GC Wealth Management RIA LLC Boosts Position in Welltower Inc. $WELL

Key Points

• GC Wealth Management RIA LLC increased its stake in Welltower Inc. by 11.0% in Q2, owning 27,574 shares valued at approximately $4.24 million.
• Welltower received upgrades from multiple analysts, with KeyCorp raising the target price from $150.00 to $200.00 and a consensus price target of $179.42.
• The company recently announced a dividend increase to $0.74 per share, yielding 1.7%, up from the previous $0.67.

GC Wealth Management RIA LLC raised its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 11.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,574 shares of the real estate investment trust's stock after buying an additional 2,728 shares during the quarter. GC Wealth Management RIA LLC's holdings in Welltower were worth $4,239,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in WELL. Capital Insight Partners LLC purchased a new position in Welltower during the second quarter valued at approximately $538,000. Guyasuta Investment Advisors Inc. grew its position in shares of Welltower by 21.7% during the 2nd quarter. Guyasuta Investment Advisors Inc. now owns 2,524 shares of the real estate investment trust's stock valued at $388,000 after purchasing an additional 450 shares in the last quarter. Western Financial Corp CA purchased a new position in shares of Welltower during the 2nd quarter valued at $1,795,000. Signaturefd LLC grew its position in shares of Welltower by 5.6% during the 2nd quarter. Signaturefd LLC now owns 11,368 shares of the real estate investment trust's stock valued at $1,748,000 after purchasing an additional 606 shares in the last quarter. Finally, ORG Partners LLC grew its position in shares of Welltower by 21.8% during the 2nd quarter. ORG Partners LLC now owns 581 shares of the real estate investment trust's stock valued at $88,000 after purchasing an additional 104 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

Wall Street Analyst Weigh In

WELL has been the subject of several recent analyst reports. KeyCorp boosted their target price on Welltower from $150.00 to $200.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 23rd. Raymond James Financial reissued a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. Wells Fargo & Company boosted their price objective on Welltower from $175.00 to $185.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. Evercore ISI boosted their price objective on Welltower from $175.00 to $183.00 and gave the stock an "in-line" rating in a report on Monday, September 15th. Finally, Scotiabank boosted their price target on shares of Welltower from $172.00 to $181.00 and gave the stock an "outperform" rating in a research note on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Welltower presently has a consensus rating of "Moderate Buy" and a consensus price target of $179.42.

Welltower Price Performance

Shares of Welltower stock opened at $174.90 on Monday. Welltower Inc. has a 52-week low of $122.34 and a 52-week high of $175.10. The stock has a market capitalization of $116.98 billion, a price-to-earnings ratio of 98.81, a price-to-earnings-growth ratio of 1.97 and a beta of 0.93. The company has a fifty day moving average of $166.49 and a 200-day moving average of $155.79. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.06. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.49 billion. During the same period in the prior year, the business posted $1.05 earnings per share. The company's revenue was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Equities research analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were issued a dividend of $0.74 per share. The ex-dividend date was Tuesday, August 12th. This represents a $2.96 annualized dividend and a yield of 1.7%. This is a boost from Welltower's previous quarterly dividend of $0.67. Welltower's dividend payout ratio (DPR) is currently 167.23%.

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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