Quantbot Technologies LP Buys 16,276 Shares of Welltower Inc. $WELL

Key Points

• Quantbot Technologies LP increased its stake in Welltower Inc. by 294.0%, acquiring 16,276 additional shares to reach a total of 21,812 shares valued at approximately $3.34 million.
• Welltower announced a dividend increase to $0.74 per share, up from $0.67, which will be paid out to investors on August 21st.
• Despite a beat on earnings with $1.28 per share, analysts have mixed views, with one rating a sell and others maintaining a range of buy ratings, reflecting a consensus rating of "Moderate Buy."

Quantbot Technologies LP grew its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 294.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,812 shares of the real estate investment trust's stock after buying an additional 16,276 shares during the quarter. Quantbot Technologies LP's holdings in Welltower were worth $3,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP grew its stake in Welltower by 14.0% during the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust's stock worth $3,261,792,000 after buying an additional 2,614,562 shares during the last quarter. Bank of America Corp DE grew its stake in Welltower by 9.7% during the fourth quarter. Bank of America Corp DE now owns 18,706,788 shares of the real estate investment trust's stock worth $2,357,617,000 after buying an additional 1,652,611 shares during the last quarter. Northern Trust Corp grew its stake in Welltower by 0.4% during the first quarter. Northern Trust Corp now owns 8,467,221 shares of the real estate investment trust's stock worth $1,297,263,000 after buying an additional 36,725 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Welltower by 10.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,632,705 shares of the real estate investment trust's stock worth $961,950,000 after buying an additional 712,279 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Welltower by 14.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 6,956,594 shares of the real estate investment trust's stock worth $1,065,820,000 after buying an additional 877,856 shares during the last quarter. 94.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Welltower news, Director Andrew Gundlach acquired 20,000 shares of the business's stock in a transaction that occurred on 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 acquisition, the director directly owned 20,000 shares of the company's stock, valued at approximately $3,029,200. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.21% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts have weighed in on WELL shares. Wall Street Zen cut shares of Welltower from a "hold" rating to a "sell" rating in a research note on Thursday, May 8th. Wells Fargo & Company upped their price objective on shares of Welltower from $158.00 to $175.00 and gave the stock an "overweight" rating in a research note on Monday, June 2nd. Scotiabank reiterated an "outperform" rating on shares of Welltower in a research report on Monday, June 23rd. Evercore ISI upped their target price on shares of Welltower from $162.00 to $175.00 and gave the stock an "in-line" rating in a research report on Wednesday, July 30th. Finally, Morgan Stanley upped their target price on shares of Welltower from $155.00 to $160.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $169.82.

Welltower Price Performance

Shares of WELL stock opened at $163.4290 on Wednesday. Welltower Inc. has a 1 year low of $115.49 and a 1 year high of $171.09. The firm's 50 day moving average is $158.38 and its 200-day moving average is $151.88. The firm has a market capitalization of $109.31 billion, a price-to-earnings ratio of 92.33, a PEG ratio of 1.86 and a beta of 0.93. The company has a current ratio of 4.19, a quick 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 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.06. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.49 billion. During the same period in the prior year, the business posted $1.05 earnings per share. Welltower's 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. Sell-side analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

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

Welltower Company 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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