Warwick Investment Management Inc. Makes New Investment in Welltower Inc. $WELL

Key Points

• Warwick Investment Management Inc. recently acquired a stake in Welltower Inc., purchasing 2,005 shares valued at approximately $307,000 during the first quarter of the year.
• Welltower reported a 39.6% year-over-year revenue increase in its last quarterly report, achieving $2.55 billion in revenue and earnings per share of $1.28, surpassing estimates.
• The company has announced a quarterly dividend increase to $0.74 per share, up from $0.67, with a current dividend yield of 1.8% and an annual payout ratio of 167.23%.

Warwick Investment Management Inc. bought a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 2,005 shares of the real estate investment trust's stock, valued at approximately $307,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Geller Advisors LLC increased its position in Welltower by 3.7% during the 4th quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust's stock worth $241,000 after purchasing an additional 69 shares during the period. Good Life Advisors LLC increased its position in Welltower by 1.2% during the 1st quarter. Good Life Advisors LLC now owns 5,744 shares of the real estate investment trust's stock worth $880,000 after purchasing an additional 69 shares during the period. Sivia Capital Partners LLC increased its position in Welltower by 4.3% during the 1st quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust's stock worth $273,000 after purchasing an additional 73 shares during the period. Sound View Wealth Advisors Group LLC increased its position in Welltower by 2.0% during the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust's stock worth $558,000 after purchasing an additional 73 shares during the period. Finally, Premier Path Wealth Partners LLC grew its holdings in shares of Welltower by 1.8% in the 1st quarter. Premier Path Wealth Partners LLC now owns 4,427 shares of the real estate investment trust's stock worth $678,000 after acquiring an additional 77 shares during the period. Institutional investors and hedge funds own 94.80% of the company's stock.

Insider Buying and Selling

In other Welltower news, Director Andrew Gundlach purchased 20,000 shares of Welltower stock in a transaction on Monday, June 30th. The shares were bought at an average price of $151.46 per share, with a total value of $3,029,200.00. Following the purchase, the director directly owned 20,000 shares in the company, valued at $3,029,200. This trade 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. Company insiders own 0.21% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on WELL shares. Evercore ISI upped their price target on Welltower from $162.00 to $175.00 and gave the stock an "in-line" rating in a report on Wednesday, July 30th. Morgan Stanley upped their price target on Welltower from $155.00 to $160.00 and gave the stock an "overweight" rating in a report on Tuesday, May 6th. Wall Street Zen cut Welltower from a "hold" rating to a "sell" rating in a report on Thursday, May 8th. Scotiabank restated an "outperform" rating on shares of Welltower in a report on Thursday. Finally, Wells Fargo & Company upped their price target on Welltower from $175.00 to $185.00 and gave the stock an "overweight" rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $175.00.

Welltower Price Performance

NYSE:WELL traded up $0.97 during trading hours on Friday, reaching $168.37. 1,689,650 shares of the company traded hands, compared to its average volume of 2,390,739. The firm's 50-day moving average is $160.73 and its 200-day moving average is $153.17. The stock has a market cap of $112.61 billion, a P/E ratio of 95.13, a P/E/G ratio of 1.89 and a beta of 0.93. 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 Inc. has a 1-year low of $119.93 and a 1-year high of $171.09.

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, beating analysts' consensus estimates of $1.22 by $0.06. The firm had revenue of $2.55 billion for the quarter, compared to analysts' expectations of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.Welltower's quarterly revenue was up 39.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Equities research analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The business also recently announced 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 is a boost from Welltower's previous quarterly dividend of $0.67. The ex-dividend date was Tuesday, August 12th. This represents a $2.96 dividend on an annualized basis and a yield of 1.8%. Welltower's payout ratio 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.