Alyeska Investment Group L.P. Reduces Stock Holdings in Welltower Inc. $WELL

Key Points

• Alyeska Investment Group L.P. has reduced its stake in Welltower Inc. by 77.2%, owning 132,857 shares worth approximately $20.36 million after selling 448,982 shares.
• Welltower recently reported quarterly earnings with an EPS of $1.28, exceeding estimates and a revenue increase of 39.6% year-over-year, projecting FY 2025 guidance between $5.060 and $5.14 per share.
• The company has increased its quarterly dividend from $0.67 to $0.74, representing an annualized payout of $2.96 and a dividend yield of 1.8%.

Alyeska Investment Group L.P. lessened its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 77.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 132,857 shares of the real estate investment trust's stock after selling 448,982 shares during the period. Alyeska Investment Group L.P.'s holdings in Welltower were worth $20,355,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of WELL. SouthState Corp lifted its stake in Welltower by 704.8% during the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 148 shares during the period. Wealth Preservation Advisors LLC acquired a new stake in Welltower during the 1st quarter valued at approximately $27,000. Harbor Capital Advisors Inc. acquired a new stake in Welltower during the 1st quarter valued at approximately $28,000. Smallwood Wealth Investment Management LLC acquired a new stake in Welltower during the 1st quarter valued at approximately $28,000. Finally, Hughes Financial Services LLC acquired a new stake in Welltower during the 1st quarter valued at approximately $31,000. Hedge funds and other institutional investors own 94.80% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Wells Fargo & Company lifted their price objective on shares of Welltower from $175.00 to $185.00 and gave the company an "overweight" rating in a research note on Wednesday, August 27th. Evercore ISI boosted their target price on shares of Welltower from $162.00 to $175.00 and gave the company an "in-line" rating in a research note on Wednesday, July 30th. Raymond James Financial reiterated a "strong-buy" rating on shares of Welltower in a research note on Tuesday, September 2nd. Finally, Scotiabank boosted their target price on shares of Welltower from $172.00 to $181.00 and gave the company an "outperform" rating in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Welltower has an average rating of "Moderate Buy" and a consensus price target of $175.00.

Welltower Price Performance

NYSE:WELL traded up $0.10 during trading hours on Friday, hitting $167.78. 2,700,826 shares of the stock were exchanged, compared to its average volume of 2,148,620. Welltower Inc. has a 52-week low of $122.34 and a 52-week high of $171.09. The firm's fifty day moving average price is $162.15 and its 200 day moving average price is $153.82. 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 company has a market cap of $112.22 billion, a P/E ratio of 94.79, a P/E/G ratio of 1.89 and a beta of 0.93.

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

Welltower Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were given a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.8%. This is a positive change from Welltower's previous quarterly dividend of $0.67. The ex-dividend date was Tuesday, August 12th. Welltower's dividend payout ratio (DPR) is currently 167.23%.

Insider Activity at Welltower

In other Welltower news, Director Andrew Gundlach bought 20,000 shares of Welltower stock in a transaction dated Monday, June 30th. The stock was acquired at an average cost of $151.46 per share, for a total transaction of $3,029,200.00. Following the completion of the transaction, the director directly owned 20,000 shares of the company's stock, valued at approximately $3,029,200. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.21% of the stock is owned by company insiders.

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.