Bellars Harris Wealth Management LLC Takes Position in Welltower Inc. $WELL

Key Points

• Bellars Harris Wealth Management acquired 46,790 Welltower shares worth approximately $10.62 million, making the healthcare REIT its sixth-largest holding and representing 2.2% of its portfolio. Institutional investors collectively own 94.8% of Welltower.
• Analyst sentiment remains positive: 14 analysts rate Welltower a Buy and three rate it a Hold, producing a “Moderate Buy” consensus and an average price target of $246.11.
• Welltower raised its quarterly dividend from $0.74 to $0.85 per share, though its latest quarterly EPS of $0.61 missed estimates of $0.66. Revenue rose 39.1% year over year to $3.54 billion.

Bellars Harris Wealth Management LLC acquired a new position in Welltower Inc. (NYSE:WELL - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 46,790 shares of the real estate investment trust's stock, valued at approximately $10,620,000. Welltower makes up about 2.2% of Bellars Harris Wealth Management LLC's investment portfolio, making the stock its 6th biggest position.

Several other large investors have also added to or reduced their stakes in the business. Leonteq Securities AG increased its stake in Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust's stock valued at $25,000 after buying an additional 60 shares during the last quarter. Sound Income Strategies LLC boosted its stake in shares of Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust's stock worth $27,000 after buying an additional 76 shares during the last quarter. Swiss RE Ltd. acquired a new position in shares of Welltower during the 4th quarter worth about $29,000. Summit Securities Group LLC grew its holdings in shares of Welltower by 42.6% in the 2nd quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 49 shares in the last quarter. Finally, Allied Private Wealth LLC bought a new position in shares of Welltower in the 2nd quarter valued at about $41,000. Institutional investors and hedge funds own 94.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on WELL shares. Scotiabank dropped their target price on Welltower from $248.00 to $232.00 and set a "sector outperform" rating on the stock in a report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft raised their price target on Welltower from $215.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, July 1st. UBS Group boosted their price target on Welltower from $249.00 to $271.00 and gave the stock a "buy" rating in a research report on Wednesday, July 8th. Weiss Ratings cut Welltower from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, June 24th. Finally, Royal Bank Of Canada upped their price objective on Welltower from $238.00 to $260.00 and gave the stock an "outperform" rating in a research note on Monday, August 3rd. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $246.11.

Welltower Price Performance

Shares of WELL opened at $235.55 on Friday. The firm has a market capitalization of $169.77 billion, a PE ratio of 108.05, a PEG ratio of 1.13 and a beta of 0.76. The company's 50-day moving average is $229.65 and its 200-day moving average is $214.01. Welltower Inc. has a fifty-two week low of $161.26 and a fifty-two week high of $255.20. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16.

Welltower (NYSE:WELL - Get Free Report) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by ($0.05). The company had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.The business's quarterly revenue was up 39.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities analysts forecast that Welltower Inc. will post 6.43 EPS for the current year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be issued a dividend of $0.85 per share. This is a boost from Welltower's previous quarterly dividend of $0.74. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, August 12th. Welltower's dividend payout ratio is presently 155.96%.

About Welltower

Welltower Inc NYSE: WELL is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower's assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company's property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.

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