YHB Investment Advisors Inc. Has $2.18 Million Stock Holdings in Welltower Inc. $WELL

Key Points

• YHB Investment Advisors Inc. significantly increased its stake in Welltower Inc. by 581% during the second quarter, now holding 14,158 shares valued at approximately $2.18 million.
• Welltower recently beat analysts' expectations with a reported $1.28 EPS for the quarter, surpassing the consensus estimate of $1.22, alongside a 39.6% increase in revenue from the previous year's quarter.
• The company increased its quarterly dividend to $0.74 per share, up from $0.67, indicating a yield of 1.8% with a payout ratio of 167.23%.

YHB Investment Advisors Inc. lifted its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 581.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 14,158 shares of the real estate investment trust's stock after purchasing an additional 12,079 shares during the period. YHB Investment Advisors Inc.'s holdings in Welltower were worth $2,177,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of WELL. Brighton Jones LLC lifted its position in shares of Welltower by 7.1% in the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust's stock worth $527,000 after purchasing an additional 279 shares during the period. State of Wyoming bought a new position in shares of Welltower during the 4th quarter worth approximately $184,000. Woodline Partners LP bought a new position in shares of Welltower during the 4th quarter worth approximately $4,459,000. Waverly Advisors LLC raised its stake in shares of Welltower by 18.6% during the 4th quarter. Waverly Advisors LLC now owns 13,805 shares of the real estate investment trust's stock worth $1,740,000 after acquiring an additional 2,162 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC raised its stake in shares of Welltower by 3.1% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 5,699 shares of the real estate investment trust's stock worth $718,000 after acquiring an additional 174 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

Insider Activity at Welltower

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

Welltower Stock Down 0.6%

NYSE:WELL traded down $1.00 on Friday, hitting $165.53. 20,205,185 shares of the company's stock traded hands, compared to its average volume of 2,294,890. The company has a market cap of $110.71 billion, a PE ratio of 93.52, a price-to-earnings-growth ratio of 1.86 and a beta of 0.93. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44. Welltower Inc. has a 1 year low of $122.34 and a 1 year high of $171.09. The firm has a 50-day moving average price of $165.11 and a 200-day moving average price of $154.88.

Welltower (NYSE:WELL - Get Free Report) last posted its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share 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 during the quarter, compared to analyst estimates of $2.49 billion. During the same period in the previous year, the company earned $1.05 EPS. The company's revenue for the quarter was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Equities analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were issued a $0.74 dividend. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $2.96 annualized dividend and a yield of 1.8%. This is a boost from Welltower's previous quarterly dividend of $0.67. Welltower's payout ratio is presently 167.23%.

Analysts Set New Price Targets

A number of brokerages have issued reports on WELL. UBS Group initiated coverage on shares of Welltower in a research note on Friday. They set a "buy" rating and a $195.00 price target on the stock. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. Scotiabank raised their price objective on shares of Welltower from $172.00 to $181.00 and gave the stock an "outperform" rating in a research report on Thursday, August 28th. Evercore ISI lifted their price objective on shares of Welltower from $175.00 to $183.00 and gave the company an "in-line" rating in a report on Monday, September 15th. Finally, Wells Fargo & Company boosted their price objective on shares of Welltower from $175.00 to $185.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $177.55.

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.