UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $1.25 Billion Stock Holdings in Welltower Inc. $WELL

Key Points

• UBS AM increased its stake in Welltower Inc. by 7.0%, holding approximately 8.16 million shares valued at $1.25 billion as of the end of the first quarter.
• Wells Fargo and Scotiabank both raised their price targets for Welltower, with Wells Fargo updating its target from $175.00 to $185.00 and Scotiabank from $172.00 to $181.00.
• Welltower declared a quarterly dividend of $0.74 per share, increasing from its previous dividend of $0.67, with a current yield of 1.7%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 7.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,164,840 shares of the real estate investment trust's stock after purchasing an additional 532,135 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 1.25% of Welltower worth $1,250,935,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. LPL Financial LLC raised its position in shares of Welltower by 3.9% during the first quarter. LPL Financial LLC now owns 258,052 shares of the real estate investment trust's stock worth $39,536,000 after purchasing an additional 9,678 shares during the period. Beacon Financial Planning Inc. raised its position in shares of Welltower by 6.8% during the first quarter. Beacon Financial Planning Inc. now owns 27,893 shares of the real estate investment trust's stock worth $4,274,000 after purchasing an additional 1,780 shares during the period. Jump Financial LLC acquired a new stake in shares of Welltower during the first quarter worth $1,697,000. Cbre Investment Management Listed Real Assets LLC raised its position in Welltower by 55.6% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust's stock valued at $461,660,000 after buying an additional 1,076,293 shares during the period. Finally, Summit Trail Advisors LLC raised its position in Welltower by 61.4% during the first quarter. Summit Trail Advisors LLC now owns 6,756 shares of the real estate investment trust's stock valued at $1,035,000 after buying an additional 2,571 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on WELL. Raymond James Financial reissued a "strong-buy" rating on shares of Welltower in a research report on Tuesday, September 2nd. Wells Fargo & Company upped their price target on Welltower from $175.00 to $185.00 and gave the company an "overweight" rating in a research report on Wednesday, August 27th. Scotiabank upped their price target on Welltower from $172.00 to $181.00 and gave the company an "outperform" rating in a research report on Thursday, August 28th. Finally, Evercore ISI upped their price target on Welltower from $162.00 to $175.00 and gave the company an "in-line" rating in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $175.00.

Insider Activity

In related news, Director Andrew Gundlach purchased 20,000 shares of the firm's stock in a transaction dated Monday, June 30th. The stock was bought at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the purchase, the director owned 20,000 shares in the company, valued at $3,029,200. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.21% of the company's stock.

Welltower Stock Performance

Shares of NYSE WELL opened at $169.59 on Tuesday. The business's 50-day moving average price is $162.46 and its two-hundred day moving average price is $153.99. 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 one year low of $122.34 and a one year high of $171.09. The company has a market capitalization of $113.43 billion, a P/E ratio of 95.81, a price-to-earnings-growth ratio of 1.89 and a beta of 0.93.

Welltower (NYSE:WELL - Get Free Report) last issued its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 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 the consensus estimate of $2.49 billion. During the same quarter in the previous year, the company posted $1.05 earnings per share. The business's quarterly revenue was up 39.6% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The business also recently declared 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 is a boost from Welltower's previous quarterly dividend of $0.67. The ex-dividend date was Tuesday, August 12th. This represents a $2.96 annualized dividend and a dividend yield of 1.7%. Welltower's dividend 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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