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

Welltower Inc. (NYSE:WELL) Director Andrew Gundlach purchased 5,000 shares of Welltower stock in a transaction that occurred on Tuesday, August 25th. The shares were bought at an average price of $239.47 per share, for a total transaction of $1,197,350.00. Following the completion of the transaction, the director owned 25,000 shares in the company, valued at $5,986,750. The trade was a 25.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Welltower Stock Performance

Welltower stock opened at $239.42 on Friday. Welltower Inc. has a twelve month low of $163.75 and a twelve month high of $255.20. The stock’s 50 day moving average is $234.93 and its 200 day moving average is $217.45. The company has a market capitalization of $172.56 billion, a P/E ratio of 109.82, a PEG ratio of 1.16 and a beta of 0.76. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37.

Welltower (NYSE:WELL) last released 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). 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 business posted $1.28 earnings per share. The firm’s revenue 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, equities research analysts predict that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 12th were issued a $0.85 dividend. The ex-dividend date was Wednesday, August 12th. 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%. Welltower’s dividend payout ratio (DPR) is presently 155.96%.

Wall Street Analyst Weigh In

WELL has been the topic of several research reports. Citigroup lifted their price objective on shares of Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a report on Friday, July 31st. UBS Group boosted their target price on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. BMO Capital Markets reiterated an “outperform” rating and issued a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. KeyCorp upped their target price on Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Finally, Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Fourteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $246.11.

Institutional Investors Weigh In On Welltower

Several hedge funds have recently modified their holdings of the company. Leonteq Securities AG raised its holdings in Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares during the period. Kilter Group LLC acquired a new stake in Welltower in the second quarter valued at approximately $29,000. Sound Income Strategies LLC increased its position in shares of Welltower by 124.6% in the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 76 shares in the last quarter. Solstein Capital LLC acquired a new position in shares of Welltower during the 2nd quarter worth approximately $34,000. Finally, Swiss RE Ltd. acquired a new position in shares of Welltower during the 4th quarter worth approximately $29,000. 94.80% of the stock is 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.