Avantax Advisory Services Inc. Has $6.62 Million Stock Holdings in Welltower Inc. $WELL

Avantax Advisory Services Inc. increased its stake in Welltower Inc. (NYSE:WELL - Free Report) by 6.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,032 shares of the real estate investment trust's stock after acquiring an additional 2,563 shares during the quarter. Avantax Advisory Services Inc.'s holdings in Welltower were worth $6,615,000 at the end of the most recent reporting period.

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Other institutional investors have also added to or reduced their stakes in the company. Westwood Holdings Group Inc. bought a new position in Welltower during the 2nd quarter worth approximately $4,804,000. Cetera Investment Advisers increased its position in shares of Welltower by 4.7% during the second quarter. Cetera Investment Advisers now owns 102,884 shares of the real estate investment trust's stock worth $15,816,000 after buying an additional 4,640 shares during the period. Creative Planning increased its position in shares of Welltower by 1.1% during the second quarter. Creative Planning now owns 180,225 shares of the real estate investment trust's stock worth $27,706,000 after buying an additional 2,043 shares during the period. SG Americas Securities LLC raised its stake in Welltower by 80.5% during the second quarter. SG Americas Securities LLC now owns 19,681 shares of the real estate investment trust's stock worth $3,026,000 after buying an additional 8,780 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Welltower by 66.2% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 564,639 shares of the real estate investment trust's stock valued at $86,802,000 after buying an additional 224,858 shares during the period. 94.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WELL. National Bankshares set a $246.00 price target on Welltower in a report on Friday, October 17th. Weiss Ratings restated a "buy (b-)" rating on shares of Welltower in a research report on Thursday, November 13th. UBS Group set a $203.00 target price on Welltower in a research note on Wednesday, October 29th. Raymond James Financial reiterated a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. Finally, Wells Fargo & Company boosted their price target on Welltower from $185.00 to $200.00 and gave the company an "overweight" rating in a research note on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $190.07.

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Check Out Our Latest Analysis on WELL

Welltower Price Performance

Shares of WELL opened at $198.55 on Wednesday. The business's fifty day moving average is $177.17 and its 200 day moving average is $164.38. Welltower Inc. has a 12-month low of $123.11 and a 12-month high of $200.64. The company has a quick ratio of 4.19, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. The stock has a market cap of $136.27 billion, a P/E ratio of 136.93, a P/E/G ratio of 1.93 and a beta of 0.92.

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Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, beating analysts' consensus estimates 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 in the previous year, the business posted $1.11 EPS. Welltower's quarterly revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Sell-side analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Tuesday, November 11th will be issued a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, November 10th. Welltower's dividend payout ratio is currently 204.14%.

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.

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