Integrity Alliance LLC. Purchases Shares of 5,315 Welltower Inc. $WELL

Key Points

• Integrity Alliance LLC acquired 5,315 shares of Welltower Inc., valued at approximately $814,000, marking a significant investment in the real estate investment trust during the 1st quarter of the year.
• Welltower's stock has received multiple analyst upgrades, with target prices increasing to a range between $175.00 and $185.00, indicating strong institutional confidence in the company's future performance.
• The firm recently announced a dividend increase from $0.67 to $0.74 per share, reflecting its commitment to returning value to shareholders amid strong revenue growth.

Integrity Alliance LLC. purchased a new stake in shares of Welltower Inc. (NYSE:WELL - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,315 shares of the real estate investment trust's stock, valued at approximately $814,000.

Several other institutional investors have also added to or reduced their stakes in WELL. SouthState Corp boosted its position in Welltower by 704.8% during the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust's stock valued at $26,000 after buying an additional 148 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in shares of Welltower during the first quarter worth about $27,000. Harbor Capital Advisors Inc. purchased a new stake in shares of Welltower during the first quarter worth about $28,000. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Welltower during the first quarter worth about $28,000. Finally, Hughes Financial Services LLC purchased a new stake in shares of Welltower during the first quarter worth about $31,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Welltower

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Scotiabank increased their target price on shares of Welltower from $172.00 to $181.00 and gave the stock an "outperform" rating in a report on Thursday, August 28th. Evercore ISI increased their target price 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 increased their target price 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, Raymond James Financial reiterated a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. One research 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 assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $175.00.

Welltower Price Performance

WELL stock 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 company has a market cap of $112.62 billion, a P/E ratio of 95.14, a PEG ratio of 1.89 and a beta of 0.93. The firm has a 50-day moving average of $163.47 and a 200 day moving average of $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.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.22 by $0.06. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same period in the prior year, the firm earned $1.05 earnings per share. Welltower'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. On average, sell-side analysts forecast that Welltower Inc. will post 4.88 EPS for the current 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 paid a dividend of $0.74 per share. 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 dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, August 12th. Welltower's payout ratio is 167.23%.

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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