Gold Investment Management Ltd. Has $386,000 Stock Position in Welltower Inc. $WELL

Key Points

• Gold Investment Management Ltd. reduced its stake in Welltower Inc. by 41.8%, holding 2,515 shares worth approximately $386,000 as of the latest SEC filing.
• Welltower recently announced a quarterly dividend of $0.74, an increase from the previous dividend of $0.67, reflecting its commitment to returning value to shareholders.
• The company's recent earnings report showed a profit of $1.28 per share, exceeding forecasts and demonstrating a significant revenue increase of 39.6% compared to the previous year.

Gold Investment Management Ltd. lessened its stake in Welltower Inc. (NYSE:WELL - Free Report) by 41.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,515 shares of the real estate investment trust's stock after selling 1,805 shares during the quarter. Gold Investment Management Ltd.'s holdings in Welltower were worth $386,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Brighton Jones LLC increased its position in Welltower by 7.1% during the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust's stock worth $527,000 after buying an additional 279 shares during the period. Versant Capital Management Inc increased its position in shares of Welltower by 27.0% in the first quarter. Versant Capital Management Inc now owns 381 shares of the real estate investment trust's stock worth $58,000 after purchasing an additional 81 shares during the period. NBC Securities Inc. bought a new position in shares of Welltower in the first quarter worth $131,000. Merit Financial Group LLC increased its position in shares of Welltower by 3.0% in the first quarter. Merit Financial Group LLC now owns 25,286 shares of the real estate investment trust's stock worth $3,874,000 after purchasing an additional 729 shares during the period. Finally, Apella Capital LLC increased its position in shares of Welltower by 5.9% in the first quarter. Apella Capital LLC now owns 2,016 shares of the real estate investment trust's stock worth $285,000 after purchasing an additional 112 shares during the period. Institutional investors and hedge funds own 94.80% of the company's stock.

Welltower Stock Performance

Shares of WELL opened at $179.52 on Thursday. The company has a market cap of $120.07 billion, a PE ratio of 101.42, a price-to-earnings-growth ratio of 2.01 and a beta of 0.92. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44. The stock has a 50-day moving average price of $167.49 and a 200-day moving average price of $156.30. Welltower Inc. has a 12-month low of $122.34 and a 12-month high of $180.40.

Welltower (NYSE:WELL - Get Free Report) last released its 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 return on equity of 3.38% and a net margin of 12.18%.Welltower's quarterly revenue was up 39.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, equities analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company 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. This is a positive change from Welltower's previous quarterly dividend of $0.67. This represents a $2.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, August 12th. Welltower's dividend payout ratio is currently 167.23%.

Analyst Ratings Changes

Several research firms have recently weighed in on WELL. Wells Fargo & Company boosted their price target on Welltower from $175.00 to $185.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. Scotiabank upped their target price on Welltower from $172.00 to $181.00 and gave the company an "outperform" rating in a report on Thursday, August 28th. KeyCorp upped their target price on Welltower from $150.00 to $200.00 and gave the company an "overweight" rating in a report on Tuesday, September 23rd. Evercore ISI upped their target price on Welltower from $175.00 to $183.00 and gave the company an "in-line" rating in a report on Monday, September 15th. Finally, Raymond James Financial reissued a "strong-buy" rating on shares of Welltower in a research note on Tuesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $180.62.

About Welltower

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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