Vontobel Holding Ltd. Grows Stake in Welltower Inc. $WELL

Key Points

• Vontobel Holding Ltd. increased its stake in Welltower Inc. by 12.8% in the second quarter, owning a total of 27,756 shares valued at approximately $4.27 million.
• Welltower reported a quarterly earnings per share (EPS) of $1.28, beating the consensus estimate by $0.06, with a revenue increase of 39.6% year-over-year.
• The company recently raised its quarterly dividend to $0.74 per share, marking an increase from the previous dividend of $0.67.

Vontobel Holding Ltd. boosted its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 12.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,756 shares of the real estate investment trust's stock after purchasing an additional 3,151 shares during the quarter. Vontobel Holding Ltd.'s holdings in Welltower were worth $4,267,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. SouthState Corp increased its holdings in Welltower by 704.8% during the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust's stock valued at $26,000 after buying an additional 148 shares during the period. Wealth Preservation Advisors LLC purchased a new position in Welltower during the first quarter valued at approximately $27,000. Harbor Capital Advisors Inc. purchased a new position in Welltower during the first quarter valued at approximately $28,000. Smallwood Wealth Investment Management LLC purchased a new position in Welltower during the first quarter valued at approximately $28,000. Finally, Hughes Financial Services LLC purchased a new position in Welltower during the first quarter valued at approximately $31,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Price Performance

NYSE WELL opened at $165.84 on Friday. The firm's fifty day simple moving average is $168.59 and its two-hundred day simple moving average is $157.38. 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 Inc. has a 12-month low of $123.11 and a 12-month high of $180.40. The firm has a market capitalization of $110.92 billion, a P/E ratio of 93.70, a P/E/G ratio of 1.89 and a beta of 0.92.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings results 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 net margin of 12.18% and a return on equity of 3.38%. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.49 billion. During the same period in the previous year, the company earned $1.05 earnings per share. The business's revenue for the quarter was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Analysts forecast 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 paid a dividend of $0.74 per share. The ex-dividend date was Tuesday, August 12th. This is an increase from Welltower's previous quarterly dividend of $0.67. This represents a $2.96 annualized dividend and a dividend yield of 1.8%. Welltower's payout ratio is presently 167.23%.

Analysts Set New Price Targets

WELL has been the topic of several research reports. Cantor Fitzgerald initiated coverage on shares of Welltower in a report on Wednesday, October 1st. They set an "overweight" rating and a $195.00 price objective on the stock. UBS Group initiated coverage on shares of Welltower in a report on Friday, September 19th. They set a "buy" rating and a $195.00 price objective on the stock. Evercore ISI lifted their price objective on shares of Welltower from $175.00 to $183.00 and gave the company an "in-line" rating in a report on Monday, September 15th. Raymond James Financial reissued a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Welltower in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $180.69.

About Welltower

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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