EP Wealth Advisors LLC Buys Shares of 274,449 Welltower Inc. $WELL

EP Wealth Advisors LLC purchased a new stake in shares of Welltower Inc. (NYSE:WELL – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 274,449 shares of the real estate investment trust’s stock, valued at approximately $62,292,000.

A number of other hedge funds have also modified their holdings of WELL. 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. Kilter Group LLC acquired a new position in shares of Welltower during the 2nd quarter valued at about $29,000. Sound Income Strategies LLC raised its stake in shares of Welltower by 124.6% in the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 76 shares in the last quarter. Swiss RE Ltd. bought a new position in shares of Welltower in the 4th quarter valued at approximately $29,000. Finally, Summit Securities Group LLC raised its stake in shares of Welltower by 42.6% in the 2nd quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 49 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

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Welltower Trading Up 1.1%

Welltower stock opened at $239.95 on Friday. Welltower Inc. has a 52 week low of $163.75 and a 52 week high of $255.20. 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 firm has a market capitalization of $172.94 billion, a PE ratio of 110.07, a PEG ratio of 1.14 and a beta of 0.76. The business’s 50-day simple moving average is $232.48 and its 200-day simple moving average is $215.83.

Welltower (NYSE:WELL – Get Free Report) last announced its earnings results 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 net margin of 12.15% and a return on equity of 3.56%. The business had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. During the same quarter in the previous year, the company earned $1.28 EPS. Welltower’s revenue for the quarter was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities research analysts forecast that Welltower Inc. will post 6.44 earnings per share for the current year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 12th were paid a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 1.4%. The ex-dividend date was Wednesday, August 12th. This is an increase from Welltower’s previous quarterly dividend of $0.74. Welltower’s dividend payout ratio is currently 155.96%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on WELL shares. BMO Capital Markets reaffirmed an “outperform” rating and set a $245.00 target price on shares of Welltower in a research report on Monday, May 4th. Wells Fargo & Company lifted their price target on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Weiss Ratings cut shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. KeyCorp boosted their price objective on shares of Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Finally, Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Fourteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $246.11.

Check Out Our Latest Stock Report on WELL

Welltower Profile

(Free Report)

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.

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