GTS Securities LLC Sells 3,920 Shares of Welltower Inc. $WELL

GTS Securities LLC lessened its position in shares of Welltower Inc. (NYSE:WELL) by 35.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 7,188 shares of the real estate investment trust’s stock after selling 3,920 shares during the quarter. GTS Securities LLC’s holdings in Welltower were worth $1,631,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Welltower in the 4th quarter valued at $5,466,264,000. Bank of America Corp DE bought a new position in Welltower during the second quarter worth $4,425,089,000. Cardano Risk Management B.V. raised its stake in Welltower by 955.3% during the fourth quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock worth $1,765,808,000 after buying an additional 8,612,016 shares during the last quarter. Legal & General Group Plc acquired a new position in Welltower in the second quarter valued at $1,599,351,000. Finally, Capital World Investors lifted its holdings in Welltower by 153.0% in the fourth quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock valued at $1,994,290,000 after buying an additional 6,497,258 shares during the period. Institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

WELL has been the topic of a number of research analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and set a $245.00 price target on shares of Welltower in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft lifted their price objective on Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Cantor Fitzgerald boosted their price objective on Welltower from $235.00 to $260.00 and gave the company an “overweight” rating in a research note 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 research report on Wednesday, July 22nd. Finally, Barclays assumed coverage on Welltower in a research note on Tuesday, July 7th. They set an “equal weight” rating and a $254.00 target price for the company. Fourteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $246.11.

Insiders Place Their Bets

In other news, Director Andrew Gundlach purchased 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The shares were acquired at an average cost of $239.47 per share, with a total value of $1,197,350.00. Following the purchase, the director owned 25,000 shares in the company, valued at $5,986,750. This represents a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.37% of the company’s stock.

Welltower Trading Down 0.9%

NYSE:WELL opened at $237.51 on Friday. Welltower Inc. has a 12 month low of $163.75 and a 12 month high of $255.20. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $171.18 billion, a price-to-earnings ratio of 108.95, a PEG ratio of 1.14 and a beta of 0.76. The firm has a fifty day simple moving average of $235.54 and a two-hundred day simple moving average of $217.59.

Welltower (NYSE:WELL) last announced 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). The company 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%. Welltower’s revenue for the quarter was up 39.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Analysts expect that Welltower Inc. will post 6.43 EPS 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 paid a dividend of $0.85 per share. This is an increase from Welltower’s previous quarterly dividend of $0.74. 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%. Welltower’s dividend payout ratio (DPR) 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.