Stratos Wealth Partners LTD. Boosts Stock Position in Welltower Inc. $WELL

Key Points

• Stratos Wealth Partners LTD. boosted its stake in Welltower Inc. by 114.8% during the second quarter, owning 16,380 shares after purchasing an additional 8,754 shares.
• Welltower's quarterly earnings report showed earnings of $1.28 per share, surpassing expectations, with revenue reaching $2.55 billion.
• Analysts have set a consensus target price of $185.36 for Welltower, with several firms issuing "buy" ratings, indicating optimistic views on the stock's performance.

Stratos Wealth Partners LTD. increased its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 114.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,380 shares of the real estate investment trust's stock after purchasing an additional 8,754 shares during the quarter. Stratos Wealth Partners LTD.'s holdings in Welltower were worth $2,518,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analysts Set New Price Targets

Several analysts have commented on the company. National Bankshares set a $246.00 price target on Welltower in a report on Friday. Scotiabank lifted their price target on Welltower from $181.00 to $182.00 and gave the company an "outperform" rating in a report on Monday, October 6th. Raymond James Financial restated a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. Evercore ISI lifted their price target on Welltower from $175.00 to $183.00 and gave the company an "in-line" rating in a report on Monday, September 15th. Finally, KeyCorp lifted their price target on Welltower from $150.00 to $200.00 and gave the company an "overweight" rating in a report on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $185.36.

Welltower Stock Performance

NYSE WELL opened at $175.33 on Monday. The firm has a market capitalization of $117.27 billion, a P/E ratio of 99.06, a P/E/G ratio of 1.97 and a beta of 0.92. Welltower Inc. has a 1-year low of $123.11 and a 1-year high of $180.40. 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 business's 50-day simple moving average is $168.80 and its 200-day simple moving average is $158.11.

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

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, August 12th. This is an increase from Welltower's previous quarterly dividend of $0.67. Welltower's dividend payout ratio (DPR) is 167.23%.

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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