Wealth Enhancement Advisory Services LLC Boosts Stock Position in Welltower Inc. $WELL

Key Points

• Wealth Enhancement Advisory Services LLC raised its position in Welltower Inc. by 3.3% in Q2, increasing its holdings to 135,853 shares valued at approximately $20.75 million.
• Welltower reported a quarterly earnings per share (EPS) of $1.28, exceeding expectations, with a revenue of $2.55 billion—a 39.6% increase year-over-year.
• The company recently raised its quarterly dividend from $0.67 to $0.74 per share, reflecting a positive outlook despite a high dividend payout ratio of 167.23%.

Wealth Enhancement Advisory Services LLC raised its position in Welltower Inc. (NYSE:WELL - Free Report) by 3.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 135,853 shares of the real estate investment trust's stock after acquiring an additional 4,350 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Welltower were worth $20,754,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Nuveen LLC purchased a new position in shares of Welltower during the first quarter valued at approximately $762,204,000. Price T Rowe Associates Inc. MD boosted its position in shares of Welltower by 41.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust's stock valued at $1,367,226,000 after buying an additional 2,622,384 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of 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 valued at $3,261,792,000 after buying an additional 2,614,562 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Welltower by 17,343.3% during the first 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. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Welltower during the fourth quarter valued at approximately $194,272,000. Institutional investors and hedge funds own 94.80% of the company's stock.

Insider Activity

In other news, Director Andrew Gundlach acquired 20,000 shares of the business's stock in a transaction dated Monday, June 30th. The stock was purchased at an average cost of $151.46 per share, for a total transaction of $3,029,200.00. Following the acquisition, the director owned 20,000 shares of the company's stock, valued at $3,029,200. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.21% of the company's stock.

Welltower Price Performance

NYSE WELL traded up $3.77 during trading on Tuesday, reaching $171.19. The company's stock had a trading volume of 1,040,704 shares, compared to its average volume of 2,970,189. The stock has a market capitalization of $114.50 billion, a PE ratio of 96.77, a P/E/G ratio of 1.86 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. The firm has a fifty day moving average of $165.30 and a 200 day moving average of $155.06. Welltower Inc. has a one year low of $122.34 and a one 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 earnings per share for the quarter, topping analysts' consensus estimates 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 quarterly revenue was up 39.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

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

Wall Street Analyst Weigh In

WELL has been the topic of several analyst reports. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Welltower in a research report on Tuesday, September 2nd. KeyCorp lifted their target price on Welltower from $150.00 to $200.00 and gave the company an "overweight" rating in a research report on Tuesday. Wells Fargo & Company lifted their target price on Welltower from $175.00 to $185.00 and gave the company an "overweight" rating in a research report on Wednesday, August 27th. UBS Group assumed coverage on Welltower in a research report on Friday. They issued a "buy" rating and a $195.00 price objective on the stock. Finally, Evercore ISI boosted their price objective on Welltower from $175.00 to $183.00 and gave the stock an "in-line" rating in a research report on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned 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 company currently has a consensus rating of "Moderate Buy" and a consensus price target of $179.42.

About Welltower

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.