Vestmark Advisory Solutions Inc. Boosts Stock Holdings in Welltower Inc. $WELL

Key Points

• Vestmark Advisory Solutions Inc. increased its holdings in Welltower Inc. by 29.2%, acquiring an additional 4,205 shares for a total of 18,622 shares valued at approximately $2.85 million.
• In a recent transaction, Director Andrew Gundlach purchased 20,000 shares of Welltower stock for $3.03 million, indicating significant insider confidence in the company's prospects.
• Welltower declared a quarterly dividend increase to $0.74 per share, up from the previous $0.67, with a current yield of 1.8%.

Vestmark Advisory Solutions Inc. raised its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 29.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,622 shares of the real estate investment trust's stock after purchasing an additional 4,205 shares during the period. Vestmark Advisory Solutions Inc.'s holdings in Welltower were worth $2,853,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Nuveen LLC acquired a new position in shares of Welltower during the 1st quarter valued at about $762,204,000. Northern Trust Corp grew its holdings in Welltower by 53.5% in the 4th quarter. Northern Trust Corp now owns 8,430,496 shares of the real estate investment trust's stock valued at $1,062,495,000 after buying an additional 2,939,229 shares during the last quarter. GAMMA Investing LLC grew its holdings in Welltower by 17,343.3% in the 1st quarter. GAMMA Investing LLC now owns 1,738,052 shares of the real estate investment trust's stock valued at $266,287,000 after buying an additional 1,728,088 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Welltower by 9.7% during the 4th 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 purchasing an additional 1,652,611 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Welltower during the 4th quarter worth approximately $194,272,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Welltower

In other Welltower news, Director Andrew Gundlach bought 20,000 shares of the business's stock in a transaction dated Monday, June 30th. The shares were purchased at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the purchase, the director directly owned 20,000 shares of the company's stock, valued at approximately $3,029,200. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.21% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on WELL. Morgan Stanley lifted their price objective on Welltower from $155.00 to $160.00 and gave the stock an "overweight" rating in a report on Tuesday, May 6th. Wells Fargo & Company boosted their target price on Welltower from $158.00 to $175.00 and gave the stock an "overweight" rating in a research report on Monday, June 2nd. Wall Street Zen lowered Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Scotiabank reissued an "outperform" rating on shares of Welltower in a research report on Monday, June 23rd. Finally, Evercore ISI increased their price target on Welltower from $162.00 to $175.00 and gave the company an "in-line" rating in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Welltower currently has an average rating of "Moderate Buy" and an average target price of $173.10.

Welltower Price Performance

Welltower stock traded up $0.8850 during mid-day trading on Thursday, reaching $166.8750. 678,664 shares of the company were exchanged, compared to its average volume of 2,926,177. The company has a fifty day simple moving average of $158.70 and a 200-day simple moving average of $151.98. The firm has a market cap of $111.61 billion, a PE ratio of 94.28, a PEG ratio of 1.87 and a beta of 0.93. Welltower Inc. has a 12 month low of $116.50 and a 12 month high of $171.09. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19.

Welltower (NYSE:WELL - Get Free Report) last announced its earnings results 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. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.49 billion. During the same period in the previous year, the business earned $1.05 EPS. 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. As a group, equities research analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

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