Welltower Inc. $WELL Shares Bought by AlphaQuest LLC

AlphaQuest LLC lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 47.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,711 shares of the real estate investment trust’s stock after purchasing an additional 2,810 shares during the quarter. AlphaQuest LLC’s holdings in Welltower were worth $1,339,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Cornerstone Wealth Group LLC raised its position in Welltower by 4.7% in the 2nd quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock valued at $225,000 after buying an additional 66 shares during the last quarter. Rise Advisors LLC boosted its stake in shares of Welltower by 23.3% during the 1st quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock worth $56,000 after acquiring an additional 69 shares during the period. Sound View Wealth Advisors Group LLC boosted its stake in Welltower by 2.0% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust’s stock valued at $558,000 after purchasing an additional 73 shares during the period. SJS Investment Consulting Inc. lifted its position in shares of Welltower by 7.8% during the 2nd quarter. SJS Investment Consulting Inc. now owns 1,009 shares of the real estate investment trust’s stock valued at $155,000 after acquiring an additional 73 shares during the period. Finally, Catalyst Financial Partners LLC lifted its position in shares of Welltower by 4.3% during the 1st quarter. Catalyst Financial Partners LLC now owns 1,854 shares of the real estate investment trust’s stock valued at $284,000 after acquiring an additional 77 shares during the period. 94.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

WELL has been the subject of a number of research analyst reports. Raymond James Financial reissued a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. UBS Group started coverage on Welltower in a report on Friday, September 19th. They set a “buy” rating and a $195.00 price target for the company. Evercore ISI increased their target price on Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research report on Monday, September 15th. Cantor Fitzgerald began coverage on Welltower in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $195.00 target price for the company. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Welltower in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $186.43.

Welltower Stock Up 1.1%

Shares of NYSE:WELL opened at $178.04 on Friday. Welltower Inc. has a 52-week low of $123.11 and a 52-week high of $180.40. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19. The business’s 50 day simple moving average is $170.05 and its two-hundred day simple moving average is $159.14. The firm has a market cap of $119.08 billion, a P/E ratio of 100.59, a PEG ratio of 1.97 and a beta of 0.92.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 EPS 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%.Welltower’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same period last year, the company posted $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, research analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

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

Welltower 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.