Inspire Investing LLC Has $9.05 Million Stake in Welltower Inc. $WELL

Key Points

• Inspire Investing LLC increased its stake in Welltower Inc. by 5.3%, owning 59,062 shares valued at approximately $9.05 million, making Welltower its 10th largest holding.
• Welltower's recent performance includes a 5% increase in revenue compared to the previous year, with earnings per share (EPS) of $1.28 surpassing estimates.
• The company announced a quarterly dividend increase to $0.74 per share, reflecting a boost from their prior dividend and indicating a solid profit reinvestment strategy.

Inspire Investing LLC lifted its stake in Welltower Inc. (NYSE:WELL - Free Report) by 5.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,062 shares of the real estate investment trust's stock after acquiring an additional 2,996 shares during the quarter. Welltower accounts for about 1.1% of Inspire Investing LLC's investment portfolio, making the stock its 10th largest holding. Inspire Investing LLC's holdings in Welltower were worth $9,049,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. SouthState Corp grew its stake in shares of Welltower by 704.8% in the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust's stock worth $26,000 after acquiring an additional 148 shares during the period. Wealth Preservation Advisors LLC bought a new stake in shares of Welltower in the first quarter worth approximately $27,000. Harbor Capital Advisors Inc. bought a new stake in shares of Welltower in the first quarter worth approximately $28,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of Welltower in the first quarter worth approximately $28,000. Finally, Hughes Financial Services LLC bought a new stake in shares of Welltower in the first quarter worth approximately $31,000. 94.80% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Welltower news, Director Andrew Gundlach purchased 20,000 shares of Welltower stock in a transaction that occurred on Monday, June 30th. The shares were bought at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the completion of the transaction, the director owned 20,000 shares of the company's stock, valued at approximately $3,029,200. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.21% of the company's stock.

Analyst Upgrades and Downgrades

WELL has been the topic of a number of research reports. Raymond James Financial reissued a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. Evercore ISI raised their price objective on shares of Welltower from $162.00 to $175.00 and gave the stock an "in-line" rating in a report on Wednesday, July 30th. Wells Fargo & Company raised their price objective on shares of Welltower from $175.00 to $185.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. Finally, Scotiabank raised their price objective on shares of Welltower from $172.00 to $181.00 and gave the stock an "outperform" rating in a report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $175.00.

Welltower Price Performance

Shares of NYSE:WELL opened at $168.39 on Friday. Welltower Inc. has a 1-year low of $122.34 and a 1-year high of $171.09. The firm's 50 day simple moving average is $163.47 and its two-hundred day simple moving average is $154.31. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. The company has a market capitalization of $112.62 billion, a P/E ratio of 95.14, a P/E/G ratio of 1.89 and a beta of 0.93.

Welltower (NYSE:WELL - Get Free Report) last released its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, topping 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 firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter in the previous year, the firm earned $1.05 earnings per share. The company's quarterly revenue was up 39.6% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Research analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were issued a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.8%. This is a boost from Welltower's previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Tuesday, August 12th. Welltower's payout ratio is presently 167.23%.

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.

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