Proficio Capital Partners LLC Buys Shares of 4,862 Welltower Inc. $WELL

Key Points

• Proficio Capital Partners initiated a Welltower position by purchasing 4,862 shares valued at approximately $1.1 million. Institutional investors collectively own 94.8% of the healthcare REIT’s stock.
• Analysts remain broadly positive, with 14 Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $246.11. Several firms recently raised their targets to between $260 and $265.
• Welltower’s shares opened at $241.81, near their 52-week high, while quarterly revenue rose 39.1% year over year to $3.54 billion despite an EPS miss. The company also increased its quarterly dividend from $0.74 to $0.85, equal to a 1.4% annualized yield.

Proficio Capital Partners LLC bought a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,862 shares of the real estate investment trust's stock, valued at approximately $1,104,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Leonteq Securities AG increased its stake in shares of Welltower by 92.3% during the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust's stock worth $25,000 after purchasing an additional 60 shares in the last quarter. Sound Income Strategies LLC grew its holdings in Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust's stock valued at $27,000 after buying an additional 76 shares during the last quarter. Kilter Group LLC purchased a new position in Welltower during the second quarter worth $29,000. Swiss RE Ltd. purchased a new position in Welltower during the fourth quarter worth $29,000. Finally, Quarry LP acquired a new position in shares of Welltower in the third quarter worth $33,000. Hedge funds and other institutional investors own 94.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wall Street Zen raised Welltower from a "sell" rating to a "hold" rating in a research note on Saturday, May 2nd. Evercore reaffirmed an "outperform" rating and set a $260.00 price target on shares of Welltower in a research note on Thursday, July 30th. Cantor Fitzgerald boosted their price objective on shares of Welltower from $235.00 to $260.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft raised their target price on shares of Welltower from $215.00 to $265.00 and gave the stock a "buy" rating in a research report on Wednesday, July 1st. Finally, Mizuho boosted their price target on Welltower from $239.00 to $260.00 and gave the company an "outperform" rating in a report on Wednesday, July 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $246.11.

Welltower Trading Up 0.3%

NYSE WELL opened at $241.81 on Thursday. Welltower Inc. has a 12 month low of $163.75 and a 12 month high of $255.20. The company has a 50-day moving average of $234.27 and a 200-day moving average of $217.15. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16. The company has a market cap of $174.28 billion, a P/E ratio of 110.92, a P/E/G ratio of 1.15 and a beta of 0.76.

Welltower (NYSE:WELL - Get Free Report) last released its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The company had revenue of $3.54 billion during the quarter, compared to analyst estimates of $3.40 billion. During the same period in the prior year, the business posted $1.28 earnings per share. Welltower's revenue was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, equities analysts predict that Welltower Inc. will post 6.44 earnings per share for the current year.

Welltower Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were issued a $0.85 dividend. This is a boost from Welltower's previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, August 12th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. Welltower's dividend payout ratio (DPR) is 155.96%.

Welltower Profile

Welltower Inc NYSE: WELL is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower's assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company's property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.

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