Valmark Advisers Inc. Buys 691 Shares of Welltower Inc. $WELL

Valmark Advisers Inc. increased its stake in Welltower Inc. (NYSE:WELL) by 29.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,007 shares of the real estate investment trust’s stock after purchasing an additional 691 shares during the quarter. Valmark Advisers Inc.’s holdings in Welltower were worth $462,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of WELL. SouthState Corp raised its holdings in shares of Welltower by 704.8% in the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 148 shares during the period. Wealth Preservation Advisors LLC bought a new stake in shares of Welltower in the 1st quarter worth approximately $27,000. Harbor Capital Advisors Inc. bought a new stake in shares of Welltower in the 1st quarter worth approximately $28,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of Welltower in the 1st quarter worth approximately $28,000. Finally, Hughes Financial Services LLC bought a new stake in shares of Welltower in the 1st quarter worth approximately $31,000. Institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on WELL shares. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. Cantor Fitzgerald initiated coverage on shares of Welltower in a report on Wednesday, October 1st. They set an “overweight” rating and a $195.00 target price on the stock. Scotiabank boosted their target price on shares of Welltower from $181.00 to $182.00 and gave the company an “outperform” rating in a report on Monday. UBS Group initiated coverage on shares of Welltower in a report on Friday, September 19th. They set a “buy” rating and a $195.00 target price on the stock. Finally, Wells Fargo & Company boosted their target price on shares of Welltower from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Wednesday, August 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and an average target price of $180.69.

Welltower Trading Down 1.2%

Welltower stock opened at $167.10 on Friday. The stock has a market cap of $111.76 billion, a P/E ratio of 94.41, a PEG ratio of 1.91 and a beta of 0.92. Welltower Inc. has a fifty-two week low of $122.34 and a fifty-two week high of $180.40. The firm’s fifty day moving average price is $168.60 and its 200-day moving average price is $157.26. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.06. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.49 billion. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The business’s quarterly revenue was up 39.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Equities research analysts forecast that Welltower Inc. will post 4.88 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 21st. Stockholders of record on Tuesday, August 12th were issued a $0.74 dividend. The ex-dividend date of this dividend was Tuesday, August 12th. This is an increase from Welltower’s previous quarterly dividend of $0.67. This represents a $2.96 annualized dividend and a dividend yield of 1.8%. Welltower’s payout ratio is currently 167.23%.

About Welltower

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.