FSM Wealth Advisors LLC Takes $225,000 Position in Welltower Inc. $WELL

Key Points

• FSM Wealth Advisors LLC has acquired a new position in Welltower Inc., purchasing 1,459 shares valued at approximately $225,000.
• Welltower reported earnings of $1.28 per share for the last quarter, exceeding analysts' expectations, and its revenue increased by 39.6% year-over-year.
• The company has raised its quarterly dividend to $0.74 per share, up from $0.67, reflecting a boost in investor returns.

FSM Wealth Advisors LLC purchased a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,459 shares of the real estate investment trust's stock, valued at approximately $225,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Welltower by 7.1% in the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust's stock valued at $527,000 after buying an additional 279 shares during the last quarter. GAMMA Investing LLC raised its stake in Welltower by 13.8% in the 1st quarter. GAMMA Investing LLC now owns 11,344 shares of the real estate investment trust's stock valued at $1,738,000 after acquiring an additional 1,380 shares during the period. Flagship Harbor Advisors LLC bought a new stake in Welltower in the 1st quarter valued at $223,000. Valmark Advisers Inc. lifted its holdings in Welltower by 19.9% during the 1st quarter. Valmark Advisers Inc. now owns 2,316 shares of the real estate investment trust's stock valued at $355,000 after purchasing an additional 384 shares during the last quarter. Finally, Legacy Advisors LLC boosted its position in Welltower by 7.8% during the first quarter. Legacy Advisors LLC now owns 1,844 shares of the real estate investment trust's stock worth $283,000 after purchasing an additional 134 shares during the period. Institutional investors own 94.80% of the company's stock.

Welltower Price Performance

WELL stock opened at $176.27 on Friday. The company's 50-day moving average price is $169.75 and its two-hundred day moving average price is $158.85. The firm has a market cap of $117.90 billion, a P/E ratio of 99.59, a P/E/G ratio of 1.97 and a beta of 0.92. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $180.40.

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 for the quarter, topping analysts' consensus estimates of $1.22 by $0.06. The company 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 posted $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The firm also recently announced 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 of this dividend was Tuesday, August 12th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.7%. This is a boost from Welltower's previous quarterly dividend of $0.67. Welltower's dividend payout ratio (DPR) is 167.23%.

Wall Street Analysts Forecast Growth

WELL has been the topic of a number of research reports. KeyCorp upped their price target on shares of Welltower from $150.00 to $200.00 and gave the company an "overweight" rating in a research note on Tuesday, September 23rd. Raymond James Financial reissued a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. Cantor Fitzgerald initiated coverage on shares of Welltower in a research note on Wednesday, October 1st. They issued an "overweight" rating and a $195.00 price target on the stock. Wells Fargo & Company raised their price target on shares of Welltower from $185.00 to $200.00 and gave the stock an "overweight" rating in a research report on Tuesday. Finally, Scotiabank boosted their price objective on shares of Welltower from $181.00 to $182.00 and gave the company an "outperform" rating in a report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $186.43.

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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