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

EP Wealth Advisors LLC acquired a new position in Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 274,449 shares of the real estate investment trust’s stock, valued at approximately $62,292,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its stake in Welltower by 7.1% during the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock valued at $527,000 after purchasing an additional 279 shares during the last quarter. Empowered Funds LLC grew its position in Welltower by 31.7% in the first quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock worth $2,266,000 after buying an additional 3,564 shares during the last quarter. Sivia Capital Partners LLC grew its position in Welltower by 7.1% in the second quarter. Sivia Capital Partners LLC now owns 1,910 shares of the real estate investment trust’s stock worth $294,000 after buying an additional 127 shares during the last quarter. Baird Financial Group Inc. increased its holdings in shares of Welltower by 7.3% in the second quarter. Baird Financial Group Inc. now owns 10,871 shares of the real estate investment trust’s stock valued at $1,671,000 after buying an additional 735 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Welltower by 27.0% in the second quarter. NewEdge Advisors LLC now owns 12,435 shares of the real estate investment trust’s stock valued at $1,912,000 after buying an additional 2,641 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on WELL. KeyCorp raised their price objective on Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Citigroup boosted their target price on Welltower from $255.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Mizuho upped their target price on Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Raymond James Financial started coverage on Welltower in a report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 target price for the company. Finally, UBS Group lifted their price target on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus price target of $246.11.

Welltower Trading Up 1.1%

Welltower stock opened at $239.95 on Friday. The firm has a market capitalization of $172.94 billion, a price-to-earnings ratio of 110.07, a P/E/G ratio of 1.14 and a beta of 0.76. The company has a 50 day moving average price of $232.48 and a 200 day moving average price of $215.83. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. Welltower Inc. has a 52 week low of $163.75 and a 52 week high of $255.20.

Welltower (NYSE:WELL) last posted its quarterly 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). The business had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. The firm’s quarterly revenue was up 39.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Research analysts forecast that Welltower Inc. will post 6.44 EPS for the current year.

Welltower Increases Dividend

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

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.