Fluent Financial LLC Invests $693,000 in Welltower Inc. $WELL

Key Points

• Fluent Financial LLC invested approximately $693,000 in Welltower Inc. (NYSE: WELL) during the 2nd quarter, acquiring 4,510 shares of the real estate investment trust's stock.
• Welltower reported a 39.6% increase in revenue year-over-year for the latest quarter, along with an earnings per share (EPS) of $1.28, exceeding analysts' expectations.
• The company announced a quarterly dividend increase from $0.67 to $0.74, representing an annualized yield of 1.7% and a payout ratio of 167.23%.

Fluent Financial LLC acquired a new stake in Welltower Inc. (NYSE:WELL - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,510 shares of the real estate investment trust's stock, valued at approximately $693,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Good Life Advisors LLC raised its holdings in Welltower by 1.2% in the 1st quarter. Good Life Advisors LLC now owns 5,744 shares of the real estate investment trust's stock valued at $880,000 after acquiring an additional 69 shares in the last quarter. Rise Advisors LLC raised its stake in 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 in the last quarter. Sound View Wealth Advisors Group LLC lifted its position in Welltower by 2.0% during the first quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust's stock worth $558,000 after purchasing an additional 73 shares during the period. SJS Investment Consulting Inc. lifted its position in Welltower by 7.8% during the second quarter. SJS Investment Consulting Inc. now owns 1,009 shares of the real estate investment trust's stock worth $155,000 after purchasing an additional 73 shares during the period. Finally, Premier Path Wealth Partners LLC grew its stake in Welltower by 1.8% during the first quarter. Premier Path Wealth Partners LLC now owns 4,427 shares of the real estate investment trust's stock worth $678,000 after buying an additional 77 shares in the last quarter. Institutional investors own 94.80% of the company's stock.

Welltower Price Performance

Shares of WELL opened at $169.16 on Thursday. Welltower Inc. has a 12-month low of $122.34 and a 12-month high of $180.40. The business has a 50-day simple moving average of $168.56 and a two-hundred day simple moving average of $157.14. 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 cap of $113.14 billion, a PE ratio of 95.57, a PEG ratio of 1.95 and a beta of 0.92.

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

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were given a $0.74 dividend. This is an increase 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 1.7%. Welltower's dividend payout ratio is currently 167.23%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Evercore ISI upped their price target on shares of Welltower from $175.00 to $183.00 and gave the stock an "in-line" rating in a report on Monday, September 15th. KeyCorp upped their target price on Welltower from $150.00 to $200.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 23rd. UBS Group started coverage on Welltower in a report on Friday, September 19th. They issued a "buy" rating and a $195.00 target price on the stock. Raymond James Financial reissued a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. Finally, Wells Fargo & Company upped their price objective on Welltower from $175.00 to $185.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $180.69.

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.

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