BI Asset Management Fondsmaeglerselskab A S Lowers Holdings in Welltower Inc. $WELL

Key Points

• BI Asset Management Fondsmaeglerselskab A S reduced its holdings in Welltower Inc. by 14.4% in Q1, now owning 63,043 shares worth approximately $9.66 million.
• Welltower announced an increase in its quarterly dividend to $0.74 per share, up from $0.67, reflecting a dividend yield of 1.8%.
• Welltower's recent earnings surpassed analysts' estimates with a reported EPS of $1.28, and the company anticipates a FY 2025 EPS guidance between 5.060-5.14.

BI Asset Management Fondsmaeglerselskab A S trimmed its position in Welltower Inc. (NYSE:WELL - Free Report) by 14.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 63,043 shares of the real estate investment trust's stock after selling 10,583 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Welltower were worth $9,659,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC raised its position in shares of Welltower by 3.9% in the 1st quarter. LPL Financial LLC now owns 258,052 shares of the real estate investment trust's stock worth $39,536,000 after acquiring an additional 9,678 shares in the last quarter. Beacon Financial Planning Inc. raised its position in shares of Welltower by 6.8% in the 1st quarter. Beacon Financial Planning Inc. now owns 27,893 shares of the real estate investment trust's stock worth $4,274,000 after acquiring an additional 1,780 shares in the last quarter. Summit Trail Advisors LLC raised its position in shares of Welltower by 61.4% in the 1st quarter. Summit Trail Advisors LLC now owns 6,756 shares of the real estate investment trust's stock worth $1,035,000 after acquiring an additional 2,571 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Welltower by 8.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 131,503 shares of the real estate investment trust's stock worth $20,147,000 after acquiring an additional 10,423 shares in the last quarter. Finally, Focused Wealth Management Inc bought a new position in shares of Welltower in the 1st quarter worth $313,000. 94.80% of the stock is owned by institutional investors.

Welltower Trading Up 0.6%

Shares of NYSE:WELL opened at $163.4290 on Wednesday. The business's 50-day moving average is $158.38 and its 200 day moving average is $151.88. Welltower Inc. has a 1 year low of $115.49 and a 1 year high of $171.09. The firm has a market capitalization of $109.31 billion, a P/E ratio of 92.33, a P/E/G ratio of 1.86 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 data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.22 by $0.06. The business had revenue of $2.55 billion for 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%.The company's revenue was up 39.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th will be issued a $0.74 dividend. This is a boost from Welltower's previous quarterly dividend of $0.67. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, August 12th. Welltower's dividend payout ratio is currently 167.23%.

Analysts Set New Price Targets

Several research firms have recently commented on WELL. Wall Street Zen lowered Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Scotiabank reissued an "outperform" rating on shares of Welltower in a research report on Monday, June 23rd. Morgan Stanley upped their target price on Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a research report on Tuesday, May 6th. Evercore ISI upped their target price on Welltower from $162.00 to $175.00 and gave the company an "in-line" rating in a research report on Wednesday, July 30th. Finally, Wells Fargo & Company upped their target price on Welltower from $158.00 to $175.00 and gave the company an "overweight" rating in a research report on Monday, June 2nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $169.82.

Insider Buying and Selling at Welltower

In other news, Director Andrew Gundlach acquired 20,000 shares of the business's stock in a transaction dated Monday, June 30th. The shares were acquired at an average cost of $151.46 per share, with a total value of $3,029,200.00. Following the completion of the acquisition, the director owned 20,000 shares of the company's stock, valued at approximately $3,029,200. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.21% of the company's stock.

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.

Want to see what other hedge funds are holding WELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Welltower Inc. (NYSE:WELL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.