Brevan Howard Capital Management LP Has $26.11 Million Stake in Welltower Inc. $WELL

by · The Markets Daily

Brevan Howard Capital Management LP increased its position in shares of Welltower Inc. (NYSE:WELL – Free Report) by 255.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 169,844 shares of the real estate investment trust’s stock after purchasing an additional 122,113 shares during the quarter. Brevan Howard Capital Management LP’s holdings in Welltower were worth $26,110,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Balyasny Asset Management L.P. increased its position in Welltower by 241.5% during the 2nd quarter. Balyasny Asset Management L.P. now owns 1,241,145 shares of the real estate investment trust’s stock worth $190,801,000 after buying an additional 877,725 shares during the period. Adage Capital Partners GP L.L.C. grew its stake in shares of Welltower by 12.5% in the second quarter. Adage Capital Partners GP L.L.C. now owns 569,006 shares of the real estate investment trust’s stock valued at $87,473,000 after acquiring an additional 63,400 shares in the last quarter. AQR Capital Management LLC increased its position in Welltower by 69.9% during the second quarter. AQR Capital Management LLC now owns 436,550 shares of the real estate investment trust’s stock worth $66,264,000 after acquiring an additional 179,575 shares during the period. Ameriprise Financial Inc. increased its position in Welltower by 7.9% during the second quarter. Ameriprise Financial Inc. now owns 2,858,277 shares of the real estate investment trust’s stock worth $434,569,000 after acquiring an additional 209,720 shares during the period. Finally, California State Teachers Retirement System raised its stake in Welltower by 4.8% in the 2nd quarter. California State Teachers Retirement System now owns 1,018,677 shares of the real estate investment trust’s stock worth $156,601,000 after purchasing an additional 46,650 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Up 0.8%

WELL stock opened at $186.54 on Friday. The firm has a 50-day moving average price of $187.54 and a 200-day moving average price of $170.59. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $209.05. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $128.03 billion, a P/E ratio of 128.65, a price-to-earnings-growth ratio of 1.47 and a beta of 0.84.

Welltower (NYSE:WELL – Get Free Report) last released its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. The business had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The firm’s quarterly revenue was up 30.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, equities research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Tuesday, November 11th were issued a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $2.96 annualized dividend and a dividend yield of 1.6%. Welltower’s dividend payout ratio (DPR) is 204.14%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on WELL. National Bankshares set a $246.00 target price on shares of Welltower in a report on Friday, October 17th. UBS Group increased their price target on Welltower from $203.00 to $232.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Wall Street Zen raised Welltower from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. Evercore ISI increased their target price on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Finally, Loop Capital set a $196.00 price target on Welltower in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $195.87.

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Welltower Profile

(Free Report)

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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