Jump Financial LLC Makes New Investment in Welltower Inc. $WELL

Key Points

• Jump Financial LLC acquired 11,077 shares of Welltower Inc. (NYSE: WELL) valued at approximately $1,697,000 during the first quarter.
• Welltower reported a 39.6% year-over-year revenue increase to $2.55 billion in its last quarterly earnings, exceeding expectations with earnings per share of $1.28.
• The company recently raised its quarterly dividend from $0.67 to $0.74 per share, reflecting its commitment to returning value to shareholders.

Jump Financial LLC acquired a new position in Welltower Inc. (NYSE:WELL - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,077 shares of the real estate investment trust's stock, valued at approximately $1,697,000.

Other hedge funds have also recently added to or reduced their stakes in the company. SouthState Corp boosted its holdings in Welltower by 704.8% in the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 148 shares during the period. Harbor Capital Advisors Inc. acquired a new position in Welltower in the first quarter worth $28,000. Smallwood Wealth Investment Management LLC acquired a new position in Welltower in the first quarter worth $28,000. Hughes Financial Services LLC acquired a new position in Welltower in the first quarter worth $31,000. Finally, Franchise Capital Ltd acquired a new position in Welltower in the first quarter worth $32,000. Institutional investors and hedge funds own 94.80% of the company's stock.

Welltower Stock Performance

Shares of NYSE WELL traded up $0.97 during midday trading on Friday, reaching $168.37. 1,689,650 shares of the company traded hands, compared to its average volume of 2,390,739. Welltower Inc. has a 52 week low of $119.93 and a 52 week high of $171.09. The stock has a 50-day moving average price of $160.73 and a 200 day moving average price of $153.21. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. The company has a market cap of $112.61 billion, a price-to-earnings ratio of 95.13, a PEG ratio of 1.90 and a beta of 0.93.

Welltower (NYSE:WELL - Get Free Report) last issued its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.22 by $0.06. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The business had revenue of $2.55 billion for the quarter, compared to analysts' expectations of $2.49 billion. During the same period in the previous year, the business earned $1.05 earnings per share. The company's revenue was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Sell-side analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were paid a dividend of $0.74 per share. This is an increase from Welltower's previous quarterly dividend of $0.67. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, August 12th. Welltower's dividend payout ratio (DPR) is presently 167.23%.

Insider Buying and Selling at Welltower

In related news, Director Andrew Gundlach acquired 20,000 shares of the business's stock in a transaction that occurred on Monday, June 30th. The shares were acquired at an average cost of $151.46 per share, for a total transaction of $3,029,200.00. Following the completion of the purchase, the director directly owned 20,000 shares in the company, valued at $3,029,200. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.21% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have commented on WELL shares. Evercore ISI lifted their price objective on shares of Welltower from $162.00 to $175.00 and gave the stock an "in-line" rating in a report on Wednesday, July 30th. Wall Street Zen downgraded shares of Welltower from a "hold" rating to a "sell" rating in a report on Thursday, May 8th. Scotiabank reissued an "outperform" rating on shares of Welltower in a report on Thursday. Morgan Stanley boosted their price target on shares of Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a report on Tuesday, May 6th. Finally, Wells Fargo & Company boosted their price target on shares of Welltower from $175.00 to $185.00 and gave the company an "overweight" rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $175.00.

Welltower 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.