Rep. Jefferson Shreve Sells Off Shares of Welltower Inc. (NYSE:WELL)

Representative Jefferson Shreve (R-Indiana) recently sold shares of Welltower Inc. NYSE: WELL. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in Welltower stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Welltower Price Performance

Shares of NYSE WELL traded up $0.16 during mid-day trading on Friday, reaching $161.56. The company had a trading volume of 1,556,456 shares, compared to its average volume of 2,985,962. The company has a debt-to-equity ratio of 0.46, a quick ratio of 4.23 and a current ratio of 4.23. Welltower Inc. has a one year low of $108.24 and a one year high of $162.26. The firm has a market cap of $105.66 billion, a price-to-earnings ratio of 92.85, a PEG ratio of 1.88 and a beta of 0.92. The business's 50-day simple moving average is $153.35 and its 200 day simple moving average is $147.47.

Welltower (NYSE:WELL - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.05. Welltower had a return on equity of 3.41% and a net margin of 12.65%. The company had revenue of $2.42 billion for the quarter, compared to analysts' expectations of $2.40 billion. During the same quarter last year, the business earned $1.01 earnings per share. Welltower's revenue was up 30.3% on a year-over-year basis. On average, research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Wednesday, May 14th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend was Wednesday, May 14th. Welltower's payout ratio is 154.02%.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Evercore ISI raised their price target on Welltower from $145.00 to $157.00 and gave the stock an "in-line" rating in a research report on Thursday, May 1st. Morgan Stanley lifted their target price on Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a research report on Tuesday, May 6th. Scotiabank reiterated an "outperform" rating on shares of Welltower in a research report on Monday, June 23rd. Wall Street Zen cut Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Finally, Wedbush reiterated an "underperform" rating on shares of Welltower in a research report on Thursday, April 17th. Two analysts have rated the stock with a sell rating, one has given a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $168.18.

Institutional Trading of Welltower

A number of hedge funds have recently made changes to their positions in the company. SouthState Corp lifted its stake in Welltower by 704.8% in the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust's stock valued at $26,000 after buying an additional 148 shares during the period. Wealth Preservation Advisors LLC acquired a new position in Welltower in the first quarter valued at approximately $27,000. Harbor Capital Advisors Inc. acquired a new position in Welltower in the first quarter valued at approximately $28,000. Smallwood Wealth Investment Management LLC acquired a new position in Welltower in the first quarter valued at approximately $28,000. Finally, Hughes Financial Services LLC bought a new stake in shares of Welltower during the first quarter valued at approximately $31,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Welltower

In other news, Director Andrew Gundlach acquired 20,000 shares of the firm's stock in a transaction dated Monday, June 30th. The stock was purchased at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the completion of the acquisition, the director directly owned 20,000 shares in the company, valued at $3,029,200. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 0.21% of the stock is currently owned by corporate insiders.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.