Kingsview Wealth Management LLC Buys Shares of 8,824 Welltower Inc. $WELL

Kingsview Wealth Management LLC purchased a new position in Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 8,824 shares of the real estate investment trust’s stock, valued at approximately $2,003,000.

A number of other large investors have also made changes to their positions in the business. Beacon Pointe Advisors LLC purchased a new stake in shares of Welltower during the 2nd quarter valued at $4,607,000. 49 Wealth Management LLC purchased a new position in Welltower during the 2nd quarter worth $296,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in Welltower during the 2nd quarter valued at about $1,182,000. Rakuten Investment Management Inc. acquired a new position in Welltower during the 2nd quarter valued at about $26,276,000. Finally, Orion Capital Management LLC acquired a new position in Welltower during the 2nd quarter valued at about $138,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Stock Down 0.9%

Welltower stock opened at $237.51 on Friday. The business’s 50-day simple moving average is $235.54 and its two-hundred day simple moving average is $217.59. 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 company has a market cap of $171.18 billion, a PE ratio of 108.95, a PEG ratio of 1.14 and a beta of 0.76. Welltower Inc. has a fifty-two week low of $163.75 and a fifty-two week high of $255.20.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the previous year, the business earned $1.28 earnings per share. The company’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 analysts anticipate that Welltower Inc. will post 6.43 EPS for the current year.

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were given a dividend of $0.85 per share. The ex-dividend date of this dividend was Wednesday, August 12th. This represents a $3.40 dividend on an annualized basis and a yield of 1.4%. This is a boost from Welltower’s previous quarterly dividend of $0.74. Welltower’s payout ratio is 155.96%.

Insider Transactions at Welltower

In other Welltower news, Director Andrew Gundlach acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was acquired at an average cost of $239.47 per share, for a total transaction of $1,197,350.00. Following the purchase, the director owned 25,000 shares in the company, valued at approximately $5,986,750. The trade was a 25.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on WELL shares. Mizuho raised their price target on Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Wells Fargo & Company lifted their target price on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Barclays started coverage on shares of Welltower in a research report on Tuesday, July 7th. They set an “equal weight” rating and a $254.00 target price on the stock. Wall Street Zen upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Cantor Fitzgerald raised their price target on shares of Welltower from $235.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $246.11.

Welltower Profile

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.