Kingsview Wealth Management LLC Acquires Shares of 8,824 Welltower Inc. $WELL

Kingsview Wealth Management LLC acquired a new stake in Welltower Inc. (NYSE:WELL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,824 shares of the real estate investment trust’s stock, valued at approximately $2,003,000.

A number of other hedge funds have also recently modified their holdings of the stock. Beacon Pointe Advisors LLC acquired a new stake in Welltower during the second quarter worth about $4,607,000. 49 Wealth Management LLC purchased a new position in Welltower during the second quarter valued at approximately $296,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in Welltower in the second quarter valued at approximately $1,182,000. Rakuten Investment Management Inc. acquired a new position in Welltower in the second quarter valued at approximately $26,276,000. Finally, Orion Capital Management LLC purchased a new stake in Welltower in the 2nd quarter worth approximately $138,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Mizuho raised their price objective on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Weiss Ratings cut shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. 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 report on Monday, August 3rd. Cantor Fitzgerald raised their price target on shares of Welltower from $235.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Finally, Barclays started coverage on shares of Welltower in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 price objective for the company. Fourteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $246.11.

Welltower Price Performance

NYSE:WELL opened at $237.51 on Friday. Welltower Inc. has a one year low of $163.75 and a one year high of $255.20. 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 stock has a market cap of $171.18 billion, a PE ratio of 108.95, a P/E/G ratio of 1.14 and a beta of 0.76. The stock has a 50 day moving average price of $235.54 and a 200 day moving average price of $217.59.

Welltower (NYSE:WELL) last released its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates 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 return on equity of 3.56% and a net margin of 12.15%.The business’s quarterly revenue was up 39.1% on a year-over-year basis. During the same period last year, the firm posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities research analysts expect that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 12th were given a dividend of $0.85 per share. The ex-dividend date was Wednesday, August 12th. This is an increase from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a yield of 1.4%. Welltower’s dividend payout ratio (DPR) is 155.96%.

Insider Buying and Selling

In other news, Director Andrew Gundlach bought 5,000 shares of Welltower stock in a transaction on Tuesday, August 25th. The shares were bought at an average cost of $239.47 per share, with a total value of $1,197,350.00. Following the completion of the purchase, the director directly owned 25,000 shares of the company’s stock, valued at approximately $5,986,750. This trade represents a 25.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.37% of the stock is owned by company insiders.

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.