Integrated Wealth Concepts LLC Acquires 401 Shares of Welltower Inc. $WELL

Integrated Wealth Concepts LLC increased its holdings in shares of Welltower Inc. (NYSE:WELL) by 6.3% during the 1st quarter, Holdings Channel.com reports. The fund owned 6,732 shares of the real estate investment trust’s stock after acquiring an additional 401 shares during the period. Integrated Wealth Concepts LLC’s holdings in Welltower were worth $1,031,000 at the end of the most recent reporting period.

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

Insider Activity

In related news, Director Andrew Gundlach bought 20,000 shares of Welltower stock in a transaction dated Monday, June 30th. The shares were bought at an average cost of $151.46 per share, for a total transaction of $3,029,200.00. Following the completion of the transaction, the director owned 20,000 shares of the company’s stock, valued at approximately $3,029,200. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on WELL shares. Evercore ISI lifted their target price on shares of Welltower from $162.00 to $175.00 and gave the company an “in-line” rating in a research report on Wednesday, July 30th. Scotiabank lifted their target price on shares of Welltower from $172.00 to $181.00 and gave the company an “outperform” rating in a research report on Thursday, August 28th. Wells Fargo & Company boosted their price target on shares of Welltower from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Wednesday, August 27th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Welltower currently has an average rating of “Moderate Buy” and a consensus target price of $175.00.

Welltower Price Performance

NYSE:WELL opened at $168.39 on Friday. The firm has a market cap of $112.62 billion, a PE ratio of 95.14, a price-to-earnings-growth ratio of 1.89 and a beta of 0.93. Welltower Inc. has a 12 month low of $122.34 and a 12 month high of $171.09. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. The company’s 50-day moving average price is $163.47 and its two-hundred day moving average price is $154.31.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $2.55 billion for 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%. The company’s revenue for the quarter was up 39.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, equities analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were given a dividend of $0.74 per share. The ex-dividend date was Tuesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.67. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.8%. Welltower’s dividend payout ratio (DPR) is currently 167.23%.

Welltower 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.