DRW Securities LLC Makes New $1.08 Million Investment in Welltower Inc. $WELL

Key Points

• DRW Securities LLC has acquired 7,058 shares of Welltower Inc. valued at approximately $1.08 million, indicating institutional interest in the company.
• The company recently increased its quarterly dividend to $0.74 per share, up from $0.67, resulting in a 1.8% dividend yield for investors.
• Welltower reported a 39.6% revenue increase year-over-year, with quarterly earnings per share of $1.28, surpassing expectations by $0.06.

DRW Securities LLC purchased a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,058 shares of the real estate investment trust's stock, valued at approximately $1,081,000.

A number of other institutional investors also recently bought and sold shares of WELL. Nuveen LLC acquired a new stake in shares of Welltower during the first quarter worth about $762,204,000. Price T Rowe Associates Inc. MD increased its position in shares of Welltower by 41.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust's stock worth $1,367,226,000 after purchasing an additional 2,622,384 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Welltower by 14.0% during the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust's stock worth $3,261,792,000 after purchasing an additional 2,614,562 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Welltower by 17,343.3% during the first quarter. GAMMA Investing LLC now owns 1,738,052 shares of the real estate investment trust's stock worth $266,287,000 after purchasing an additional 1,728,088 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of Welltower by 9.7% during the fourth quarter. Bank of America Corp DE now owns 18,706,788 shares of the real estate investment trust's stock worth $2,357,617,000 after purchasing an additional 1,652,611 shares in the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Stock Performance

WELL stock traded down $0.33 during trading on Wednesday, hitting $167.41. The company had a trading volume of 2,090,906 shares, compared to its average volume of 2,211,635. The firm has a market cap of $111.97 billion, a PE ratio of 94.58, a price-to-earnings-growth ratio of 1.90 and a beta of 0.93. Welltower Inc. has a 1-year low of $122.18 and a 1-year high of $171.09. The firm has a 50-day moving average price of $161.56 and a 200-day moving average price of $153.55. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44.

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

Welltower Increases Dividend

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

Insider Transactions at Welltower

In other Welltower news, Director Andrew Gundlach bought 20,000 shares of the company's stock in a transaction on Monday, June 30th. The shares were bought at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the transaction, the director owned 20,000 shares of the company's stock, valued at approximately $3,029,200. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.21% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on WELL shares. Scotiabank lifted their target price on Welltower from $172.00 to $181.00 and gave the stock an "outperform" rating in a research report on Thursday, August 28th. Morgan Stanley lifted their target price on Welltower from $155.00 to $160.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 6th. Wall Street Zen cut Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Evercore ISI lifted their target price on Welltower from $162.00 to $175.00 and gave the stock an "in-line" rating in a research report on Wednesday, July 30th. Finally, Wells Fargo & Company lifted their target price on Welltower from $175.00 to $185.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target 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.