Intech Investment Management LLC Has $22.86 Million Position in Welltower Inc. $WELL

Key Points

• Intech Investment Management LLC reduced its position in Welltower Inc. by 4.4%, selling 6,819 shares, and now holds 149,197 shares valued at approximately $22.86 million.
• Welltower reported $1.28 earnings per share (EPS) for the latest quarter, surpassing analyst expectations and displaying a 39.6% year-over-year revenue growth.
• The company announced a quarterly dividend payment of $0.74, an increase from the previous dividend of $0.67, indicating a positive trend in shareholder returns.

Intech Investment Management LLC decreased its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 4.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 149,197 shares of the real estate investment trust's stock after selling 6,819 shares during the period. Intech Investment Management LLC's holdings in Welltower were worth $22,858,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Focus Partners Wealth grew its stake in shares of Welltower by 5.8% during the first quarter. Focus Partners Wealth now owns 39,033 shares of the real estate investment trust's stock worth $5,980,000 after buying an additional 2,128 shares during the last quarter. Integrity Alliance LLC. acquired a new position in Welltower in the 1st quarter worth about $814,000. Anchor Investment Management LLC bought a new position in Welltower in the first quarter valued at about $46,000. Plato Investment Management Ltd boosted its stake in shares of Welltower by 42.7% during the first quarter. Plato Investment Management Ltd now owns 4,387 shares of the real estate investment trust's stock valued at $679,000 after purchasing an additional 1,312 shares in the last quarter. Finally, Bayforest Capital Ltd boosted its stake in shares of Welltower by 921.7% during the first quarter. Bayforest Capital Ltd now owns 1,226 shares of the real estate investment trust's stock valued at $188,000 after purchasing an additional 1,106 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Insider Buying and Selling at Welltower

In related news, Director Andrew Gundlach acquired 20,000 shares of the business's stock in a transaction dated Monday, June 30th. The shares were bought at an average price of $151.46 per share, with a total value of $3,029,200.00. Following the transaction, the director directly owned 20,000 shares of the company's stock, valued at $3,029,200. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.21% of the company's stock.

Welltower Trading Up 0.4%

WELL traded up $0.62 during trading on Friday, hitting $169.09. The company's stock had a trading volume of 1,981,760 shares, compared to its average volume of 2,096,364. The firm has a market capitalization of $113.09 billion, a P/E ratio of 95.53, a PEG ratio of 1.90 and a beta of 0.93. Welltower Inc. has a twelve month low of $122.34 and a twelve month high of $171.09. The stock's fifty day moving average price is $163.79 and its 200-day moving average price is $154.43. 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 (NYSE:WELL - Get Free Report) last announced its quarterly earnings data 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. 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 company's quarterly revenue was up 39.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were issued a dividend of $0.74 per share. This is an increase from Welltower's previous quarterly dividend of $0.67. This represents a $2.96 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Tuesday, August 12th. Welltower's dividend payout ratio (DPR) is currently 167.23%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Wells Fargo & Company upped their price objective on Welltower from $175.00 to $185.00 and gave the company an "overweight" rating in a research note on Wednesday, August 27th. Evercore ISI raised their price target on shares of Welltower from $162.00 to $175.00 and gave the company an "in-line" rating in a research note on Wednesday, July 30th. Scotiabank boosted their price objective 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. Finally, Raymond James Financial restated a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $175.00.

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.