Walter Public Investments Inc. Purchases 22,895 Shares of Welltower Inc. $WELL

Key Points

• Walter Public Investments increased its Welltower position by 763.2% in the second quarter, purchasing 22,895 additional shares and bringing its total holdings to 25,895 shares valued at approximately $5.88 million.
• Analysts remain broadly bullish on Welltower, with 14 Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $246.11.
• Welltower reported quarterly revenue of $3.54 billion, up 39.1% year over year, but missed EPS estimates. The company also raised its quarterly dividend to $0.85 per share, implying a 1.4% annualized yield.

Walter Public Investments Inc. lifted its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 763.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,895 shares of the real estate investment trust's stock after buying an additional 22,895 shares during the period. Walter Public Investments Inc.'s holdings in Welltower were worth $5,877,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of WELL. Revolve Wealth Partners LLC boosted its stake in Welltower by 3.3% in the second quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust's stock worth $316,000 after buying an additional 45 shares in the last quarter. Family Wealth Partners LLC lifted its holdings in shares of Welltower by 1.3% in the 2nd quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust's stock worth $835,000 after acquiring an additional 48 shares during the last quarter. Summit Securities Group LLC boosted its stake in shares of Welltower by 42.6% in the 2nd quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 49 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Welltower by 2.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust's stock valued at $367,000 after purchasing an additional 49 shares in the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of Welltower by 0.7% during the 1st quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust's stock valued at $1,416,000 after purchasing an additional 50 shares during the last quarter. Institutional investors own 94.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Wells Fargo & Company lifted their target price on shares of Welltower from $228.00 to $237.00 and gave the stock an "overweight" rating in a research report on Monday, June 1st. Raymond James Financial began coverage on Welltower in a research note on Tuesday, June 16th. They issued an "outperform" rating and a $226.00 price target for the company. KeyCorp lifted their price objective on Welltower from $240.00 to $275.00 and gave the company an "overweight" rating in a research report on Tuesday, August 4th. Barclays assumed coverage on shares of Welltower in a research note on Tuesday, July 7th. They set an "equal weight" rating and a $254.00 price objective on the stock. Finally, Citigroup lifted their target price on shares of Welltower from $255.00 to $275.00 and gave the company a "buy" rating in a report on Friday, July 31st. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $246.11.

Welltower Price Performance

Shares of NYSE:WELL opened at $235.55 on Friday. The business has a fifty day moving average price of $229.65 and a 200-day moving average price of $214.01. 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 capitalization of $169.77 billion, a PE ratio of 108.05, a PEG ratio of 1.13 and a beta of 0.76. Welltower Inc. has a 1-year low of $161.26 and a 1-year high of $255.20.

Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm had revenue of $3.54 billion during the quarter, compared to the consensus estimate of $3.40 billion. During the same quarter in the previous year, the firm earned $1.28 EPS. The business's revenue for the quarter 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 expect that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be paid a $0.85 dividend. This is a boost from Welltower's previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, August 12th. Welltower's payout ratio is currently 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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