Valmark Advisers Inc. Increases Position in Welltower Inc. $WELL

Valmark Advisers Inc. increased its stake in Welltower Inc. (NYSE:WELL) by 29.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,007 shares of the real estate investment trust’s stock after acquiring an additional 691 shares during the period. Valmark Advisers Inc.’s holdings in Welltower were worth $462,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC grew its position in Welltower by 3.9% in the first quarter. LPL Financial LLC now owns 258,052 shares of the real estate investment trust’s stock worth $39,536,000 after acquiring an additional 9,678 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC grew its position in Welltower by 55.6% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock worth $461,660,000 after acquiring an additional 1,076,293 shares in the last quarter. Jump Financial LLC purchased a new stake in Welltower during the first quarter valued at about $1,697,000. Beacon Financial Planning Inc. boosted its position in Welltower by 6.8% during the first quarter. Beacon Financial Planning Inc. now owns 27,893 shares of the real estate investment trust’s stock valued at $4,274,000 after buying an additional 1,780 shares during the period. Finally, Summit Trail Advisors LLC boosted its position in Welltower by 61.4% during the first quarter. Summit Trail Advisors LLC now owns 6,756 shares of the real estate investment trust’s stock valued at $1,035,000 after buying an additional 2,571 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WELL has been the subject of several analyst reports. Scotiabank upped their price target on shares of Welltower from $181.00 to $182.00 and gave the company an “outperform” rating in a research report on Monday. Weiss Ratings restated a “buy (b)” rating on shares of Welltower in a research report on Wednesday. Cantor Fitzgerald initiated coverage on shares of Welltower in a research report on Wednesday, October 1st. They set an “overweight” rating and a $195.00 price target for the company. Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Finally, KeyCorp upped their price target on shares of Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, September 23rd. One investment 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 issued a Sell rating to the company. According to data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and an average target price of $180.69.

Welltower Stock Performance

Welltower stock opened at $167.10 on Friday. 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 has a 50-day moving average of $168.60 and a 200-day moving average of $157.26. The firm has a market cap of $111.76 billion, a P/E ratio of 94.41, a P/E/G ratio of 1.91 and a beta of 0.92. Welltower Inc. has a 1-year low of $122.34 and a 1-year high of $180.40.

Welltower (NYSE:WELL) last posted its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.49 billion. Welltower had a net margin of 12.18% and a return on equity of 3.38%. Welltower’s revenue for the quarter was up 39.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Sell-side analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Tuesday, August 12th were paid a $0.74 dividend. 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 1.8%. Welltower’s payout ratio is currently 167.23%.

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.