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

Welltower Inc. (NYSE:WELL) Director Andrew Gundlach purchased 5,000 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were purchased at an average price of $239.47 per share, for a total transaction of $1,197,350.00. Following the acquisition, the director directly owned 25,000 shares of the company’s stock, valued at $5,986,750. This trade represents a 25.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Welltower Trading Down 0.9%

Shares of NYSE:WELL traded down $2.14 during mid-day trading on Thursday, hitting $239.42. The stock had a trading volume of 2,365,176 shares, compared to its average volume of 3,214,831. 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 $172.56 billion, a PE ratio of 109.82, a P/E/G ratio of 1.15 and a beta of 0.76. Welltower Inc. has a 12-month low of $163.75 and a 12-month high of $255.20. The company’s 50 day moving average is $234.27 and its 200-day moving average is $217.15.

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

Welltower Increases Dividend

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

Wall Street Analyst Weigh In

WELL has been the subject of several research analyst reports. Scotiabank reduced their price objective on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Royal Bank Of Canada increased their price target on shares of Welltower from $238.00 to $260.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Finally, KeyCorp raised their price target on shares of Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus target price of $246.11.

Institutional Trading of Welltower

Hedge funds and other institutional investors have recently modified their holdings of the company. California State Teachers Retirement System grew its stake in Welltower by 23,475.4% in the second quarter. California State Teachers Retirement System now owns 244,081,495 shares of the real estate investment trust’s stock valued at $55,399,177,000 after purchasing an additional 243,046,172 shares in the last quarter. BlackRock Inc. raised its stake in shares of Welltower by 5.5% during the 2nd quarter. BlackRock Inc. now owns 78,049,214 shares of the real estate investment trust’s stock worth $17,714,830,000 after purchasing an additional 4,045,458 shares in the last quarter. Capital International Investors lifted its holdings in shares of Welltower by 2.0% during the 4th quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock valued at $8,805,411,000 after buying an additional 915,514 shares during the last quarter. State Street Corp lifted its holdings in shares of Welltower by 1.2% during the 4th quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock valued at $7,751,134,000 after buying an additional 506,374 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Welltower in the 4th quarter valued at approximately $5,466,264,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Company 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.