Diversified Trust Co Has $2.76 Million Holdings in Welltower Inc. $WELL

Key Points

• Diversified Trust Co reduced its holdings in Welltower Inc. by 37.6%, selling 10,782 shares during the 2nd quarter, leaving them with 17,929 shares valued at approximately $2.76 million.
• Welltower announced a quarterly dividend of $0.74 per share, representing an increase from the previous quarterly dividend of $0.67 and yielding 1.8% for shareholders.
• Analysts currently have a consensus rating of "Moderate Buy" for Welltower, with a price target averaging $177.55, reflecting positive sentiment from several research firms.

Diversified Trust Co cut its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 37.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,929 shares of the real estate investment trust's stock after selling 10,782 shares during the quarter. Diversified Trust Co's holdings in Welltower were worth $2,756,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in WELL. Good Life Advisors LLC raised its position in shares of Welltower by 1.2% in the first quarter. Good Life Advisors LLC now owns 5,744 shares of the real estate investment trust's stock valued at $880,000 after purchasing an additional 69 shares during the period. Rise Advisors LLC raised its position in shares of Welltower by 23.3% in the first quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust's stock valued at $56,000 after purchasing an additional 69 shares during the period. Sivia Capital Partners LLC raised its position in shares of Welltower by 4.3% in the first quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust's stock valued at $273,000 after purchasing an additional 73 shares during the period. Sound View Wealth Advisors Group LLC raised its position in shares of Welltower by 2.0% in the first quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust's stock valued at $558,000 after purchasing an additional 73 shares during the period. Finally, Premier Path Wealth Partners LLC raised its position in shares of Welltower by 1.8% in the first quarter. Premier Path Wealth Partners LLC now owns 4,427 shares of the real estate investment trust's stock valued at $678,000 after purchasing an additional 77 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Price Performance

NYSE WELL traded up $2.44 on Monday, hitting $167.63. 3,535,071 shares of the company were exchanged, compared to its average volume of 2,981,359. The firm has a 50 day moving average of $165.11 and a two-hundred day moving average of $154.92. The company has a market cap of $112.12 billion, a P/E ratio of 94.71, a P/E/G ratio of 1.86 and a beta of 0.93. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44. Welltower Inc. has a 1-year low of $122.34 and a 1-year high of $171.09.

Welltower (NYSE:WELL - Get Free Report) last issued its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.06. The business 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%. The firm's quarterly revenue was up 39.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, equities analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

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

Insider Transactions at Welltower

In related news, Director Andrew Gundlach purchased 20,000 shares of Welltower stock in a transaction that occurred on Monday, June 30th. The shares were acquired at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the transaction, the director directly owned 20,000 shares in the company, valued at approximately $3,029,200. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.21% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on WELL shares. Raymond James Financial reissued a "strong-buy" rating on shares of Welltower in a research report on Tuesday, September 2nd. Evercore ISI boosted their price target on shares of Welltower from $175.00 to $183.00 and gave the company an "in-line" rating in a report on Monday, September 15th. UBS Group began coverage on shares of Welltower in a report on Friday. They issued a "buy" rating and a $195.00 target price on the stock. Scotiabank upped their target price on shares of Welltower from $172.00 to $181.00 and gave the stock an "outperform" rating in a report on Thursday, August 28th. Finally, Wells Fargo & Company upped their target price on shares of Welltower from $175.00 to $185.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Welltower presently has a consensus rating of "Moderate Buy" and an average target price of $177.55.

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.