Andrew Gundlach Purchases 5,000 Shares of Welltower (NYSE:WELL) Stock

Welltower Inc. (NYSE:WELL) Director Andrew Gundlach bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The stock was bought at an average price of $239.47 per share, with a total value of $1,197,350.00. Following the completion of the transaction, the director directly owned 25,000 shares of the company’s stock, valued at $5,986,750. This represents a 25.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Welltower Stock Down 0.9%

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

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $3.40 billion. During the same quarter in the previous year, the firm posted $1.28 earnings per share. The company’s revenue was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, research analysts expect that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were issued a $0.85 dividend. This is an increase from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, August 12th. This represents a $3.40 annualized dividend and a yield of 1.4%. Welltower’s dividend payout ratio (DPR) is 155.96%.

Analyst Ratings Changes

Several brokerages have commented on WELL. Raymond James Financial started coverage on shares of Welltower in a report on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price objective for the company. Jefferies Financial Group upped their target price on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Scotiabank decreased their target price on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. KeyCorp raised their target price on Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Finally, Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $246.11.

Institutional Investors Weigh In On Welltower

Institutional investors have recently modified their holdings of the business. Revolve Wealth Partners LLC grew its stake in shares of Welltower by 3.3% during the 2nd quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust’s stock valued at $316,000 after purchasing an additional 45 shares during the period. Cornerstone Financial Management LLC lifted its stake in shares of Welltower by 3.5% in the 2nd quarter. Cornerstone Financial Management LLC now owns 1,318 shares of the real estate investment trust’s stock worth $299,000 after purchasing an additional 45 shares during the period. Family Wealth Partners LLC lifted its stake in shares of Welltower by 1.3% in the 2nd quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust’s stock worth $835,000 after purchasing an additional 48 shares during the period. Natural Investments LLC boosted its holdings in shares of Welltower by 3.0% in the second quarter. Natural Investments LLC now owns 1,673 shares of the real estate investment trust’s stock worth $379,000 after buying an additional 48 shares during the last quarter. Finally, Summit Securities Group LLC grew its position in Welltower by 42.6% during the second quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 49 shares during the period. 94.80% of the stock is owned by hedge funds and other institutional investors.

About Welltower

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.