Welltower Inc. (NYSE:WELL) is experiencing varied market dynamics. Several investment advisors are making significant stock purchases, notably,
Scarborough Advisors LLC,
V Square Quantitative Management LLC, and
Public Employees Retirement System of Ohio. In contrast,
State of Tennessee Treasury Department and
TD Asset Management Inc. reduced their holdings.
Short interest in the stock saw an increase, while analyst recommendations remain predominantly
'Moderate Buy'. The company's stock had both high and low performance days compared to competitors within the time frame. Notably,
Welltower raised its 2024 FFO guidance and hiked its dividend by 10%. The Board of Directors approved an increase in the quarterly dividend to 67c per share. Forecasts suggest
downgraded earnings for Q2 and Q3 2024. Notably,
Wedbush and
Citi provided future earnings estimates. The company has scheduled an acquisition of the $1.0 billion
Affinity Active Adult Portfolio. However,
Welltower has been recommended for sale at
StockNews.com. Additionally, a stock sale of 17,500,000 shares of common stock has been announced.
Welltower WELL News Analytics from Sun, 22 Oct 2023 07:00:00 GMT to Sun, 16 Jun 2024 11:24:10 GMT -
Rating 0
- Innovation -4
- Information 7
- Rumor -4
