Sentry Investment Management LLC Sells 237 Shares of Welltower Inc. $WELL

Sentry Investment Management LLC decreased its position in shares of Welltower Inc. (NYSE:WELL) by 13.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,559 shares of the real estate investment trust’s stock after selling 237 shares during the quarter. Sentry Investment Management LLC’s holdings in Welltower were worth $237,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of WELL. Cornerstone Wealth Group LLC raised its holdings in Welltower by 4.7% during the 2nd quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock worth $225,000 after buying an additional 66 shares during the period. Rise Advisors LLC raised its holdings in 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 buying an additional 69 shares during the period. Sound View Wealth Advisors Group LLC raised its holdings in Welltower by 2.0% during the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust’s stock worth $558,000 after buying an additional 73 shares during the period. SJS Investment Consulting Inc. raised its holdings in 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 worth $155,000 after buying an additional 73 shares during the period. Finally, Catalyst Financial Partners LLC raised its holdings in 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 worth $284,000 after buying an additional 77 shares during the period. Institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

WELL has been the topic of several research analyst reports. Cantor Fitzgerald initiated coverage on shares of Welltower in a report on Wednesday, October 1st. They set an “overweight” rating and a $195.00 target price on the stock. Scotiabank raised their target price on shares of Welltower from $181.00 to $182.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. National Bankshares set a $246.00 target price on shares of Welltower in a report on Friday. Wells Fargo & Company raised their target price on shares of Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. Finally, Evercore ISI lifted their price objective on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a report on Monday, September 15th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Welltower presently has a consensus rating of “Moderate Buy” and an average target price of $185.36.

Welltower Price Performance

NYSE WELL opened at $175.33 on Monday. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. Welltower Inc. has a 12-month low of $123.11 and a 12-month high of $180.40. The company has a market capitalization of $117.27 billion, a PE ratio of 99.06, a price-to-earnings-growth ratio of 1.97 and a beta of 0.92. The firm’s 50 day moving average is $168.80 and its 200-day moving average is $158.11.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.49 billion. During the same period last year, the company earned $1.05 earnings per share. The firm’s revenue was up 39.6% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Equities research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

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