Welltower Inc. $WELL Shares Sold by Richwood Investment Advisors LLC

Richwood Investment Advisors LLC cut its position in shares of Welltower Inc. (NYSE:WELL) by 4.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 6,270 shares of the real estate investment trust’s stock after selling 300 shares during the quarter. Richwood Investment Advisors LLC’s holdings in Welltower were worth $964,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WELL. Brighton Jones LLC boosted its stake in shares of Welltower by 7.1% during the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after acquiring an additional 279 shares in the last quarter. NBC Securities Inc. purchased a new position in shares of Welltower in the 1st quarter valued at about $131,000. Procyon Advisors LLC acquired a new position in Welltower in the 1st quarter worth about $234,000. Gateway Investment Advisers LLC purchased a new position in Welltower during the first quarter worth approximately $246,000. Finally, Sivia Capital Partners LLC grew its holdings in Welltower by 4.3% in the first quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust’s stock valued at $273,000 after purchasing an additional 73 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Performance

WELL opened at $174.12 on Tuesday. Welltower Inc. has a twelve month low of $122.34 and a twelve month high of $180.40. The firm has a market capitalization of $116.46 billion, a PE ratio of 98.37, a PEG ratio of 1.97 and a beta of 0.92. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44. The firm’s 50-day moving average price is $168.37 and its 200 day moving average price is $156.95.

Welltower (NYSE:WELL) last released its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.49 billion. Welltower had a net margin of 12.18% and a return on equity of 3.38%. Welltower’s quarterly revenue was up 39.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, sell-side analysts expect 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 dividend of $0.74 per share. The ex-dividend date of this dividend was Tuesday, August 12th. 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%. Welltower’s dividend payout ratio is 167.23%.

Analyst Ratings Changes

Several brokerages have recently weighed in on WELL. Evercore ISI upped their target price on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Welltower in a report on Saturday, September 27th. Scotiabank upped their price target on shares of Welltower from $181.00 to $182.00 and gave the stock an “outperform” rating in a research report on Monday. UBS Group initiated coverage on Welltower in a report on Friday, September 19th. They issued a “buy” rating and a $195.00 price objective on the stock. Finally, KeyCorp boosted their price objective on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and a consensus price target of $180.69.

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.