10,214 Shares in Welltower Inc. $WELL Bought by Tema Etfs LLC

by · The Markets Daily

Tema Etfs LLC bought a new stake in Welltower Inc. (NYSE:WELL – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,214 shares of the real estate investment trust’s stock, valued at approximately $1,820,000.

Several other hedge funds have also recently made changes to their positions in the business. Global Wealth Strategies & Associates bought a new position in shares of Welltower during the 3rd quarter worth approximately $36,000. Newbridge Financial Services Group Inc. boosted its stake in Welltower by 39.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 87 shares during the last quarter. Copia Wealth Management bought a new stake in Welltower during the second quarter worth $51,000. NewSquare Capital LLC raised its holdings in shares of Welltower by 30.2% in the second quarter. NewSquare Capital LLC now owns 362 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 84 shares during the last quarter. Finally, Salomon & Ludwin LLC purchased a new position in shares of Welltower in the 3rd quarter worth approximately $59,000. 94.80% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on WELL. Jefferies Financial Group restated a “buy” rating and issued a $231.00 target price on shares of Welltower in a research note on Monday, December 15th. Wells Fargo & Company upped their target price on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. KeyCorp lifted their price target on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. National Bankshares set a $246.00 price objective on shares of Welltower in a research note on Friday, October 17th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $205.00 price objective on shares of Welltower in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $204.80.

Get Our Latest Analysis on WELL

Welltower Stock Up 0.3%

WELL opened at $186.64 on Tuesday. The firm’s fifty day moving average is $192.70 and its 200 day moving average is $175.95. The stock has a market cap of $128.09 billion, a price-to-earnings ratio of 128.71, a price-to-earnings-growth ratio of 1.34 and a beta of 0.86. Welltower Inc. has a fifty-two week low of $124.19 and a fifty-two week high of $209.05. The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.47 and a current ratio of 5.47.

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

Welltower Announces Dividend

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

Welltower Profile

(Free Report)

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.

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