3,009 Shares in Welltower Inc. $WELL Purchased by Banque Transatlantique SA

Key Points

• Banque Transatlantique SA has purchased 3,009 shares of Welltower Inc. valued at approximately $426,000, marking its new position in the company.
• Welltower recently reported quarterly earnings of $1.28 EPS, exceeding estimates and achieving a revenue of $2.55 billion, up 39.6% year-over-year.
• The company increased its quarterly dividend from $0.67 to $0.74 per share, reflecting a positive adjustment in its dividend policy.

Banque Transatlantique SA purchased a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,009 shares of the real estate investment trust's stock, valued at approximately $426,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. LPL Financial LLC grew its holdings in shares of Welltower by 3.9% in the first quarter. LPL Financial LLC now owns 258,052 shares of the real estate investment trust's stock worth $39,536,000 after purchasing an additional 9,678 shares during the last quarter. Beacon Financial Planning Inc. grew its holdings in shares of Welltower by 6.8% in the first quarter. Beacon Financial Planning Inc. now owns 27,893 shares of the real estate investment trust's stock worth $4,274,000 after purchasing an additional 1,780 shares during the last quarter. Jump Financial LLC bought a new position in shares of Welltower in the first quarter worth approximately $1,697,000. Cbre Investment Management Listed Real Assets LLC grew its holdings in shares of Welltower by 55.6% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust's stock worth $461,660,000 after purchasing an additional 1,076,293 shares during the last quarter. Finally, Summit Trail Advisors LLC grew its holdings in shares of Welltower by 61.4% in the first quarter. Summit Trail Advisors LLC now owns 6,756 shares of the real estate investment trust's stock worth $1,035,000 after purchasing an additional 2,571 shares during the last quarter. Institutional investors own 94.80% of the company's stock.

Analysts Set New Price Targets

WELL has been the topic of several recent analyst reports. Wells Fargo & Company lifted 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, August 27th. Scotiabank lifted their price target on shares of Welltower from $172.00 to $181.00 and gave the company an "outperform" rating in a report on Thursday, August 28th. Raymond James Financial reiterated a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. Finally, Evercore ISI lifted their price target on shares of Welltower from $162.00 to $175.00 and gave the company an "in-line" rating in a report on Wednesday, July 30th. One equities research 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 stock. According to MarketBeat.com, Welltower presently has an average rating of "Moderate Buy" and an average price target of $175.00.

Insider Transactions at Welltower

In other news, Director Andrew Gundlach purchased 20,000 shares of the company's stock in a transaction that occurred 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 purchase, the director directly owned 20,000 shares in the company, valued at approximately $3,029,200. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.21% of the stock is currently owned by insiders.

Welltower Stock Up 1.1%

Shares of WELL stock traded up $1.77 during mid-day trading on Monday, reaching $169.59. 2,669,392 shares of the company's stock traded hands, compared to its average volume of 2,897,964. Welltower Inc. has a 12 month low of $122.34 and a 12 month high of $171.09. The company has a market cap of $113.43 billion, a P/E ratio of 95.81, a P/E/G ratio of 1.89 and a beta of 0.93. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. The company's 50-day moving average price is $162.15 and its 200-day moving average price is $153.84.

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

Welltower Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were paid a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Tuesday, August 12th. This is a positive change from Welltower's previous quarterly dividend of $0.67. Welltower's dividend payout ratio (DPR) is presently 167.23%.

About Welltower

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.