Welltower Inc. $WELL Shares Sold by Lansforsakringar Fondforvaltning AB publ

Key Points

• Lansforsakringar Fondforvaltning AB reduced its stake in Welltower Inc. by 1.6%, selling 3,354 shares and retaining 201,503 shares worth approximately $30.87 million.
• Director Andrew Gundlach purchased 20,000 shares of Welltower, indicating strong insider confidence in the company's performance.
• Welltower's recent earnings report beat analysts' expectations, with an EPS of $1.28 and a revenue of $2.55 billion, reflecting a 39.6% increase year-over-year.

Lansforsakringar Fondforvaltning AB publ trimmed its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 1.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 201,503 shares of the real estate investment trust's stock after selling 3,354 shares during the quarter. Lansforsakringar Fondforvaltning AB publ's holdings in Welltower were worth $30,872,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Geller Advisors LLC increased its holdings in shares of Welltower by 3.7% in the 4th quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust's stock valued at $241,000 after acquiring an additional 69 shares during the period. Good Life Advisors LLC increased its holdings in shares of Welltower by 1.2% in the 1st quarter. Good Life Advisors LLC now owns 5,744 shares of the real estate investment trust's stock valued at $880,000 after acquiring an additional 69 shares during the period. Sivia Capital Partners LLC grew its position in Welltower by 4.3% in the 1st quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust's stock valued at $273,000 after buying an additional 73 shares during the last quarter. Sound View Wealth Advisors Group LLC grew its position in Welltower by 2.0% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust's stock valued at $558,000 after buying an additional 73 shares during the last quarter. Finally, Premier Path Wealth Partners LLC grew its position in Welltower by 1.8% in the 1st quarter. Premier Path Wealth Partners LLC now owns 4,427 shares of the real estate investment trust's stock valued at $678,000 after buying an additional 77 shares during the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on WELL shares. Scotiabank reiterated an "outperform" rating on shares of Welltower in a research report on Thursday. Morgan Stanley lifted their price objective on shares of Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a research report on Tuesday, May 6th. Wall Street Zen lowered shares of Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Evercore ISI lifted their price objective on shares of Welltower from $162.00 to $175.00 and gave the company an "in-line" rating in a research report on Wednesday, July 30th. Finally, Wells Fargo & Company lifted their price objective on shares of Welltower from $175.00 to $185.00 and gave the company an "overweight" rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $175.00.

Insider Activity at Welltower

In other Welltower news, Director Andrew Gundlach purchased 20,000 shares of the stock in a transaction dated Monday, June 30th. The shares were acquired at an average cost of $151.46 per share, for a total transaction of $3,029,200.00. Following the completion of 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 purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 0.21% of the stock is owned by corporate insiders.

Welltower Price Performance

Welltower stock traded up $0.97 during midday trading on Friday, reaching $168.37. The company's stock had a trading volume of 1,689,650 shares, compared to its average volume of 2,390,739. Welltower Inc. has a fifty-two week low of $119.93 and a fifty-two week high of $171.09. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19. The stock's 50 day simple moving average is $160.73 and its 200 day simple moving average is $153.21. The firm has a market capitalization of $112.61 billion, a PE ratio of 95.13, a P/E/G ratio of 1.90 and a beta of 0.93.

Welltower (NYSE:WELL - Get Free Report) last released 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 business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.49 billion. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The business's revenue for the quarter was up 39.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, equities research analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were given a $0.74 dividend. This is a boost 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%.

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.