3,877 Shares in Welltower Inc. $WELL Acquired by Glenview Trust Co

Glenview Trust Co acquired a new stake in Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 3,877 shares of the real estate investment trust’s stock, valued at approximately $880,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Leonteq Securities AG increased its position in Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares during the last quarter. Sound Income Strategies LLC increased its holdings in Welltower by 124.6% in the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 76 shares during the last quarter. Swiss RE Ltd. acquired a new position in Welltower in the fourth quarter worth approximately $29,000. Kilter Group LLC bought a new position in Welltower during the second quarter valued at approximately $29,000. Finally, Quarry LP acquired a new stake in Welltower in the third quarter valued at approximately $33,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Trading Down 0.9%

Shares of NYSE:WELL opened at $237.51 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. The stock’s 50-day moving average is $235.54 and its 200-day moving average is $217.59. The company has a market cap of $171.18 billion, a P/E ratio of 108.95, a P/E/G ratio of 1.15 and a beta of 0.76. Welltower Inc. has a 52-week low of $163.75 and a 52-week high of $255.20.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The business had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same period in the prior year, the firm posted $1.28 EPS. Welltower’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. Equities research analysts predict that Welltower Inc. will post 6.43 earnings per share for the current year.

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, August 12th. Welltower’s dividend payout ratio is presently 155.96%.

Insider Buying and Selling at Welltower

In other Welltower news, Director Andrew Gundlach acquired 5,000 shares of Welltower stock in a transaction dated Tuesday, August 25th. The stock was bought at an average cost of $239.47 per share, with a total value of $1,197,350.00. Following the completion of the transaction, the director owned 25,000 shares of the company’s stock, valued at $5,986,750. The trade was a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.37% of the company’s stock.

Wall Street Analyst Weigh In

WELL has been the topic of several analyst reports. Jefferies Financial Group increased their price target on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Barclays assumed coverage on shares of Welltower in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 price objective for the company. Weiss Ratings downgraded shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, UBS Group increased their price objective on Welltower from $249.00 to $271.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Fourteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $246.11.

Welltower Company 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.