Lbp Am Sa Invests $3.84 Million in Welltower Inc. $WELL

Key Points

• Lbp Am Sa has invested approximately $3.84 million in Welltower Inc., acquiring 24,971 shares, as reported in its latest SEC filing.
• Welltower's recent earnings surpassed estimates with $1.28 EPS, and the company's revenue increased by 39.6% year-over-year, totaling $2.55 billion.
• The company has increased its quarterly dividend from $0.67 to $0.74 per share, representing an annualized yield of 1.7%.

Lbp Am Sa acquired a new stake in Welltower Inc. (NYSE:WELL - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,971 shares of the real estate investment trust's stock, valued at approximately $3,839,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Wellington Management Group LLP increased its holdings in 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 valued at $3,261,792,000 after purchasing an additional 2,614,562 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in 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 valued at $1,367,226,000 after purchasing an additional 2,622,384 shares during the period. Northern Trust Corp increased its holdings in Welltower by 0.4% in the first quarter. Northern Trust Corp now owns 8,467,221 shares of the real estate investment trust's stock valued at $1,297,263,000 after purchasing an additional 36,725 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Welltower by 7.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,164,840 shares of the real estate investment trust's stock valued at $1,250,935,000 after purchasing an additional 532,135 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Welltower by 14.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 6,956,594 shares of the real estate investment trust's stock valued at $1,065,820,000 after purchasing an additional 877,856 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WELL. UBS Group began coverage on Welltower in a report on Friday, September 19th. They issued a "buy" rating and a $195.00 price objective for the company. Wells Fargo & Company increased their price objective on Welltower from $175.00 to $185.00 and gave the company an "overweight" rating in a report on Wednesday, August 27th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Welltower in a research report on Tuesday, September 2nd. Evercore ISI upped their price target on shares of Welltower from $175.00 to $183.00 and gave the company an "in-line" rating in a research report on Monday, September 15th. Finally, Scotiabank upped their price target on shares of Welltower from $172.00 to $181.00 and gave the company an "outperform" rating in a research report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $180.62.

Welltower Price Performance

WELL stock opened at $175.65 on Friday. The stock has a market capitalization 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 50-day moving average is $167.78 and its 200-day moving average is $156.47. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. Welltower Inc. has a 1 year low of $122.34 and a 1 year high of $180.40.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (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 net margin of 12.18% and a return on equity of 3.38%. The business's revenue was up 39.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Equities research analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal 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 given a dividend of $0.74 per share. This is a boost from Welltower's previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.7%. Welltower's payout ratio is currently 167.23%.

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.

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