FORA Capital LLC Makes New $3.19 Million Investment in Welltower Inc. $WELL

Key Points

• FORA Capital LLC has acquired a new stake in Welltower Inc., purchasing 20,802 shares valued at approximately $3.19 million during the first quarter.
• Welltower reported $1.28 EPS for the last quarter, surpassing expectations, with a revenue increase of 39.6% year-over-year.
• The company recently announced a quarterly dividend of $0.74, up from the previous $0.67, representing a yield of 1.8%.

FORA Capital LLC bought a new position in Welltower Inc. (NYSE:WELL - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,802 shares of the real estate investment trust's stock, valued at approximately $3,187,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Geller Advisors LLC lifted its stake in shares of Welltower by 3.7% in the 4th quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust's stock worth $241,000 after acquiring an additional 69 shares during the period. Good Life Advisors LLC lifted its stake in shares of 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 worth $880,000 after acquiring an additional 69 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of Welltower by 4.3% in the 1st quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust's stock worth $273,000 after acquiring an additional 73 shares during the period. Sound View Wealth Advisors Group LLC lifted its stake in shares of Welltower by 2.0% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust's stock worth $558,000 after acquiring an additional 73 shares during the period. Finally, Premier Path Wealth Partners LLC lifted its stake in shares of Welltower by 1.8% in the 1st quarter. Premier Path Wealth Partners LLC now owns 4,427 shares of the real estate investment trust's stock worth $678,000 after acquiring an additional 77 shares during the period. Institutional investors own 94.80% of the company's stock.

Welltower Price Performance

WELL stock traded up $0.97 on Friday, hitting $168.37. 1,689,650 shares of the company's stock traded hands, compared to its average volume of 2,390,739. Welltower Inc. has a 1-year low of $119.93 and a 1-year high of $171.09. The stock has a market cap of $112.61 billion, a price-to-earnings ratio of 95.13, a P/E/G ratio of 1.90 and a beta of 0.93. The stock has a fifty day moving average of $160.73 and a 200-day moving average of $153.21. 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 (NYSE:WELL - Get Free Report) last issued its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. The business had revenue of $2.55 billion during 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 firm earned $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were given a $0.74 dividend. This is a boost 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 dividend yield of 1.8%. Welltower's payout ratio is currently 167.23%.

Wall Street Analysts Forecast Growth

WELL has been the subject of a number of research analyst reports. Scotiabank reaffirmed an "outperform" rating on shares of Welltower in a research note on Thursday. Evercore ISI upped 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. Morgan Stanley upped 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 upped 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. Finally, Wall Street Zen lowered shares of Welltower from a "hold" rating to a "sell" rating in a research note on Thursday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Welltower currently has a consensus rating of "Moderate Buy" and a consensus target price of $175.00.

Insider Activity at Welltower

In other news, Director Andrew Gundlach purchased 20,000 shares of Welltower stock in a transaction that occurred on Monday, June 30th. The stock was acquired at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the transaction, the director owned 20,000 shares in the company, valued at $3,029,200. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Company 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.