morgan Stanley boosted their price objective on Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a report on Tuesday, May 6th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Welltower has a consensus rating of "Moderate Buy" and a consensus target price of $173.10.

Welltower 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.