CW Advisors LLC Makes New Investment in Welltower Inc. $WELL

Key Points

• CW Advisors LLC acquired a new stake in Welltower Inc., purchasing 2,059 shares valued at approximately $315,000 during the first quarter.
• Welltower reported a 39.6% increase in revenue year-over-year, achieving $2.55 billion for the quarter and surpassing analyst expectations.
• The company also announced a quarterly dividend of $0.74 per share, marking an increase from its previous dividend of $0.67.

CW Advisors LLC bought a new position in Welltower Inc. (NYSE:WELL - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,059 shares of the real estate investment trust's stock, valued at approximately $315,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wellington Management Group LLP boosted its holdings in Welltower by 14.0% in the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust's stock worth $3,261,792,000 after purchasing an additional 2,614,562 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Welltower by 9.7% during the 4th quarter. Bank of America Corp DE now owns 18,706,788 shares of the real estate investment trust's stock worth $2,357,617,000 after acquiring an additional 1,652,611 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Welltower by 41.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust's stock worth $1,367,226,000 after acquiring an additional 2,622,384 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Welltower by 0.4% during the 1st quarter. Northern Trust Corp now owns 8,467,221 shares of the real estate investment trust's stock worth $1,297,263,000 after acquiring an additional 36,725 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Welltower by 10.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,632,705 shares of the real estate investment trust's stock worth $961,950,000 after acquiring an additional 712,279 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

Welltower Price Performance

NYSE WELL traded up $0.97 on Friday, reaching $168.37. The company had a trading volume of 1,689,650 shares, compared to its average volume of 2,354,539. 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 stock has a market capitalization of $112.61 billion, a PE ratio of 95.13, a price-to-earnings-growth ratio of 1.90 and a beta of 0.93. The firm's 50 day moving average price is $160.73 and its 200 day moving average price is $153.21. Welltower Inc. has a 12 month low of $119.93 and a 12 month high of $171.09.

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 analysts' consensus estimates of $1.22 by $0.06. The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.49 billion. Welltower had a net margin of 12.18% and a return on equity of 3.38%. Welltower's revenue for the quarter was up 39.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, equities analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were issued a $0.74 dividend. The ex-dividend date was Tuesday, August 12th. This represents a $2.96 dividend on an annualized basis and a yield of 1.8%. This is an increase from Welltower's previous quarterly dividend of $0.67. Welltower's payout ratio is presently 167.23%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Morgan Stanley lifted 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. Wells Fargo & Company lifted their price target on shares of Welltower from $175.00 to $185.00 and gave the stock an "overweight" rating in a research note on Wednesday. Scotiabank reiterated an "outperform" rating on shares of Welltower in a research note on Thursday. Wall Street Zen cut shares of Welltower from a "hold" rating to a "sell" rating in a research note on Thursday, May 8th. Finally, Evercore ISI lifted 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. One 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 issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $175.00.

Insider Transactions at Welltower

In related news, Director Andrew Gundlach purchased 20,000 shares of Welltower stock in a transaction on Monday, June 30th. The shares were bought at an average cost of $151.46 per share, for a total transaction of $3,029,200.00. Following the acquisition, the director owned 20,000 shares in the company, valued at approximately $3,029,200. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.21% of the company's stock.

Welltower Company 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.