Aptus Capital Advisors LLC Acquires 40,443 Shares of Welltower Inc. $WELL

Key Points

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Aptus Capital Advisors LLC increased its holdings in shares of Welltower Inc. (NYSE:WELL - Free Report) by 896.9% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,952 shares of the real estate investment trust's stock after purchasing an additional 40,443 shares during the quarter. Aptus Capital Advisors LLC's holdings in Welltower were worth $6,887,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of WELL. SouthState Corp increased 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 worth $26,000 after purchasing an additional 148 shares in the last quarter. Harbor Capital Advisors Inc. bought a new stake in Welltower during the 1st quarter worth approximately $28,000. Smallwood Wealth Investment Management LLC bought a new stake in Welltower during the 1st quarter worth approximately $28,000. Hughes Financial Services LLC bought a new stake in Welltower during the 1st quarter worth approximately $31,000. Finally, Franchise Capital Ltd bought a new stake in Welltower during the 1st quarter worth approximately $32,000. 94.80% of the stock is owned by institutional investors.

Welltower Stock Performance

Welltower stock traded up $0.7730 during mid-day trading on Thursday, hitting $166.7630. 2,285,140 shares of the company's stock traded hands, compared to its average volume of 2,533,896. The firm has a 50 day simple moving average of $159.00 and a two-hundred day simple moving average of $152.16. Welltower Inc. has a fifty-two week low of $116.50 and a fifty-two week high of $171.09. The stock has a market cap of $111.54 billion, a price-to-earnings ratio of 94.22, a P/E/G ratio of 1.87 and a beta of 0.93. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19.

Welltower (NYSE:WELL - Get Free Report) last announced 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. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter last year, the firm posted $1.05 EPS. The company's quarterly revenue was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, research analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th will be issued a dividend of $0.74 per share. The ex-dividend date of this dividend is Tuesday, August 12th. This represents a $2.96 annualized dividend and a yield of 1.8%. This is a positive change from Welltower's previous quarterly dividend of $0.67. Welltower's payout ratio is 167.23%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on WELL. Wall Street Zen cut Welltower from a "hold" rating to a "sell" rating in a research note on Thursday, May 8th. Evercore ISI raised their price target on shares of Welltower from $162.00 to $175.00 and gave the stock an "in-line" rating in a research note on Wednesday, July 30th. Morgan Stanley raised their price target on shares of Welltower from $155.00 to $160.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 6th. Scotiabank reaffirmed an "outperform" rating on shares of Welltower in a research note on Monday, June 23rd. Finally, Wells Fargo & Company raised their price target on shares of Welltower from $158.00 to $175.00 and gave the stock an "overweight" rating in a research note on Monday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $173.10.

Insider Transactions at Welltower

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