3,500 Shares in Welltower Inc. $WELL Purchased by Capital Insight Partners LLC

Key Points

• Capital Insight Partners LLC acquired 3,500 shares of Welltower Inc., valued at approximately $538,000, during the second quarter.
• Welltower recently reported an EPS of $1.28 for the quarter, exceeding analyst expectations, with a year-over-year revenue increase of 39.6%.
• The company has announced a quarterly dividend increase to $0.74 per share, up from $0.67, reflecting a 1.7% yield.

Capital Insight Partners LLC bought a new position in Welltower Inc. (NYSE:WELL - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,500 shares of the real estate investment trust's stock, valued at approximately $538,000.

Other institutional investors also recently modified their holdings of the company. SouthState Corp grew its position in Welltower by 704.8% during the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust's stock valued at $26,000 after buying an additional 148 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in shares of Welltower during the 1st quarter worth approximately $27,000. Harbor Capital Advisors Inc. bought a new stake in shares of Welltower in the 1st quarter worth approximately $28,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of Welltower in the 1st quarter worth approximately $28,000. Finally, Hughes Financial Services LLC purchased a new position in Welltower in the first quarter valued at approximately $31,000. 94.80% of the stock is owned by institutional investors.

Welltower Price Performance

Shares of NYSE:WELL opened at $174.90 on Monday. The company has a 50 day moving average of $166.49 and a 200 day moving average of $155.79. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44. The stock has a market cap of $116.98 billion, a P/E ratio of 98.81, a P/E/G ratio of 1.97 and a beta of 0.93. Welltower Inc. has a 12 month low of $122.34 and a 12 month high of $175.10.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 EPS 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 firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.49 billion. During the same period in the previous year, the business earned $1.05 EPS. The business's revenue for the quarter was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, sell-side analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were given a dividend of $0.74 per share. The ex-dividend date was Tuesday, August 12th. This is a boost from Welltower's previous quarterly dividend of $0.67. This represents a $2.96 annualized dividend and a yield of 1.7%. Welltower's dividend payout ratio (DPR) is presently 167.23%.

Wall Street Analysts Forecast Growth

WELL has been the topic of several research reports. Raymond James Financial restated a "strong-buy" rating on shares of Welltower in a research note on Tuesday, September 2nd. KeyCorp lifted their price objective on Welltower from $150.00 to $200.00 and gave the stock an "overweight" rating in a report on Tuesday, September 23rd. UBS Group started coverage on shares of Welltower in a report on Friday, September 19th. They set a "buy" rating and a $195.00 price objective on the stock. Scotiabank increased their target price on shares of Welltower from $172.00 to $181.00 and gave the stock an "outperform" rating in a research report on Thursday, August 28th. 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 research report on Wednesday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Welltower has a consensus rating of "Moderate Buy" and a consensus target price of $179.42.

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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