Aew Capital Management L P Has $210.80 Million Stock Position in Welltower Inc. $WELL

Key Points

• Aew Capital Management L P has reduced its position in Welltower Inc. by 2.3%, but it remains the firm's largest holding, representing 10.3% of its portfolio.
• Welltower's stock performance includes a significant rise in its quarterly dividend from $0.67 to $0.74 per share, reflecting a commitment to returning value to shareholders.
• Analysts have set a consensus price target of $173.10 for Welltower, with a "Moderate Buy" rating based on mixed evaluations from various brokerages.

Aew Capital Management L P trimmed its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 2.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,375,868 shares of the real estate investment trust's stock after selling 32,610 shares during the period. Welltower comprises approximately 10.3% of Aew Capital Management L P's holdings, making the stock its largest holding. Aew Capital Management L P owned about 0.21% of Welltower worth $210,797,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SouthState Corp raised its position in shares of Welltower by 704.8% during the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 148 shares in the last quarter. Harbor Capital Advisors Inc. bought a new stake in shares of Welltower during the 1st quarter valued at about $28,000. Smallwood Wealth Investment Management LLC bought a new position in Welltower in the first quarter worth about $28,000. Hughes Financial Services LLC bought a new stake in shares of Welltower in the 1st quarter worth approximately $31,000. Finally, Franchise Capital Ltd acquired a new stake in Welltower in the first quarter worth $32,000. Institutional investors own 94.80% of the company's stock.

Analyst Ratings Changes

WELL has been the subject of several recent research reports. Scotiabank restated an "outperform" rating on shares of Welltower in a research report on Monday, June 23rd. Morgan Stanley increased their price objective on Welltower from $155.00 to $160.00 and gave the stock an "overweight" rating in a report on Tuesday, May 6th. Wells Fargo & Company lifted their target price on Welltower from $175.00 to $185.00 and gave the company an "overweight" rating in a research note on Wednesday. Wall Street Zen lowered Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Finally, Evercore ISI lifted their price objective on shares of Welltower from $162.00 to $175.00 and gave the company an "in-line" rating in a research note on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Welltower presently has a consensus rating of "Moderate Buy" and a consensus price target of $174.10.

Insider Activity

In other Welltower news, Director Andrew Gundlach bought 20,000 shares of the firm's stock in a transaction on Monday, June 30th. The stock was bought at an average cost of $151.46 per share, with a total value of $3,029,200.00. Following the completion of the transaction, the director directly owned 20,000 shares of the company's stock, valued at approximately $3,029,200. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.21% of the stock is currently owned by corporate insiders.

Welltower Trading Up 1.3%

WELL traded up $2.11 during trading on Wednesday, reaching $167.95. The company had a trading volume of 1,794,151 shares, compared to its average volume of 2,923,791. 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 12-month low of $119.93 and a 12-month high of $171.09. The company has a market cap of $112.33 billion, a price-to-earnings ratio of 94.89, a PEG ratio of 1.86 and a beta of 0.93. The firm's 50-day simple moving average is $159.81 and its 200 day simple moving average is $152.72.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.06. The firm 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 company's quarterly revenue was up 39.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Equities research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Increases Dividend

The company 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 of this dividend was Tuesday, August 12th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.8%. Welltower's dividend payout ratio (DPR) 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.