PUREfi Wealth LLC Buys Shares of 1,817 Welltower Inc. $WELL

Key Points

• PUREfi Wealth LLC has acquired a new stake in Welltower Inc., purchasing 1,817 shares valued at approximately $279,000 during the 2nd quarter.
• Welltower reported a quarterly earnings of $1.28 EPS, exceeding analysts' expectations, with revenue of $2.55 billion, reflecting a 39.6% year-over-year increase.
• The company has declared a quarterly dividend of $0.74 per share, up from the previous $0.67, which represents a yield of 1.7%.

PUREfi Wealth LLC bought a new stake in shares of Welltower Inc. (NYSE:WELL - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,817 shares of the real estate investment trust's stock, valued at approximately $279,000.

Other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in Welltower by 3.9% during the 1st quarter. LPL Financial LLC now owns 258,052 shares of the real estate investment trust's stock valued at $39,536,000 after purchasing an additional 9,678 shares during the period. Cbre Investment Management Listed Real Assets LLC raised its stake in Welltower by 55.6% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust's stock valued at $461,660,000 after purchasing an additional 1,076,293 shares during the period. Jump Financial LLC acquired a new stake in Welltower during the 1st quarter valued at $1,697,000. Beacon Financial Planning Inc. increased its stake in shares of Welltower by 6.8% in the first quarter. Beacon Financial Planning Inc. now owns 27,893 shares of the real estate investment trust's stock worth $4,274,000 after acquiring an additional 1,780 shares during the last quarter. Finally, Summit Trail Advisors LLC increased its stake in shares of Welltower by 61.4% in the first quarter. Summit Trail Advisors LLC now owns 6,756 shares of the real estate investment trust's stock worth $1,035,000 after acquiring an additional 2,571 shares during the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Trading Down 0.1%

Welltower stock opened at $175.35 on Monday. 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 $117.28 billion, a price-to-earnings ratio of 99.07, a PEG ratio of 1.97 and a beta of 0.92. Welltower Inc. has a one year low of $122.34 and a one year high of $180.40. The company's fifty day moving average price is $168.05 and its two-hundred day moving average price is $156.76.

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, beating 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 analysts' expectations of $2.49 billion. During the same period in the prior year, the company earned $1.05 earnings per share. The business'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. On average, analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were issued a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 1.7%. This is a positive change from Welltower's previous quarterly dividend of $0.67. The ex-dividend date was Tuesday, August 12th. Welltower's dividend payout ratio is currently 167.23%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Evercore ISI upped their price target on shares of Welltower from $175.00 to $183.00 and gave the stock an "in-line" rating in a research note on Monday, September 15th. Scotiabank upped their price target 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. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Welltower in a research note on Saturday, September 27th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Welltower in a research note on Tuesday, September 2nd. Finally, UBS Group assumed coverage on shares of Welltower in a research note on Friday, September 19th. They issued a "buy" rating and a $195.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $180.62.

Welltower 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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